SpiceJet suspends flight operations from Ahmedabad-Goa for a month
The bench led by NCLT President Ramalingam Sudhakar directed SpiceJet to attend the hearing on the given date12-05-2023
12-05-2023
SPICEJET LTD. - 500285 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find attached intimation sent by the Registrar and share transfer agent of the Company (KFin Technologies Limited) dated May 11, 2023 regarding loss/misplacement of share certificates of the Company.11-05-2023
SpiceJet starts process of reviving grounded airplanes with $50 mn
Budget carrier SpiceJet on Thursday said it has no plans to file for insolvency proceedings and has also started the process of reviving its grounded fleet with USD 50 million. The statement from SpiceJet comes at a time when a lessor has filed an insolvency resolution plea against the airline and crisis-hit rival Go First being admitted for voluntary insolvency resolution proceedings by the National Company Law Tribunal (NCLT) on Wednesday. While citing the recent developments in the Indian aviation market, SpiceJet said it has no plans whatsoever to file for insolvency. "We want to scotch any speculation that may have arisen due to the filing by another airline. The airline is firmly focussed on its business and remains in active talks with investors to raise funds," it said in a statement. On May 8, the NCLT issued a notice to the budget carrier on the insolvency plea filed by lessor AirCastle (Ireland) Ltd and the matter is scheduled for a hearing next week. Besides, lessors h11-05-2023
SPICEJET LTD. - 500285 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached herewith Press Release11-05-2023
SPICEJET LTD. - 500285 - Clarification Regarding News Article
Please find attached clarification regarding news article.10-05-2023
Lessors approaches regulator DGCA to deregister three planes of SpiceJet
In further headwinds for struggling SpiceJet, lessors have approached aviation regulator DGCA for deregistration of three planes of the airline. Many aircraft of the budget carrier are grounded due to various reasons. The airline's three lessors -- Wilmington Trust SP Services, Sabarmati Aviation Leasing and Falgu Aviation Leasing -- have sought deregistration of one aircraft each, according to an update on the regulator's website. The latest development comes a day after the National Company Law Tribunal (NCLT) issued a notice to the Ajay Singh-promoted private carrier on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings against it. "Two of the three planes are grounded for a long period now and the same doesn't affect our operations," a SpiceJet spokesperson said in a statement. "We are in discussion to resolve the matter. We have been working to bring back our grounded fleet basis the loan sanctioned under the ECLGS (Emergency Credit09-05-2023
SPICEJET LTD. - 500285 - Clarification sought from Spicejet Ltd
The Exchange has sought clarification from Spicejet Ltd with reference to the media report appearing on https://www.livemint.com dated May 08, 2023 (Link:https://www.livemint.com/companies/spicejet-gets-nclts-notice-on-aircraft-lessors-insolvency-petition-11683542315522.html) titled "SpiceJet gets NCLT''s notice on aircraft lessor''s insolvency petition'.The reply is awaited.09-05-2023
NCLT sends notice to SpiceJet on lessor's insolvency plea, seeks reply
A two-member Principal bench of President Ramalingam Sudhakar and Member Avinash K Srivastava issued a notice to Spicejet to file their reply08-05-2023
SPICEJET LTD. - 500285 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the SEBI LODR Regulations and in terms of SEBI Circular SEBI/HO/MIRSD/MlRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022 (the ''SEBI Circular''), please find enclosed the Letter of confirmation dated May 8, 2023 issued by Registrar and share transfer agent of the Company - KFin Technologies Limited on behalf of the Company, to shareholder in lieu of share certificates reported as lost.08-05-2023
NCLT to hear insolvency proceedings plea filed against SpiceJet on May 8
SpiceJet too seems to be facing headwinds, with a lessor filing a plea seeking insolvency resolution proceedings against the no-frills airline and the petition is scheduled for hearing before the National Company Law Tribunal (NCLT) next week. It also comes at a time when competitor and cash-starved Go First has cancelled flights and has filed for voluntary insolvency resolution proceedings. Aircraft lessor Aircastle (Ireland) Ltd has filed the petition against SpiceJet for initiating insolvency resolution proceedings. The plea was filed on April 28 and it is to be heard by the NCLT Principal Bench on May 8, according to an update on the tribunal's website. A SpiceJet spokesperson said presently, there are no aircraft from this lessor in the airline's fleet and that the development will in no way affect its operations. "All aircraft from this lessor have already been returned by SpiceJet... "We are confident of resolving the matter without court proceedings and we are in discussio05-05-2023