SpiceJet
Key Events
Only the most relevant ones. Captured in a simplistic format. Helps to keep a track, gauge the management quality and take an informed investment decision.
February 27, 2023
In September 2021, SpiceJet had taken shareholders’ approval to transfer it’s cargo and logistics services business to its subsidiary, SpiceXpress and Logistics Private Ltd. (SLP), on a slump-sale basis, for ... Read more
August 3, 2022
Spicejet has informed that it has settled with Airports Authority of India (AAI) and has cleared all the ‘principal’ dues. Financial difficulties of the airline are widely known. It has ... Read more
July 27, 2022
Since May of this year (i.e, in just 2 months), Spicejet has reported 9 mid air snags. This is uncommon in Indian skies and deserved a closer look by the ... Read more
February 9, 2022
As per a news report by Mint newspaper, Blackrock (US based large fund manager) had highlighted accounting irregularities at SpiceJet in December 2021. Key points to note: Blackrock had raised ... Read more
December 10, 2021
It was a Mumbai to Kolkata flight on December 9, 2021. After 15 minutes of departure, the pilots had to shut down an engine and divert the flight back to ... Read more
December 6, 2021
The Madras High Court on December 6th, 2021 directed the airline to wind up for non-payment of over $24 million to SR Technics, a Swiss company that maintains, repairs, overhauls ... Read more
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