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No immediate plan to divest stake in Air India: minister

Mar 05, 2015

No immediate plan to divest stake in Air India: minister

The carrier is surviving on bailout package under a revival plan, which entails an equity infusion of Rs 30,000 crore in a staggered manner in it till 2021-22. #Disinvestment #UPA #air india #finance ministry #Kingfisher Airlines #TheySaidIt #Arun Jaitley #SpiceJet #GoAir #IndiGo #Ministry of Civil Aviation #Mahesh Sharma
SpiceJet clears plane rental dues, pays $10 mn to lessors

Mar 02, 2015

SpiceJet clears plane rental dues, pays $10 mn to lessors

Having settled its dues with the tax authorities and the public sector oil marketing firms, budget carrier SpiceJet on Monday cleared its aircraft rentals dues by paying $10 million to some of its lessors. #India #Boeing #NewsTracker #Aviation #Delhi High Court #SpiceJet #corporate
SpiceJet receives Rs 500 cr from new promoter Ajay Singh

Feb 26, 2015

SpiceJet receives Rs 500 cr from new promoter Ajay Singh

Singh now holds over 60.31 percent stake (more than 36.15 crore shares) in the carrier after buying former promoter Marans' entire stake, according to a regulatory filing. #Competition Commission of India #Aviation #SpiceJet #CompanyWatch #Ajay Singh
Vistara beats the fog, achieves 89% OTP in first month of operation

Feb 25, 2015

Vistara beats the fog, achieves 89% OTP in first month of operation

According to the DGCA statistics for January, released last week, while IndiGo had an on-time performance of 73.3 percent in January, another budget carrier GoAir clocked an over all 65.8 percent OTP in the reporting month. #Aviation #SpiceJet #CompanyWatch #GoAir #DGCA #On-time performance #Vistara
Relief for SpiceJet staffers as Ajay Singh says no big cut in manpower

Feb 25, 2015

Relief for SpiceJet staffers as Ajay Singh says no big cut in manpower

Sources told CNBC-TV18 that the airlines will see significant rejig of the top management but people at junior and mid levels will not be disturbed. #Bombay Stock Exchange #Aviation #SpiceJet #Kalanithi Maran #CompanyWatch #Kal Airways #Ajay Singh