SpiceJet MD Ajay Singh sells 0.9% stake in company for Rs 52 crore
Ajay Singh, one of the promoters and MD of SpiceJet, on Thursday divested nearly 1 per cent stake in the budget airline for Rs 52 crore through an open market transaction.
Ajay Singh, one of the promoters and MD of SpiceJet, on Thursday divested nearly 1 per cent stake in the budget airline for Rs 52 crore through an open market transaction.
The airline has inked an agreement with MRO (Maintenance, Repair and Overhaul) services provider StandardAero for enabling restoration of its grounded Boeing 737-8 MAX fleet, according to a release on Friday.
SpiceJet on Thursday said aircraft lessor Genesis will acquire a stake worth $ 4 million in the airline as part of settling a more than $ 16 million dispute.
Delhi Airport reported more than 50 diversions due to low visibility because of fog between the midnights of December 24-25 and 27-28
The payment was executed on Thursday, according to a filing with the stock exchanges
The board further decided to seek approval of the shareholders in accordance with extant provisions of the Companies Act, 2013 and other applicable rules and regulations
The Delhi High Court has ordered low-fare airline SpiceJet to pay ₹380 crore to its former promoter