Wed, Aug 14, 2024
SpiceJet Chairman and Managing Director Ajay Singh may trim his shareholding in the financially troubled airline by 10 per cent, sources told Zee Business. At the end of the June quarter, Singh was the single biggest shareholder in the airline with his family owning more than 43 per cent stake.
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Wed, Jun 05, 2024
The airline plans to raise USD 250 million in the next couple of months and there is a bright enough future, Singh said at the CAPA India Aviation Summit in the national capital.
Tue, May 28, 2024
The low-cost airline said that these assertions were not only legally untenable but also regurgitation of previously rejected claims by the Arbitral Tribunal and then the Delhi High Court.
Mon, Sep 11, 2023
In a statement, the airline said: "SpiceJet acknowledges the legal process and is committed to complying with all court directives and obligations in the Credit Suisse case and will make the payment of $1.5 million as per the court directive."
Thu, May 04, 2023
SpiceJet will make all its 25 grounded aircraft ready to fly in the next 2-3 months. Ajay Singh CMD, SpiceJet. Watch Ambarish Pandey's exclusive interview with SpiceJet's top management.
Tue, Apr 04, 2023
Aviation and Tourism Sector have crossed the bad phase, says Ajay Singh, President, ASSOCHAM. Watch Zee Business's exclusive interview with Ajay Singh.
Wed, Aug 03, 2022
According to a Reuters report, the company’s promoter Ajay Singh has been exploring a possibility of a partial stake sale in the budget carrier.
Fri, Apr 26, 2019
Watch this video for exclusive conversation with Ajay Singh, Chairman & MD, SpiceJet.
Ajay Singh, Chairman and Managing Director (CMD), SpiceJet, said that we are a low-cost airline and too small to take over and turnaround Jet Airways, which needs a deep-pocketed investor, in an interview with Zee Business.
Wed, Feb 13, 2019
Fluctuation in oil prices, yield indiscipline and airport infrastructure constraints remain three main challenges for Indian aviation market, SpiceJet Chairman and MD Ajay Singh said.
Mon, Jan 28, 2019
Watch exclusive chat with Ajay Singh, Chairman, Spice Jet on Udaan Yojana
Ajay Singh, Chairman, SpiceJet, during an interview with Zee Business, spoke about his view on global investment in India, IMF growth forecast and expectations from the budget.
Fri, Jan 25, 2019
#Davos2019 | एविएशन सेक्टर के मुद्दों पर दावोस में स्पाइस जेट के c से खास बातचीत की स्वाति खंडेलवाल ने।
Tue, Jan 22, 2019
Ajay Singh, who is here to participate in the World Economic Forum Annual Meeting, said the country is emerging as "aviation power", as the Indian aviation sector is the fastest growing in the world with a growth rate of 20 per cent a year.
Thu, Nov 29, 2018
As per the AAI norms, all the carriers are supposed to keep their dues within 80 per cent of their security deposit with the state-run aerodrome operator.
Sat, Oct 13, 2018
There were several states that hiked the VAT on ATF when crude prices were on a decline. For instance, VAT on ATF was hiked to 25 per cent from 20 per cent in Delhi.
Mon, Sep 10, 2018
SpiceJet will now transport letters, credit cards, bloods, organs and what not. The airline has announced the launch of its dedicated air cargo services today. The Air cargo traffic in India is expected to grow by 60% in the next five years. Fuelled by the e-commerce boom, SpiceJet aims to shore up SpiceXpress’s existing capacity, transforming it into a full scale freighter cargo service.
Sat, Sep 08, 2018
Speaking at the Global Mobility Summit 'MOVE', Singh pointed out that India was the fastest growing aviation market in the world.
Sun, Mar 25, 2018
Ajay Singh has said it is time for Indian carriers to start flying people directly overseas rather than in foreign carriers and places like the national capital and Mumbai "should become global international hubs". Singh, SpiceJet airline's chairman and managing director, has mooted the idea of having a scheme similar to that of UDAN (Ude Desh ka Aam Naagrik), which seeks to connect unserved and under-served airports in different parts of the country
Sun, Mar 18, 2018
SpiceJet, which has remained profitable for 12 straight quarters after being on the brink in late 2014, is charting out ambitious expansion plans, including the possibility of long-haul low-cost overseas flights. In one of the biggest transactions in domestic aviation space, SpiceJet has inked a USD 12.5 billion deal with French major Safran Group for CFM aircraft engines
Sun, Dec 10, 2017
Budget carrier SpiceJet, which plans to buy more than 100 amphibian aircraft at an estimated cost of $400 million, may put these seaplanes into operations within one year.
Fri, Jul 28, 2017
The bench directed SpiceJet to deposit Rs 250 crore in a cash on or or before August 31 and the remaining amount Rs 329 crore by way of bank guarantee with the court towards the disputed amount.
Tue, Apr 11, 2017
SpiceJet stock was trading up 2.9% to Rs 99.80 in the early morning trade on BSE on Tuesday a day after its chief Ajay Singh has paid Rs 2.02 lakh towards settlement charges under the Sebi regulations on Monday.
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