Page 2 - Ajay Singh

SpiceJet in dire need of recapitalisation to revive operation: Report

The carrier has been strong in its pursuit of weathering the storm but it has faced a series of headwinds for more than three years. The company reported huge loss in April-June quarter

SpiceJet reports combined loss of Rs 1,247 crore in Q4FY22 and Q1FY23

SpiceJet incurred net losses of Rs 316 crore, Rs 934 crore, and Rs 998 crore in FY19, FY20, and FY21, respectively

SpiceJet exploring stake sale to raise Rs 2,000 cr, says CMD Ajay Singh

SpiceJet is looking to raise investments from external parties, including airlines, said Ajay Singh on the sidelines of an ASSOCHAM event

Cheating case filed against SpiceJet MD Ajay Singh, others in Gurugram

A case of fraud has been registered against SpiceJet Chairman and Managing Director Ajay Singh and others for allegedly cheating a Gurugram resident by delivering fake share certificates to him.

SpiceXpress to be hived off from SpiceJet by Aug first week: Ajay Singh

Banks and shareholders have given their approval to hive off cargo and logistics company SpiceXpress from SpiceJet airline, the carrier's CMD Ajay Singh said

Catch 22: Airlines want a 15% hike in airfares but fear a drop in traffic

In the nine hikes since January 1, the jet fuel prices have been increased by Rs 49,017.8 per kl or nearly 55%

Hope to start broadband internet service on SpiceJet aircraft soon: CMD

SpiceJet will induct more Boeing 737 Max aircraft over the next few months and it hopes to start broadband internet service on its planes soon, its Chairman and Managing Director (CMD) Ajay Singh said

Consider giving interest to Kalanithi Maran, SC tells SpiceJet

The bench has now fixed the case for further hearing on April 18 after senior advocate Mukul Rohatgi, appearing for the Spicejet, sought some time

SpiceJet's Ajay Singh granted interim protection in fraud case

The court directed Singh to join the investigation and keep the disputed shares frozen in the meantime.

SpiceJet inks pact with Credit Suisse on $24-million dispute

In a separate case, top court asks airline to settle share-purchase dispute with Marans by Apr 12

SpiceJet promoter Ajay Singh to appeal against arrest warrant in Delhi

Delhi businessman accuses airline boss of failing to transfer shares to him as part of an agreement.

SpiceJet's Ajay Singh plans fleet expansion as carrier nears break-even

SpiceJet chairman Ajay Singh expects his cargo business to reach $1 billion in revenue in two to three years.

The final countdown

The administrative ministry - ministry of civil aviation - prone to leaks is privy to very little

Air India privatisation: SpiceJet's Ajay Singh has a risky flight plan

Even as the low-cost airline he runs has shrunk to survive the pandemic, many are questioning his plans to bid for national carrier Air India

SpiceJet, IndiGo ready for new war zone as cargo biz continues upward swing

Analysts remain sceptical on the profitability from freighter business

Saving SpiceJet: Promoter Ajay Singh faces his toughest challenge

With a series of default notices and sceptical banks, the promoter has a formidable challenge

SpiceJet partners cold-chain solution firms for Covid-19 vaccine transport

It is also leasing wide-body A340 planes, which have allowed it to expand its reach

Round trip: Six years after a revival, SpiceJet is back where it started

Six years after a revival, the question being asked is whether India's second largest private airline, SpiceJet, is back where it started

Smart or rash? SpiceJet flies in the face of logic amid Covid-19 pandemic

Some admire the way the airline has reacted to Covid crisis but with the airline announcing plans last week to start direct flights to London in the winter of 2020, the list of naysayers is growing

SpiceJet stands by Boeing in tough time but expects reciprocity: Ajay Singh

Boeing is facing a "stressful time" and SpiceJet is there as a partner to stand by it in these tough times but "we expect reciprocity", the airline's chief Ajay Singh said on Tuesday. SpiceJet -- the lone domestic carrier that has now-grounded Boeing 737 MAX planes in its fleet -- has also placed a USD 22 billion order for aircraft with the US major. In 2019, Boeing 737 MAX planes were grounded worldwide in the wake of two fatal crashes involving the aircraft. SpiceJet grounded 13 such planes in March last year. Against this backdrop, Singh on Tuesday asserted that the airline has stood by Boeing. Participating in a panel discussion at the 'USIndia Forum: Partners for Growth' conference here, the SpiceJet Chairman & Managing Director said that at this time Boeing has a lot of problems and they are trying to get this plane flying. "At the same time, they are trying to compensate airlines... so it is a stressful time. "We are there as partners to stand by them through a tough time