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Facing dire financial struggles, SpiceJet aims for a fleet revival to 100 aircraft by 2026, battling legal and operational challenges.

Facing dire financial struggles, SpiceJet aims for a fleet revival to 100 aircraft by 2026, battling legal and operational challenges.

SpiceJet, the domestic airline based in Gurugram, aims to expand its fleet to 100 aircraft by 2026, following a successful fundraising of Rs 3,000 crore through a qualified institutional placement. Chairman Ajay Singh noted that past challenges, including the grounding of Boeing 737 Max planes and the Covid-19 pandemic, have impacted the airline’s performance. Although ...

Market News

Ford Fumbles Back to India: Can Tamil Nadu’s Chief Minister Drive His Way to Revival or Just Another Detour?

Ford Motor Company is in talks with the Tamil Nadu government to explore the possibility of producing vehicles for export, signaling its potential return to the Indian Market after a three-year absence. Chief Minister MK Stalin confirmed discussions aimed at renewing Ford’s long-standing partnership with the state, known for its automotive industry. The company is ...

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