Spicejet Deal

SpiceJet Commits To Buy Boeing's 737 MAX 10 Planes Worth $4.7 Billion

World News | Reuters | Monday June 19, 2017

Indian low-cost carrier SpiceJet has committed to buy the new 737 MAX 10 planes from Boeing Co, the companies said, becoming an inaugural customer for an aircraft designed to blunt strong sales of rival planemaker Airbus' A321neo.

Air India Inks Pact With Spicejet For Maintenance Facility At Mihan

Business | Press Trust of India | Wednesday August 10, 2016

Air India has finally succeeded in roping-in a private airline to use the maintenance repair overhaul (MRO) facility at the SEZ in Mihan.

Court Asks SpiceJet, Kalanithi Maran To Resolve Dispute By Arbitration

Business | Press Trust of India | Friday July 29, 2016

SpiceJet was on Friday directed to deposit Rs 579 crore in 12 months before the Delhi High Court which asked the airline and Sun Group chief Kalanithi Maran along with his Kal Airways to appoint an arbitral tribunal to decide the share transfer dispute between them in a year.

SpiceJet's 100-Plane And $12 Billion Blockbuster Deal: Foreign Media

India News | Anurag Kotoky,Julie Johnsson,Andrea Rothman, Bloomberg | Wednesday July 13, 2016

Two years ago, SpiceJet was fighting for survival as creditors retreated and oil companies refused to refuel its airliners. Today, the world's biggest planemakers are wooing the recovering Indian budget carrier for a potential blockbuster order worth about $12 billion.

SpiceJet Deal With Ajay Singh Cleared by CCI: Report

Business | Press Trust of India | Thursday February 19, 2015

The Commission has already communicated to Singh about its approval, sources added.

Fair Trade Regulator Probing SpiceJet Deal: Report

Business | Press Trust of India | Tuesday February 17, 2015

SpiceJet's net loss widened to Rs 275 crore in three months ended December 2014, mainly on account of lower passenger numbers and a one-time cost of Rs 295 crore.

SpiceJet Deal Announcement Linked to Pongal Festival: Report

Business | Thursday January 15, 2015

The approval of the board of crisis-hit SpiceJet on Thursday for transfer of promoter Kalanithi Maran family's stake as well as control to Ajay Singh coincided with Pongal, an auspicious day in South India.

Aviation stocks see improved returns post Spicejet deal

Business | NDTV Correspondent | Friday November 25, 2011

Aviation stocks have given returns of up to 7 per cent post Spicejet stake sale, reflecting investors' increased confidence in the sector which had been treated as outcast for long. According to analysts, the Indian aviation industry has come out of blues and this is the right time to enter the sector as it may see a complete turnaround on ...

Sun TV's Maran close to striking SpiceJet deal

Business | NDTV Correspondent | Friday November 25, 2011

Media baron and Sun TV promoter Kalanithi Maran is all set to take control of the country's second largest low cost carrier SpiceJet. The Sun TV promoter has been in the hunt for some time now, but has finally sealed the deal. Sources have told NDTV that Maran has revised his offer to both Wilbur Ross and the Khansagra family for buying thei...