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SpiceJet to revive 25 grounded aircraft amid Go First bankruptcy latest updates

SpiceJet to revive 25 grounded aircraft amid Go First bankruptcy latest updates
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Ajay Singh , Logistics Pvt Ltd , Emergency Credit Line Guarantee Scheme , Managing Director , Regional Connectivity , India Spicejet , Logistics Pvt ,

SpiceJet to revive 25 grounded aircraft

Gurugram, May 3: Budget carrier SpiceJet has mobilised plan to revive its 25 grounded aircraft. ....

Ajay Singh , Logistics Pvt Ltd , Emergency Credit Line Guarantee Scheme , Managing Director , Regional Connectivity , Logistics Pvt ,

Carlyle to get 7.5% stake in SpiceJet as part of debt restructuring

The struggling airline has converted its unpaid debt to Carlyle and its affiliates into equity shares and compulsorily convertible debentures, according to a press release from the company, and as a result, Carlyle Aviation Partner will receive a 7.5% stake in SpiceJet Ltd.

By issuing equity shares and compulsorily convertible debentures of 25.56 billion rupees, SpiceJet ....

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Starport Logistics Ltd to sell its stake in India Ports & Logistics Pvt Ltd

Starport Logistics Limited, a wholly owned subsidiary of Starlog Enterprises Limited, has approved to sell its entire stake aggregating to 29.60% of the paid-up Equity Share Capital of India Ports & Logistics Private Limited. ....

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Justice Wadyajena ruling further deferred

THE ruling on Gokwe-Nembudziya legislator Justice Mayor Wadyajena’s application for revocation of placement on remand on fraud and money laundering charges involving funds allegedly embezzled at the Cotton Company of Zimbabwe (Cottco) was yesterday further deferred to February next year. Harare regional magistrate Mr Stanford Mambanje postponed the ruling on behalf of his brother magistrate… ....

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