Tag Archives: Ajay Singh

SpiceJet to lease 16 additional 737-800’s

Spicejet Boeing 737-800 VT-SPL "Cardamom"

SpiceJet has announced that it will dry lease 16 additional Boeing 737-800s. The airline has applied to the Directorate General of Civil Aviation for a No Objection Certificate to import the aircraft. The airline has not identified the source of the lease. SpiceJet currently has 13 737 MAX 8s grounded and has indicated that the recent troubles of Jet Airways …

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The CEO churn in Indian aviation and why it continues

The nightly aircraft line-up tail parade at the apron of Kempegowda International Airport Bangalore

Even during a lull, the Indian civil aviation market never ceases to keep one on their toes. The recent weeks have seen three Chief Executives of Indian carriers in the news. First, Aditya Ghosh of IndiGo put in his papers after steering the ship for over ten years, apparently under pressure from the promoters. Amar Abrol of AirAsia India is …

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It is official. Marans to transfer SpiceJet ownership to Ajay Singh

SpiceJet Boeing 737-800 VT-SPJ. Photo copyright Devesh Agarwal.

The announcement at the Bombay stock exchange by SpiceJet Ltd. says it all. Spicejet Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 15, 2015, inter-alia, has taken on record the proposal of the principal shareholder and Promoter, Mr. Kalanithi Maran and KAL Airways Private Limited to transfer the ownership, management …

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