The Supreme Court on Thursday asked Kalanithi Maran’s KAL Airways to consider the Rs 600 crore full and final settlement offer made by SpiceJet to end the protracted litigation between the erstw...
The Centre is likely to announce the winning bid for national carrier Air India by the middle of the next month, a senior government official said.
The financial bids submitted by Tata Sons through i...
The Centre has started the evaluation process of the bid documents for Air India as it looks to complete the exercise by the end of this year. The last date for the financial bids was W...
The Tatas and SpiceJet promoter Ajay Singh have submitted financial bids to buy troubled national carrier Air India. The last date for submitting the bids was Wednesday.
“Financial bids for Air...
With just two days left to submit bids for Air India, SpiceJet promoter Ajay Singh is reportedly looking to form a consortium to acquire the national carrier.
Apart from Singh, Tata Sons is keen on t...
Indian budget airline SpiceJet is examining the prospect of taking over widebody jets previously operated by Jet Airways Ltd, but initial studies show they need significant maintenance work, its chair...
Survival strategyCommenting on the performance of the airline, SpiceJet chairman and managing director Ajay Singh said, “While it has been a challenging quarter for the entire industry, SpiceJet has...
SpiceJet chairman Ajay Singh on Wednesday said any potential bidder of Jet Airways must have to contend with a viability gap funding of Rs 25,000 crore, out of which Rs 11,000 crore needed to paid upf...
Budget carrier SpiceJet’s March quarter net profit rose 22 per cent to Rs 56.3 crore on the back of higher ticket prices, despite the grounding of Boeing MAX aircraft.The Gurgaon-based airline had p...
Budget carrier SpiceJet on Friday reported a net profit of Rs 73.2 crore for the three months ended December.“The standalone profit from air transport services (airline) was Rs 115 crore. Further, t...