Spicejet Ltd. News and Updates

Keep track of all breaking news on Spicejet Ltd. from all sources in a single place.

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Spicejet Ltd.

08 Mar 2025

40.46

-1.68%

SpiceJet in trouble as 3 aircraft lessors, ex-pilot file insolvency pleas

Business Standard

SpiceJet is facing fresh round of troubles as three Ireland-based aircraft lessors and a former pilot have filed insolvency pleas in NCLT against the budget carrier, claiming defaults. Three lessors - NGF Alpha, NGF Genesis and NGF Charlie- have filed petitions under Section 9 of IBC, seeking initiation of insolvency proceedings against SpiceJet claiming dues totalling USD 12.68 million (about Rs 110 crore). SpiceJet, during the proceedings of the National Company Law Tribunal, earlier this week, sought some time to resolve the matter as settlement talks were going on. "Counsel on behalf of the Operational Creditor (SpiceJet) is present and sought time to seek instructions on the future course of action to be taken in the matter," NCLT said in an order. The insolvency tribunal directed to list all three petitions on April 7, 2025, for the next hearing. The lessors had earlier leased five Boeing 737 to SpiceJet. They had served legal notice to SpiceJet wherein they alleged theft o

Promoters pledged 1.88% of shares in last quarter. Total pledge stands at 42.18% of promoter holdings

SpiceJet faces trouble as 3 aircraft lessors, former pilot file insolvency pleas

Business Line | 08 Mar 2025

Spicejet Ltd.

05 Mar 2025

40.46

-1.68%

SpiceJet shares fly 6% after Plutus Wealth buys 9 mn shares via bulk deal

Business Standard

As per BSE bulk deal data, Plutus Wealth Management LLP bought 9 million shares at Rs 46 per share of SpiceJet

Promoters pledged 1.88% of shares in last quarter. Total pledge stands at 42.18% of promoter holdings

Spicejet Ltd.

28 Feb 2025

40.46

-1.68%

SpiceJet share price falls nearly 12% in two days; here's what analysts say

livemint

SpiceJet share price fell nearly 12% in two days following its Q3 results, despite a profit of 26 crore. Revenue for the December quarter decreased from last year, prompting analysts to revise target prices and report a decline in market share and passenger load factor.

Promoters pledged 1.88% of shares in last quarter. Total pledge stands at 42.18% of promoter holdings

Spicejet Ltd.

27 Feb 2025, 09:34AM

40.46

-1.68%

SpiceJet share price dips 5% despite 26 crore profit in Q3FY25; here's what Nuvama suggests

livemint

SpiceJet share price dips 5% despite 26 crore profit in Q3FY25; here's what Nuvama suggests

Spicejet Ltd. has an average target of 62.00 from 1 broker.

SpiceJet's Q3FY25 profit at 26 crore, becomes net-worth positive

Business Line | 26 Feb 2025, 06:21PM 4 more

Spicejet Ltd.

05 Feb 2025

40.46

-1.68%

Former SpiceJet pilots join bankruptcy chorus over 3 crore unpaid dues

livemint

Two former pilots have moved the NCLT, seeking insolvency proceedings against SpiceJet over unpaid dues. The tribunal, however, hinted that the plea may be a pressure tactic.

Spicejet Ltd. has lost -28.49% in the last 6 Months

Spicejet Ltd.

28 Jan 2025

40.46

-1.68%

SpiceJet to re-induct grounded Boeing 737 Max aircraft fleet into ops

Business Standard

Domestic budget carrier SpiceJet on Tuesday said it is set to re-induct one of its grounded Boeing 737 Max aircraft into operations from January 29, as part of its plan to put all these planes back into service in a phased manner. The first such plane is set to be deployed on high-demand markets such as Jeddah and Riyadh, starting Wednesday, it said. Grounded for several months, the aircraft's return marks a significant milestone in the airline's fleet restoration and operational enhancement efforts, SpiceJet said in a statement. Under its ongoing fleet restoration plan, the airline aims to bring ten aircraft, including four Boeing 737 MAX planes, back into service by mid-April and this is the first 737 MAX aircraft to be brought back under the exercise, it said. In addition to this, SpiceJet said it has since October last year added 10 aircraft to its fleet, comprising three previously grounded planes and seven newly-leased aircraft. This has enabled the airline to expand its net

Spicejet Ltd. has lost -28.49% in the last 6 Months

Spicejet Ltd.

28 Jan 2025

40.46

-1.68%

Spicejet share price jumps 7% after re-induction of grounded flight in operations

livemint

Stock Market Today: SpiceJet share price gained more than 4% during the intraday trades on Tuesday. Spice jet on Monday post market hours had announced Re-Induction of First Grounded 737 MAX Aircraft into Service

Spicejet Ltd. has an average target of 62.00 from 1 broker.

Spicejet Ltd.

16 Jan 2025

40.46

-1.68%

Delhi high court orders SpiceJet to pay $2.67 mn to engine lessor within a week

livemint

The payment is part of a larger outstanding default of $6 million owed by the airline

Spicejet Ltd. has lost -28.49% in the last 6 Months

Spicejet Ltd.

10 Jan 2025

40.46

-1.68%

Fleet Strength: SpiceJet to bring back 10 aircraft

Business Line

This initiative will significantly increase the current fleet size of 28 aircraft

Spicejet Ltd. has lost -28.49% in the last 6 Months

SpiceJet to add 10 grounded aircraft by April amid weak stock performance

Business Standard | 10 Jan 2025

Spicejet Ltd.

30 Dec 2024

40.46

-1.68%

SpiceJet shareholders discuss funding and expansion plans during AGM

Business Standard

SpiceJet shareholders on Monday sought to know about the airline's funding and expansion plans during the annual general meeting. At the 40th Annual General Meeting (AGM), members also transacted various businesses, including adoption of audited financial statements for the financial year ended March 31, 2024, together with the reports of the board of directors and the statutory auditors, and increasing the company's authorised share capital, according to a regulatory filing. The budget carrier, whose Chairman is Ajay Singh, recently raised Rs 3,000 crore and since then, has been settling pending dues and various disputes. At the AGM, the airline said questions were raised by the members, inter-alia, on future expansion, raising of funds, operating expenses of the company, accounts of the company and addition of new flights. "The Chairman replied the questions of the members and also apprised about the operational highlights of the company, fund-raising efforts, future outlook etc,

Spicejet Ltd. has lost -28.49% in the last 6 Months

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Hold 12.19%

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Spicejet Ltd. News and Updates

Keep track of all breaking news on Spicejet Ltd. from all sources in a single place.