![spicejet moneycontrol spicejet moneycontrol](https://pbs.twimg.com/media/Fa3PWD6UYAE0sjj.jpg)
“We are doing it by way of the government-supported scheme ECLGS, getting new aircraft from Boeing and therefore through the SLB process, exploring options for fundraise… we are exploring all options,” the SpiceJet Chairman said. Singh also said it is doing the utmost to work through the stress that it has faced and the strategy is to raise resources. The shareholders of SpiceJet, which is a listed company, have approved fundraising of Rs 1,500 to Rs 2,000 crore, and some of the amounts have already been raised, he said.
![spicejet moneycontrol spicejet moneycontrol](https://pbs.twimg.com/media/BiV7S_wCYAAceDp.jpg)
SpiceJet Chairman and Managing Director Ajay Singh said the airline is looking to raise funds to the tune of Rs 2,000 cr. The flight was cruising at 36,000 feet in the Pakistan airspace when the glitch was observed.SpiceJet Share Price Today: Shares of low-cost carrier SpiceJet Ltd rose up to 3 per cent on Wednesday morning trade after the airline said it was looking to raise funds and ahead of the board meeting to consider Q4FY22 earnings.
![spicejet moneycontrol spicejet moneycontrol](https://theloadstar.com/wp-content/uploads/dreamstime_m_94731480-680x0-c-default.jpg)
Pilots of the Dubai-bound flight noticed unusual fuel reduction in one of the plane’s fuel tanks, following which they decided to divert the plane to the closest airport, officials said. In the first, a Boeing 737 Max aircraft on its way to Dubai from Delhi with 150 people on board landed in Karachi, Pakistan after it developed a technical glitch.
![spicejet moneycontrol spicejet moneycontrol](https://images.moneycontrol.com/static-mcnews/2020/11/spiceJetMax.jpg)
Troubles mounted for the airline as on 5 July, it reported three more incidents. #WATCH | A SpiceJet aircraft operating from Delhi to Jabalpur returned safely to the Delhi airport today morning after the crew noticed smoke in the cabin while passing 5000ft passengers safely disembarked: SpiceJet Spokesperson /R1LwAVO4MkĭGCA officials, as per a News9 report, had noted in a preliminary investigation that there was oil leakage in one of the engines of the Q400 aircraft and that was likely the reason for the smoke in the plane. It was later reported that the engine malfunction took place because of a bird hit. On 19 June, the low-cost carrier reported its first of many technical malfunctions an engine on the carrier’s Delhi-bound aircraft with 185 passengers caught fire soon after its take off from Patna airport and the plane had to make an emergency landing within minutes. The action comes after the airline saw at least eight incidents of technical malfunction between 19 June and 5 July. The order means the budget carrier will be able to operate not more than 2,096 weekly flights for the next eight weeks. On 11 March, the DGCA approved 4,192 weekly domestic flights of SpiceJet for this year’s summer schedule, which ends on 29 October. In view of findings of various spot checks, inspections & reply to show cause notice submitted by SpiceJet number of departures of SpiceJet is restricted to 50% of the number of departures approved under Summer Schedule 2022 for 8 weeks from the date of issue of this order: DGCA /nkeN4dVCBz The aviation watchdog also added: “Any increase in the number of departures beyond 50 per cent” would be subject to the airline “demonstrating to the satisfaction of DGCA that it has sufficient technical support and financial resource to safely and efficiently undertake such enhanced capacity”, said the order. for a period of eight weeks,” said the DGCA in an order. “In view of findings of various spot checks, inspections and the reply to the show cause notice submitted by SpiceJet, for continued sustenance of safe and reliable air transport service, the number of departures of SpiceJet are restricted to 50 per cent of the number of departures approved. The DGCA said during this period, the budget carrier will be subjected to “enhanced surveillance”. After a string of malfunctions, budget airline SpiceJet has been put on notice by the aviation regulator of the country, the Director General of Civil Aviation (DGCA).Īuthorities announced that the airline will curtail their flight operations to 50 per cent for the next eight weeks.