NEW DELHI, Aug 24 (Reuters) - Indian budget airline SpiceJet told a court on Thursday it was "struggling to stay afloat", as it was ordered to make a payment to its former owner over money owed. In ...
SpiceJet has been facing financial and legal issues for years. However, the positive momentum of the Indian aviation industry is keeping it from going bankrupt, and that is what the airline is banking ...
SpiceJet is facing significant challenges concerning its financial stability, regulatory compliance, and operational future. Over the past few years, the airline's condition has worsened. Dozens of ...
Indian low-cost carrier Spicejet has finally spun off its SpiceXpress freighter business as it looks to grow the company. SpiceJet says that SpiceXpress became a standalone entity on April 1 through a ...
Indian low-cost carrier SpiceJet saw its second quarter operating loss widen to Rs8.4 billion ($104 million) from an operating loss of Rs5.6 billion a year earlier. Revenues in the three months ended ...
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How SpiceJet turned a profit in Q4
Amid the events at Ahmedabad last week, what went unnoticed was SpiceJet declaring its Q4-FY25 and full-year FY25 results late on Friday evening. The airline reported a profit after tax of ₹319 crore ...
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