AME QUESTION PAPER
  • Home
  • AME
    • DGCA QUESTION PAPER & NOTES
    • MOCK TEST
    • AME REFERENCE BOOKS
    • EASA QUESTION PAPER & NOTES
  • RTR
  • Jobs
  • News
    Kedarnath chopper crash: Infant among 7 killed in tragic accident

    Kedarnath chopper crash: Infant among 7 killed in tragic accident

    Air india (Boeing 787) Ahmedabad-London Flight With 242 Passengers Onboard Crashes, Video

    Air india (Boeing 787) Ahmedabad-London Flight With 242 Passengers Onboard Crashes, Video

    DGCA to conduct radio communication exam for PILOT & AME from November

    DGCA to conduct radio communication exam for PILOT & AME from November

    Air India eyes major new aircraft order from Airbus, Boeing; plan includes 200 new single-aisle jets

    India’s Aviation Sector Rises To Third Spot Globally, Creates 7.7 Million Jobs

    Air India eyes major new aircraft order from Airbus, Boeing; plan includes 200 new single-aisle jets

    India’s Aviation Boom: Air India, Investments & Growth

    Air India eyes major new aircraft order from Airbus, Boeing; plan includes 200 new single-aisle jets

    Air India eyes major new aircraft order from Airbus, Boeing; plan includes 200 new single-aisle jets

    Taxiing IndiGo plane hits Air India Express aircraft at Kolkata Airport, DGCA orders probe

    Taxiing IndiGo plane hits Air India Express aircraft at Kolkata Airport, DGCA orders probe

    Passengers eating on tarmac: ₹1.20 cr fine on IndiGo, ₹90L on Mumbai Airport

    Passengers eating on tarmac: ₹1.20 cr fine on IndiGo, ₹90L on Mumbai Airport

    Private jet crashed at Mumbai airport due to bad weather, 6 passengers and two crew members onboard, All Operations Shut

    Private jet crashed at Mumbai airport due to bad weather, 6 passengers and two crew members onboard, All Operations Shut

  • Blogs
  • Login
  • Register
No Result
View All Result
  • Home
  • AME
    • DGCA QUESTION PAPER & NOTES
    • MOCK TEST
    • AME REFERENCE BOOKS
    • EASA QUESTION PAPER & NOTES
  • RTR
  • Jobs
  • News
    Kedarnath chopper crash: Infant among 7 killed in tragic accident

    Kedarnath chopper crash: Infant among 7 killed in tragic accident

    Air india (Boeing 787) Ahmedabad-London Flight With 242 Passengers Onboard Crashes, Video

    Air india (Boeing 787) Ahmedabad-London Flight With 242 Passengers Onboard Crashes, Video

    DGCA to conduct radio communication exam for PILOT & AME from November

    DGCA to conduct radio communication exam for PILOT & AME from November

    Air India eyes major new aircraft order from Airbus, Boeing; plan includes 200 new single-aisle jets

    India’s Aviation Sector Rises To Third Spot Globally, Creates 7.7 Million Jobs

    Air India eyes major new aircraft order from Airbus, Boeing; plan includes 200 new single-aisle jets

    India’s Aviation Boom: Air India, Investments & Growth

    Air India eyes major new aircraft order from Airbus, Boeing; plan includes 200 new single-aisle jets

    Air India eyes major new aircraft order from Airbus, Boeing; plan includes 200 new single-aisle jets

    Taxiing IndiGo plane hits Air India Express aircraft at Kolkata Airport, DGCA orders probe

    Taxiing IndiGo plane hits Air India Express aircraft at Kolkata Airport, DGCA orders probe

    Passengers eating on tarmac: ₹1.20 cr fine on IndiGo, ₹90L on Mumbai Airport

    Passengers eating on tarmac: ₹1.20 cr fine on IndiGo, ₹90L on Mumbai Airport

    Private jet crashed at Mumbai airport due to bad weather, 6 passengers and two crew members onboard, All Operations Shut

    Private jet crashed at Mumbai airport due to bad weather, 6 passengers and two crew members onboard, All Operations Shut

  • Blogs
No Result
View All Result
AME QUESTION PAPER
  • Home
  • AME
  • RTR
  • Jobs
  • News
  • Blogs
Home NEWS

SpiceJet’s Ajay Singh in talks with Middle Eastern carrier, Indian co for partial stake sale

AME QUESTION PAPERby AME QUESTION PAPER
August 4, 2022
in NEWS
111
VIEWS

SpiceJet promoter Ajay Singh is exploring a partial stake sale in the cash-strapped carrier and is in talks with a Middle Eastern carrier and a big Indian conglomerate as the company needs recapitalisation urgently to keep flying, reports said on Tuesday.

“The company continues to be in discussions with various investors to secure sustainable financing and will make appropriate disclosures in accordance with applicable regulations,” a SpiceJet spokesperson said.

Singh holds around 60% stake in the budget carrier.

Airlines sources claim Singh is “in active discussion with a Middle Eastern carrier for a possible stake sale which has expressed interest to pick 24% stake and a board seat in SpiceJet. A big Indian business conglomerate has also approached Singh for a stake in the airline,” TOI reported. Comments have been sought from big Middle eastern carriers and the big Indian conglomerate, and are awaited, they said.

SpiceJet’s domestic network covers the length and breadth of the country with the airline operating to 51 domestic destinations. Pioneer of the regional connectivity scheme, SpiceJet is the country’s largest regional player helping connect the remotest parts of the country by air.

The airline’s focus on providing direct flight connectivity to regional hubs not only ensures better connectivity, it also has a cascading effect on tourism and economic activity in the region. SpiceJet has added multiple UDAN destinations to the country’s aviation map including Pakyong, Jharsuguda, Kandla, Darbhanga, Kanpur, Ajmer (Kishangarh), among others.

SpiceJet is yet to give Form 16 to its employees for financial year 2021-22. There is unrest in the airline over continued low salaries while other airlines have begun restoring the same. IndiGo will return to pre-Covid level of salaries for pilots from November 1, 2022, a TOI report said.

 

 

 

 

 

 

Related Posts

Kedarnath chopper crash: Infant among 7 killed in tragic accident
NEWS

Kedarnath chopper crash: Infant among 7 killed in tragic accident

June 15, 2025
Air india (Boeing 787) Ahmedabad-London Flight With 242 Passengers Onboard Crashes, Video
NEWS

Air india (Boeing 787) Ahmedabad-London Flight With 242 Passengers Onboard Crashes, Video

June 12, 2025
DGCA to conduct radio communication exam for PILOT & AME from November
NEWS

DGCA to conduct radio communication exam for PILOT & AME from November

June 11, 2025
Air India eyes major new aircraft order from Airbus, Boeing; plan includes 200 new single-aisle jets
NEWS

India’s Aviation Sector Rises To Third Spot Globally, Creates 7.7 Million Jobs

June 3, 2025
Load More

Website Total Visitor

930461

Connect with us Social Media

Instagram Whatsapp Facebook-f Linkedin Twitter

Copyright 2017-2025 © All rights Reserved.
Design by AME QUESTION PAPER ❤

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • AME
    • DGCA QUESTION PAPER & NOTES
    • MOCK TEST
    • AME REFERENCE BOOKS
    • EASA QUESTION PAPER & NOTES
  • RTR
  • Jobs
  • News
  • Blogs
  • Login
  • Sign Up

Copyright 2017-2024 © All rights Reserved. Design by AME QUESTION PAPER ❤

WhatsApp us