SpiceJet - Subramanian Swamy smells a rat in SpiceJet buyout, writes to PM Modi.


Spicejet Holi Dance performance celebrations on.
Spicejet Holi Dance performance celebrations on.

Spicejet Holi Dance performance celebrations on.

Spicejet Holi Dance, Spicejet Holi Celebration, Spicejet performance in air, Holi dance in.

Video: Mid-air Holi celebrations on SpiceJet plane.
Video: Mid-air Holi celebrations on SpiceJet plane.

Video: Mid-air Holi celebrations on SpiceJet plane.

SpiceJet Cabin Crew celebrate Holi mid-air by dancing on-board flight SG-876 from Goa to.

With All Our Heart - SpiceJet - YouTube
With All Our Heart - SpiceJet - YouTube

With All Our Heart - SpiceJet - YouTube

Why we LOVE to fly SpiceJet.. Spicejet. spreading the cheer all around.. SpiceJet.

SPICEJET says disputes with aircraft lessors resolved.
SPICEJET says disputes with aircraft lessors resolved.

SPICEJET says disputes with aircraft lessors resolved.

Low-fare airline SpiceJet Ltd said it has settled all disputes with its aircraft lessors and is taking.

SpiceJet To Stop Mysore Flight Service By This Sep.
SpiceJet To Stop Mysore Flight Service By This Sep.

SpiceJet To Stop Mysore Flight Service By This Sep.

SpiceJet To Stop Mysore Flight Service by Sep - TV9., ��� Subscribe to Tv9 Kannada: https.

SPICEJETs Holi Flash Mob! Delhi Airport, March 5.
SPICEJETs Holi Flash Mob! Delhi Airport, March 5.

SPICEJETs Holi Flash Mob! Delhi Airport, March 5.

SpiceJet, the airline synonymous with Holi, Colour, Spirit, and Passion, celebrates Holi in its.

SPICEJET Holi Flashmob 2015 at Delhi Airport - YouTube
SPICEJET Holi Flashmob 2015 at Delhi Airport - YouTube

SPICEJET Holi Flashmob 2015 at Delhi Airport - YouTube

Official Video of the Flashmob at the Delhi Airport done by Soul to Sole and SpiceJet for the.

Spicejet Holi Dance By Pilot and Air Hostess - Full.
Spicejet Holi Dance By Pilot and Air Hostess - Full.

Spicejet Holi Dance By Pilot and Air Hostess - Full.

SpiceJet Ltd has been issued a notice by the aviation regulator asking why its licence should.

SPICEJET Q400 departs from Madurai for Hyderabad.
SPICEJET Q400 departs from Madurai for Hyderabad.

SPICEJET Q400 departs from Madurai for Hyderabad.

SpiceJets IXM-HYD flight makes another timely departure using the Bombardier Dash 8 Q400.

Diwali at SPICEJET - YouTube
Diwali at SPICEJET - YouTube

Diwali at SPICEJET - YouTube

Diwali at the Delhi Airport was all music and dance! Watch how SpiceJet lit up the flyers.

SPICEJET Holi Dance Celebration - On Balam.
SPICEJET Holi Dance Celebration - On Balam.

SPICEJET Holi Dance Celebration - On Balam.

Spicejet gave their passengers a good treat on the holi day by dancing and celebration on a.

Spicejet Pilot fired on holi celebration in mid-air HD.
Spicejet Pilot fired on holi celebration in mid-air HD.

Spicejet Pilot fired on holi celebration in mid-air HD.

Mid-air Holi celebrations cost SpiceJet heavily. The dance was professionally choreographed.

Holi at SPICEJET - YouTube
Holi at SPICEJET - YouTube

Holi at SPICEJET - YouTube

Fly home this season with the airline that brings festivals to life.

midair Holi dance by SPICEJET cabin crew - YouTube
midair Holi dance by SPICEJET cabin crew - YouTube

midair Holi dance by SPICEJET cabin crew - YouTube

I think in light of negativity airline travel is taking just now, with the missing MH370, this kind of.

SpiceJet 737-800 landing in Madurai, India (VT-SZA.
SpiceJet 737-800 landing in Madurai, India (VT-SZA.

SpiceJet 737-800 landing in Madurai, India (VT-SZA.

One of up to 5 daily 737 flights that SpiceJet operates into Madurai (IXM) arrives from Chennai.

SPICEJET flight hits buffalo during takeoff at Surat.
SPICEJET flight hits buffalo during takeoff at Surat.

SPICEJET flight hits buffalo during takeoff at Surat.

