SpiceJet to add 7 planes; another Rs 500 cr infusion in April

As it embarks on a revival path, budget carrier SpiceJet plans to lease seven more Boeing 737 aircraft by May while another Rs 500 crore or Rs 5 billion is expected to be infused by its new owner......

Maran to finalise SpiceJet stake sale soon

A consortium led by Ajay Singh is initially expected to invest Rs 1,200 cr, largely to cover liabilities. Kalanithi Maran, majority owner of low-cost air carrier SpiceJet, could within this week......

Spicejet founder director Ajay Singh exits board

Ajay Singh, one of the founder directors of Spicejet, has left the board of the low-cost airline, paving the way for restructuring of the company by its new owner Kalanithi Maran, the promoter of......

Goldman Sachs throws hat in SpiceJet ring

Global investment banking and securities firm Goldman Sachs has expressed interest in acquiring equity in Delhi-based SpiceJet even as top sources said talks for a merger with Kingfisher Airlines......