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Govt to Ajay Singh: Rs 1,200 cr investment is fine, but tell us how SpiceJet can be run now

Dec 27, 2014

Govt to Ajay Singh: Rs 1,200 cr investment is fine, but tell us how SpiceJet can be run now

Singh and his partners need to pump in some money by next week or convince the ministry of civil aviation that they have an iron clad investment plan. #Private equity #SpiceJet #Kalanithi Maran #stake sale #Ministry of Civil Aviation #revival #Ajay Singh
SpiceJet submits revival plan; Ajay Singh to take 2-3 more weeks

Dec 23, 2014

SpiceJet submits revival plan; Ajay Singh to take 2-3 more weeks

The airline's original investor Ajay Singh is in discussion with two US-based private equity investors to get them onboard but it will take a while before the proposal takes a concrete shape. #Business #SpiceJet #Civil aviation #Ajay Singh #Mahesh Singh
Vistara sees govt revoking 5/20 rule, readies plan to fly abroad

Dec 23, 2014

Vistara sees govt revoking 5/20 rule, readies plan to fly abroad

Vistara plans to start international operations as soon as the Government lifts the 5/20 rule. #air india #Airline #Jet Airways #Tata Sons #SpiceJet #Tata #DGCA #Kingfisher #Singapore Airlines #Vistara
SpiceJet's dues rise 24 percent in 18 days to Rs 1,230 cr till 10 Dec

Dec 22, 2014

SpiceJet's dues rise 24 percent in 18 days to Rs 1,230 cr till 10 Dec

Troubled budget carrier SpiceJet's dues to foreign and Indian vendors, airport operators and oil companies grew swiftly from Rs 990 crore to Rs 1,230 crore in a matter of 18 days till December 10, LokSabha was informed today. #Marans #SpiceJet #equity #Aviation Ministry #CAPA #Sun Group #Sanjiv Kapoor #Gajapathi Raju
Buffalo-hit: Surat airport director transferred to Assam

Nov 12, 2014

Buffalo-hit: Surat airport director transferred to Assam

On 6 November, a Surat-Delhi SpiceJet aircraft, SG 622, carrying over 140 passengers excluding crew members, hit a buffalo on the runway at Surat airport just few seconds before the take-off. #Business #NewsTracker #SpiceJet #Buffalo #SD Sharma