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India :

  • On January 29, 2024, the National Company Law Tribunal (NCLT) rejected the insolvency petition brought against the SpiceJet by aircraft lessor Wilmington Trust SP Services.

About SpiceJet:

  • SpiceJet, hailed as India’s preferred airline, has revolutionized air travel by making it more affordable and accessible to a greater number of Indians than ever before.
  • As an IATA-IOSA certified airline, SpiceJet operates a diverse fleet comprising Boeing 737s, Q-400s, and freighters, solidifying its position as the country’s largest regional player.
  • Under UDAN (Ude Desh ka Aam Nagrik) or the Regional Connectivity Scheme, SpiceJet operates multiple daily flights, enhancing connectivity across regions. Notably, the majority of SpiceJet’s fleet features SpiceMax, offering passengers the most spacious economy class seating available in India.

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