A bench of Justices P.S. Narasimha and Alok Aradhe rebuked the airline over the “tons and tons of litigation” in the matter and observed that the dispute, which began in arbitration, was “never seeing ...
The Supreme Court dismissed SpiceJet and Ajay Singh’s plea against a Delhi High Court order directing deposit of ₹144.51 crore in the Maran arbitration dispute, imposing ₹1 lakh costs.
SpiceJet Chairman Ajay Singh said that Airlines are not in a position to absorb all the costs. He also pointed out that a part of the additional cost will be passed on to airline passengers.
SpiceJet chairman Ajay Singh warns that crude oil prices at $90 per barrel are unsustainable for airlines, signaling ...
The refusal to grant relief means SpiceJet must comply with the high court’s direction to deposit ₹144.51 crore within the stipulated timeline, unless it secures further legal relief.
The case dates back to January 2015. The Supreme Court today dismissed a petition filed by SpiceJet Limited and its chairman Ajay Singh challenging a Delhi High Court order directing the airline to ...
SpiceJet’s chairman and managing director, Ajay Singh, is affectionately known by staff as the company’s saviour, after buying back the airline when it was close to a shut-down in 2014. “We wouldn’t ...
Oil Price Impact: SpiceJet Chairman Ajay Singh has stated that crude oil prices will be unsustainable for the airlines. This ...
BENGALURU, Feb 16 (Reuters) - Indian budget carrier SpiceJet SPJT.BO Managing Director Ajay Singh, in his personal capacity, and Busy Bee Airways have jointly submitted a bid for bankrupt Go First ...
Singh added that domestic fares are unlikely to remain stable, as airlines may be forced to introduce fuel surcharges due to rising fuel costs.
SpiceJet, the low-cost airline is the only listed entity to bet on the regional connectivity scheme (RCS). Ajay Singh, CMD, SpiceJet said as of now there is no reason to believe why the regional ...
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