Spicejet To Raise Funds

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  SpiceJet Plans To Raise $250 Million In Next Couple Of Months: Airline Chief Ajay Singh

  SpiceJet Chief Ajay Singh today said the airline will be raising around USD 250 million in the next couple of months as the budget carrier works on boosting its operations.

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  SpiceJet Board To Consider Fund Raising Options On February 24

  SpiceJet today said its board will meet on Friday to consider options to raise funds as well as to convert certain outstanding liabilities into equity shares of the company.

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  SpiceJet Says Open To External Investors As It Seeks To Raise Funds

  Financially troubled Indian carrier SpiceJet Ltd. is open to investment from external parties, including other airlines, as it seeks to raise 20 billion rupees ($250 million), Chairman Ajay Singh told reporters in New Delhi on Tuesday.

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  SpiceJet Plans To Raise Funds Worth $251 Million: Report

  The low-cost carrier SpiceJet Ltd is looking to raise funds worth 20 billion rupees ($250.53 million), television channel ET Now tweeted on Tuesday.

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  SpiceJet to Raise Funds Worth up to Rs 5,000 Crore

  SpiceJet on Tuesday said its shareholders have approved a proposal to raise funds worth up to Rs 5,000 crore.

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  Air Travel to Cost More as Government Moots 2 Per Cent Levy on Tickets

  Air travel is set to become a little more expensive with the government proposing 2 per cent levy on all domestic and international tickets to raise funds for boosting regional air connectivity.

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  SpiceJet to Raise More Funds, Increase Fleet Size

  In March, courts had ordered civil aviation regulator to de-register 11 of SpiceJet's Boeing planes following disputes with three lessors.

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  SpiceJet Receives Fund From New Owner

  In late January, SpiceJet board had approved transfer of entire 58.46 per cent stake of Marans to Singh, while the company would raise Rs 1,500 crore through issuance of fresh securities under a revival plan.

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  SpiceJet to issue warrants to promoters for fund raising

  The board of directors at a meeting on January 9, decided to issue up to 6,41,69,000 warrants of the face value of Rs 10 each on preferential basis to promoters with the option to apply for and be allotted an equivalent number of equity shares, SpiceJet said in a BSE filing today.

• Jet, Kingfisher, SpiceJet fly into audit red-flags over 'going concern' claims

  As airlines continue to find it tough to generate profits and raise funds, auditors of all three listed carriers -- Jet Airways, Spicejet and Kingfisher have raised red-flags on their 'going concern' status.

• Spicejet to raise funds

  The board of Spicejet has decided to raise funds not exceeding US$ 75 million through any combination of instruments either locally or abroad, subject to approval of shareholders.

• Spicejet to raise funds

  The board of Spicejet has decided to raise funds not exceeding US$ 75 million through any combination of instruments either locally or abroad, subject to approval of shareholders.

• Nexxoft Infotel to raise funds

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

• Transwarranty Finance to raise funds

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

• Edserv Softsystems to raise funds

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.