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SpiceJet Ltd reports Rs. 731.11 crore consolidated loss in Q1FY22

SpiceJet Ltd reports Rs. 731.11 crore consolidated loss in Q1FY22
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India: SpiceJet board to discuss various fundraising options


India: SpiceJet board to discuss various fundraising options
Visual from SpiceJet website
June 29, 2021
The board of directors of no-frills carrier SpiceJet Limited will meet on Wednesday to discuss various options of raising fresh capital, the airline said in a stock exchange notification.
“This is to inform you that that the Board of Directors of the Company in its meeting scheduled on Wednesday, the 30th day of June, 2021, will discuss and consider, interalia, options for raising fresh capital through issue of equity shares/debt instrument on preferential/qualified institutions placement basis….,” the airline said.
The fund raising comes amid the coronavirus pandemic that has had an adverse impact on airlines’ operations. ....

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VistaJet International Ltd: VistaJet commits to carbon neutrality by 2025 - 25 years ahead of current industry goals


VistaJet International Ltd: VistaJet commits to carbon neutrality by 2025 - 25 years ahead of current industry goals
7
, 2021: VistaJet commits to carbon neutrality by 2025 and spearheads the call for change - working with, and pushing, the industry to go further than the current goal of a 50% reduction of emissions by 2050 set by civil aviation industry bodies, IATA and the global business aviation community.
Aviation plays a crucial role in driving the global economy as well as connecting people and countries around the world. While it is impossible to imagine a world without air mobility, and as travel continues to be a necessity for many companies - particularly to redevelop their businesses post-pandemic - we must make every effort to simultaneously protect our environment. ....

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