140 passengers of a Delhi-bound SpiceJet flight from Surat had a narrow escape on Thursday.

Spicejet Q400, VT-SUC
Spicejet Q400, VT-SUC

Spicejet Q400, VT-SUC

Spicejet Q400, VT-SUC

Courtesy: https://www.flickr.com/people/70663392@N00/

Could SpiceJet have been profitable in FY2013-14? | The Flying.
Could SpiceJet have been profitable in FY2013-14? | The Flying.

Could SpiceJet have been profitable in FY2013-14? | The Flying.

Could SpiceJet have been profitable in FY2013-14? | The Flying.

Could SpiceJet have been

spicejet Aviation Photos - Planespotters.net Just Aviation
spicejet Aviation Photos - Planespotters.net Just Aviation

spicejet Aviation Photos - Planespotters.net Just Aviation

spicejet Aviation Photos - Planespotters.net Just Aviation

VT-SGW SpiceJet Boeing

Emirates & Spicejet | Boeing 777-300/ER & Boeing 737-800 | A6-EGP & VT-SGJ | DXB
Emirates & Spicejet | Boeing 777-300/ER & Boeing 737-800 | A6-EGP & VT-SGJ | DXB

Emirates & Spicejet | Boeing 777-300/ER & Boeing 737-800 | A6-EGP & VT-SGJ | DXB

Emirates & Spicejet | Boeing 777-300/ER & Boeing 737-800 | A6-EGP & VT-SGJ | DXB

Courtesy: https://www.flickr.com/people/90739672@N07/

SPICEJET plans to raise Rs 1,500 crore; Marans exit Board | Latest.
SPICEJET plans to raise Rs 1,500 crore; Marans exit Board | Latest.

SPICEJET plans to raise Rs 1,500 crore; Marans exit Board | Latest.

SPICEJET plans to raise Rs 1,500 crore; Marans exit Board | Latest.

Low cost carrier SpiceJet,

SpiceJet Photos | Airplane-Pictures.net
SpiceJet Photos | Airplane-Pictures.net

SpiceJet Photos | Airplane-Pictures.net

SpiceJet Photos | Airplane-Pictures.net

VT-SGF - SpiceJet Boeing 737-

ANADOLUJET B737 EI-FGS
ANADOLUJET B737 EI-FGS

ANADOLUJET B737 EI-FGS

ANADOLUJET B737 EI-FGS

Courtesy: https://www.flickr.com/people/59703419@N04/

Spicejet Boeing 737-900ER in for maintenance in Hanger 6 at Dublin Airport.
Spicejet Boeing 737-900ER in for maintenance in Hanger 6 at Dublin Airport.

Spicejet Boeing 737-900ER in for maintenance in Hanger 6 at Dublin Airport.

Spicejet Boeing 737-900ER in for maintenance in Hanger 6 at Dublin Airport.

Courtesy: https://www.flickr.com/people/126511614@N04/

Spicejet to recruit 100 Pilots and 200 Cabin Crew from Monday
Spicejet to recruit 100 Pilots and 200 Cabin Crew from Monday

Spicejet to recruit 100 Pilots and 200 Cabin Crew from Monday

Spicejet to recruit 100 Pilots and 200 Cabin Crew from Monday

spicejet recruitment 2015

EX NORDWIND BOEING 757 VQ-BAL AND VQ-BBU WITH EX SPICEJET BOEING 737-900 VT-SGW/M-ABIJ BEHIND
EX NORDWIND BOEING 757 VQ-BAL AND VQ-BBU WITH EX SPICEJET BOEING 737-900 VT-SGW/M-ABIJ BEHIND

EX NORDWIND BOEING 757 VQ-BAL AND VQ-BBU WITH EX SPICEJET BOEING 737-900 VT-SGW/M-ABIJ BEHIND

EX NORDWIND BOEING 757 VQ-BAL AND VQ-BBU WITH EX SPICEJET BOEING 737-900 VT-SGW/M-ABIJ BEHIND

Courtesy: https://www.flickr.com/people/22317296@N04/

spicejet Photos
spicejet Photos

spicejet Photos

spicejet Photos

SpiceJet take off | Flickr

India Strategic ::.. Civil Aviation:SpiceJet announces special.
India Strategic ::.. Civil Aviation:SpiceJet announces special.

India Strategic ::.. Civil Aviation:SpiceJet announces special.

India Strategic ::.. Civil Aviation:SpiceJet announces special.

Civil Aviation:SpiceJet

Spicejet Launched Discounted Ticket Sales, That is Cheaper Than.
Spicejet Launched Discounted Ticket Sales, That is Cheaper Than.

