ARCHIVES

SpiceJet and De Havilland settle dispute over Dash 8 order

Indian no-frills carrier SpiceJet has entered into a settlement deal with De Havilland Canada (DHC). The Canadian company had earlier this year taken SpiceJet to UK courts to recover $42.9 million for failing to make pre-delivery payments after ordering 25 Dash-8-400...

SpiceJet looks at adding 777s to its fleet

Indian low-cost carrier SpiceJet is exploring options to introduce a couple of Boeing 777-200ERs to kickstart its long-haul fleet plans. The airline has recently operated various flights across the world using air bubble rights granted by the Indian government for...

High Court orders winding up of SpiceJet over outstanding dues

Financially-beleaguered Indian no-frills carrier SpiceJet has been ordered to wind up its operations by the Madras High Court, in an order passed earlier this week. The Madras High Court has also asked the official liquidator to take over the low-cost airline's assets...

SpiceJet’s Q2 loss widens on higher costs

SpiceJet reported a larger loss during the second quarter, as higher operating expenses took a toll on the Indian low-cost carrier. Operating loss for the quarter ended 30 September 2021 came in at Rs 5.62 billion, nearly five times the Rs 1.13 billion loss for the...