financetom
Business
financetom
/
Business
/
India's SpiceJet adds 8 more Boeing 737s ahead of festive rush
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India's SpiceJet adds 8 more Boeing 737s ahead of festive rush
Sep 15, 2025 10:38 PM

Sept 16 (Reuters) - Troubled Indian budget carrier

SpiceJet said on Tuesday it will lease eight

additional Boeing 737 aircraft to bolster its fleet ahead

of the festive and winter season.

The latest deal takes the airline's total fleet additions to

18 aircraft, including two earlier agreements to lease 10 Boeing ( BA )

jets scheduled for delivery starting in October.

SpiceJet has signed multiple settlements in recent years to

resolve disputes with lessors and other creditors, but has

continued to struggle with capacity expansion.

Last week, the carrier repaid $24 million to Credit Suisse

and secured an $89.5 million settlement from Carlyle's

commercial aviation investment and servicing unit.

The airline posted its second consecutive quarterly loss in

June, hurt by weak leisure travel demand on certain routes

during the worst India-Pakistan fighting in decades.

It also flagged that a delay in returning its grounded

aircraft to service added to its woes.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Zillow Group Insider Sold Shares Worth $8,591,391, According to a Recent SEC Filing
Zillow Group Insider Sold Shares Worth $8,591,391, According to a Recent SEC Filing
Aug 11, 2025
05:03 PM EDT, 08/11/2025 (MT Newswires) -- Dan Spaulding, Chief People Officer, on August 07, 2025, sold 100,000 shares in Zillow Group ( ZG ) (Z, ZG) for $8,591,391. Following the Form 4 filing with the SEC, Spaulding has control over a total of 68,889 Class C capital shares of the company, with 68,889 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1617640/000161764025000102/xslF345X05/wk-form4_1754945884.xml...
Salesforce Insider Sold Shares Worth $540,760, According to a Recent SEC Filing
Salesforce Insider Sold Shares Worth $540,760, According to a Recent SEC Filing
Aug 11, 2025
05:03 PM EDT, 08/11/2025 (MT Newswires) -- Marc Benioff, Director, Chair and CEO, on August 08, 2025, sold 2,250 shares in Salesforce ( CRM ) for $540,760. Following the Form 4 filing with the SEC, Benioff has control over a total of 22,018,571 common shares of the company, with 11,911,571 shares held directly and 10,107,000 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1108524/000112760225020320/xslF345X05/form4.xml...
Forward Air Q2 Net Loss Narrows, Revenue Decreases
Forward Air Q2 Net Loss Narrows, Revenue Decreases
Aug 11, 2025
05:04 PM EDT, 08/11/2025 (MT Newswires) -- Forward Air (FWRD) reported a Q2 net loss late Monday of $0.41 per diluted share, narrower than a loss of $23.47 a year earlier. Analysts polled by FactSet expected a loss of $0.34. Revenue for the quarter ended June 30 was $618.8 million, down from $643.7 million a year earlier. Analysts surveyed by...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved