Zimbabwe govt mourns 15 SA crash victims
The Government yesterday extended its condolences to families of the 15 Zimbabweans who died in a road accident when a Simlex Transport and Logistics (Pvt) Limi...
Source: bulawayo24.com
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SpiceJet posts net profit of Rs 205 crore in Q1; stock jumps 6%
SpiceJet share price: Ajay Singh, Chairman and Managing Director, SpiceJet, said, "Despite facing multiple challenges, we have posted a profit in Q1 FY24. I firmly believe in the potential of our airline, and I am pleased to have contributed to its growth by infusing Rs 500 crore into the company."
Source: businesstoday.in
UK-based SRAM & MRAM Group to invest $100 million in SpiceXpress; signs MoU
Recently, airline SpiceJet completed the hive off of its cargo and logistics division, SpiceXpress, into a separate entity, paving way for the company to raise funds independently. The separation has been effective from April 1.
Source: businesstoday.in
SpiceJet to revive 25 grounded aircraft
On Wednesday, it said funds for the revival will be drawn from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and better cash accruals. The airline has already mobilised around Rs 400 crore towards getting its grounded fleet back in the air, which will further enhance its top line.
Source: aninews.in
SpiceJet to revive 25 grounded aircraft
Gurugram, May 3: Budget carrier SpiceJet has mobilised plan to revive its 25 grounded aircraft.
Source: newkerala.com