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SpiceJet reeling under financial stress, delays salaries, EPFO deposits: Report

A spokesperson in the Ajay Singh-promoted airline said that the salaries have been paid to over 75 per cent of the employees as of now. The pension fund deposits will be done soon. ....

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airlines | Cash-strapped SpiceJet to raise Rs 2250 crore in funds through equity shares, warrants

SpiceJet will issue convertible warrants to 64 allottees, including Prabhudas Lilladher Advisory Services, LKP Finance, Martina Developers, and Fincon ....

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SpiceJet is India's most delayed Airline amid summer rush

SpiceJet, which is operating about 250 flights a day, isn’t alone. Air India Ltd., the nation’s second-largest carrier, slid to fifth from second in the punctuality ranks, with almost twice as many flight delays in May as a month earlier. ....

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3 SpiceJet planes de-registered, airline says 'no impact on ops'

Two of three de-registered planes were non-operational and there's no impact on operations, SpiceJet said. ....

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