Rising geopolitical tensions in the Middle East also weighed on aviation stocks, as global risk sentiment soured after Israel carried out airstrikes on Iran’s capital, reportedly targeting nuclear and missile facilities.Indian aviation stocks came under pressure on June 13 after an Air India Dreamliner en route to London crashed shortly after takeoff from Ahmedabad, killing 241 people. The Boein...

The shares of SpiceJet jumped 6 percent on March 17 after the company announced that its CEO and promoter Ajay Singh would infuse Rs 294.09 crore into the company via the promoter group company, Spice Healthcare. The shares of the airline were trading 6 percent higher at Rs 48 apiece as seen at 10 am.In a press release, SpiceJet announced that the fresh infusion will take place through the convers...

Shares of SpiceJet rose 3 percent on November 28 after Ireland-based aircraft lessor Aircastle withdrew its insolvency case against the low-cost carrier before the National Company Law Tribunal (NCLT). "This follows a mutually agreed-upon settlement, marking a positive turn in the airline's efforts to rebuild and strengthen ties with its partners," SpiceJet said in an exchange filing.Last month, S...

Shares of troubled low-budget carrier SpiceJet gained as much as 3 percent on October 15 after the company informed that it has reached a settlement with two more lessors for an aggregated sum of $5 million.SpiceJet settled a $23.39 million dispute with Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin) for a total payment of $5 million, along with an agreeme...

SpiceJet share price gained 7 percent on 9 October, extending the previous session’s rally, after the carrier said that it has amicably settled its dispute with lessors under Babcock & Brown Aircraft Management (BBAM) for $22.5 million. The settlement amount is a notable reduction from the original claim of $131.85 million, said SpiceJet in a stock exchange filing.At about 10 am, SpiceJet stock ...