SpiceJet shares fly 5.5% in trade; here is what is driving the stock:
Large deals of 1.5 million shares take place in SpiceJet, the company plans QIP ...
business-standard.com/markets/news/spicejet-shares-fly-5-5-in-trade-here-is-what-is-driving-the-stock-124090900214_1.html
Photo: business-standard.com · view article
SpiceJet Shares Soar on Deals and Lease RestructuringSpiceJet aims to raise Rs 3,236 crore and cut lease liabilities by $40 million as of June 2024.
Key FactsSep 9, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: business-standard.com
Summary created with AI assistance · Source: business-standard.com
- SpiceJet shares climbed 5.5% on September 9, reaching an intraday peak of Rs 64.86.
- Approximately 1.5 million shares traded through multiple block deals, with promoter Ajay Singh expected to reduce his stake by over 10%.
- The airline signed a term sheet with Carlyle Aviation to reduce aircraft lease obligations from $137.68 million to $97.51 million by June 30, 2024.
- Plans include raising Rs 2,500 crore via QIP and Rs 736 crore through warrants and promoter infusion for fleet expansion and debt repayment.
Story Details
| Last Updated | |
| Total Articles | 1 |
Main Topics
single unit of ownership in a corporation, mutual fund, or any other organization
Similar to This
Previous
Delhi-Pune SpiceJet flight cancelled as AC snag leaves flyers ‘suffocating’: Passengers alleged no food or refreshments were arranged for them during the ...
indianexpress.com/article/cities/pune/delhi-pune-spicejet-flight-cancelled-after-ac-snag-10829578/
SpiceJet owes over Rs 400 crore with interest, Kalanithi Maran claims: KAL Airways, owned by Kalanithi Maran, has countered that SpiceJet’s review petition is ...
financialexpress.com/business/airlines-aviation-spicejet-owes-over-rs-400-crore-with-interest-kalanithi-maran-claims-4210247/
IndiGo pares gains, SpiceJet shares fall 1% as DGCA mandates 60% free seats: As of 10:44 AM, IndiGo share price was quoted at ₹4,349.80, up 1.45 per cent ...
business-standard.com/markets/news/indigo-pares-gains-spicejet-shares-fall-1-as-dgca-mandates-60-free-seats-126031800335_1.html
Why did SpiceJet share rise 8% in overall weak market today? Find here: SpiceJet shares rose after the airline announced the induction of two Boeing 737 aircraft ...
business-standard.com/markets/news/why-did-spicejet-share-rise-8-in-overall-weak-market-today-find-here-125120900320_1.html
SpiceJet surges 14% on heavy volumes in subdued market; here's why: SpiceJet shares jump 14% as airline adds new flights amid IndiGo disruptions; stock gains for ...
business-standard.com/markets/news/spicejet-surges-14-on-heavy-volumes-in-subdued-market-here-s-why-125120800167_1.html
SpiceJet clears Rs 442 cr debt, completes equity share allotment to Carlyle : Last week, the airline reported a higher net loss of Rs 635.42 crore for the ...
financialexpress.com/business/airlines-aviation-spicejet-clears-rs-442-cr-debt-completes-equity-share-allotment-to-carlylenbsp-4049921/
SpiceJet Q2FY26: Net loss widens to Rs 621 crore; CMD Ajay Singh bets on fleet expansion for turnaround
financialexpress.com/business/industry-spicejet-q2-fy26-net-loss-widens-to-rs-635-crore-cmd-ajay-singh-bets-on-fleet-expansion-for-turnaround-4040569/
SpiceJet shares jump 7% on aircraft additions; stock up 22% in 2 sessions: SpiceJet shares Price Today: SpiceJet added three new aircraft to its operational ...
business-standard.com/markets/news/spicejet-shares-jump-7pc-on-aircraft-additions-stock-up-22pc-in-2-sessions-125101000393_1.html
Elara cuts target for this aviation stock by 37%: 3 big concerns investors can’t ignore
financialexpress.com/market/elara-cuts-target-for-this-aviation-stock-by-37-3-big-concerns-investors-cant-ignore-3971414/
SpiceJet settles $24 million Credit Suisse dispute after 10 years: What’s next?: The dispute between SpiceJet and Credit Suisse reached the Madras High Court in ...
financialexpress.com/business/industry-spicejet-settles-24-million-credit-suisse-dispute-after-10-years-whats-next-3970735/
SpiceJet Q1 net loss widens to Rs 234 crore: SpiceJet has reported a net loss of ₹234 crore in the first quarter of FY26, a significant drop from the previous ...
financialexpress.com/business/industry-spicejet-q1-net-loss-widens-to-rs-234-crore-3968559/
Discovery Global Management exits SpiceJet, sells 2.2 pc stake for Rs 119 cr: Aviation Markets: Discovery Capital exits SpiceJet with ₹119 crore deal; Plutus ...
deccanherald.com/business/discovery-global-management-exits-spicejet-sells-22-pc-stake-for-rs-119-cr-3645237
SC dismisses KAL Airways, Kalanithi Maran plea against SpiceJet: New Delhi: The Supreme Court on Wednesday dismissed a plea of KAL Airways and Kalanithi Maran ...
deccanherald.com/india/sc-dismisses-kal-airways-kalanithi-maran-plea-against-spicejet-3644266
AeroTime Nov 28 24
SpiceJet resolves insolvency case with Aircastle for $5.6M: Ireland-based aircraft lessor Aircastle has ended its insolvency case against SpiceJet after agreeing ...
aerotime.aero/articles/spicejet-resolves-insolvency-case-with-aircastle-for-5-6m
SpiceJet launches eight new flights, links Jaipur and Ahmedabad to key cities – Details inside
financialexpress.com/business/airlines-aviation-spicejet-launches-eight-new-flights-links-jaipur-and-ahmedabad-to-key-cities-details-inside-3658919/
SpiceJet takes off 8% on resolving dispute with lessors for $22.5 mn: SpiceJet share price today: SpiceJet settled dispute with Babcock & Brown Aircraft ...
business-standard.com/markets/news/spicejet-takes-off-8-on-resolving-dispute-with-lessors-for-22-5-mn-124100900293_1.html
Airline stocks IndiGo, SpiceJet gain after govt slashes ATF rates: Shares of listed airlines IndiGo and SpiceJet gained up to 5.4 per cent after the central ...
business-standard.com/markets/news/indigo-spicejet-shares-rise-after-govt-slashes-atf-rates-124100100390_1.html
DGCA places SpiceJet under enhanced surveillance amid financial and operational challenges
financialexpress.com/business/airlines-aviation-dgca-places-spicejet-under-enhanced-surveillance-amid-financial-and-operational-challenges-3596294/
SpiceJet soars 8% on securing 10 aircraft ahead of summer schedule: The Ajay Singh-led airline said it has finalised lease agreements for ten aircraft to bolster ...
business-standard.com/markets/news/spicejet-soars-8-on-securing-10-aircraft-ahead-of-summer-schedule-124031400267_1.html
Next