Spicejet Launched Discounted Ticket Sales, That is Cheaper Than.

Spicejet Launched Discounted Ticket Sales, That is Cheaper Than.

spicejet-offers

Spicejets OK-jet
Spicejets OK-jet
Budget Indian carrier SPICEJET receives fund from new owner
Budget Indian carrier SPICEJET receives fund from new owner

Budget Indian carrier SPICEJET receives fund from new owner

Budget Indian carrier SPICEJET receives fund from new owner

Budget Indian carrier SpiceJet

Spicejet Boeing 737-800 Coriander
Spicejet Boeing 737-800 Coriander

Spicejet Boeing 737-800 Coriander

Spicejet Boeing 737-800 Coriander

Courtesy: https://www.flickr.com/people/101723554@N07/

SpiceJet explosion taking Rs 1010 flying fun
SpiceJet explosion taking Rs 1010 flying fun

SpiceJet explosion taking Rs 1010 flying fun

SpiceJet explosion taking Rs 1010 flying fun

Courtesy: https://www.flickr.com/people/129344242@N04/

VT-SZJ | Spicejet | B737-8
VT-SZJ | Spicejet | B737-8

VT-SZJ | Spicejet | B737-8

VT-SZJ | Spicejet | B737-8

Courtesy: https://www.flickr.com/people/123607488@N07/

spicejet Aviation Photos - Planespotters.net Just Aviation
spicejet Aviation Photos - Planespotters.net Just Aviation

spicejet Aviation Photos - Planespotters.net Just Aviation

spicejet Aviation Photos - Planespotters.net Just Aviation

VT-SGS SpiceJet Boeing

SPICEJET destinations - Wikipedia, the free encyclopedia
SPICEJET destinations - Wikipedia, the free encyclopedia

SPICEJET destinations - Wikipedia, the free encyclopedia

SPICEJET destinations - Wikipedia, the free encyclopedia

SpiceJet destinations

EX NORWEGIAN 737-300 LN-KHC,EX SPICEJET 737-800 VT-SGX/M-ABGX,EX NORDWIND 757 VQ-BHR
EX NORWEGIAN 737-300 LN-KHC,EX SPICEJET 737-800 VT-SGX/M-ABGX,EX NORDWIND 757 VQ-BHR

EX NORWEGIAN 737-300 LN-KHC,EX SPICEJET 737-800 VT-SGX/M-ABGX,EX NORDWIND 757 VQ-BHR

EX NORWEGIAN 737-300 LN-KHC,EX SPICEJET 737-800 VT-SGX/M-ABGX,EX NORDWIND 757 VQ-BHR

Courtesy: https://www.flickr.com/people/22317296@N04/

SpiceJet - Wikipedia, the free encyclopedia
SpiceJet - Wikipedia, the free encyclopedia

SpiceJet - Wikipedia, the free encyclopedia

SpiceJet - Wikipedia, the free encyclopedia

SpiceJet Boeing 737-900ER

Timeline on SPICEJET | Storyline
Timeline on SPICEJET | Storyline

Timeline on SPICEJET | Storyline

Timeline on SPICEJET | Storyline

Timeline on SpiceJet |

Spicejet was a mistake. On the other hand I cant beat the heat with beer this weekend. Aur haan one more important reason is Mere yaar ki shaadi hai.  ๐Ÿ˜Š #Excited #Hot #Summer #Wedding #Thursday #Pune #Ahmedabad
Spicejet was a mistake. On the other hand I cant beat the heat with beer this weekend. Aur haan one more important reason is Mere yaar ki shaadi hai. ๐Ÿ˜Š #Excited #Hot #Summer #Wedding #Thursday #Pune #Ahmedabad

Spicejet was a mistake. On the other hand I cant beat the heat with beer this weekend. Aur haan one more important reason is Mere yaar ki shaadi hai. ๐Ÿ˜Š #Excited #Hot #Summer #Wedding #Thursday #Pune #Ahmedabad

Spicejet was a mistake. On the other hand I cant beat the heat with beer this weekend. Aur haan one more important reason is Mere yaar ki shaadi hai.  ๐Ÿ˜Š #Excited #Hot #Summer #Wedding #Thursday #Pune #Ahmedabad

Courtesy: https://www.flickr.com/people/105060151@N02/

Boeing, 737-85F, HL7780, Jeju Air, VHHH, Hong Kong
Boeing, 737-85F, HL7780, Jeju Air, VHHH, Hong Kong

Boeing, 737-85F, HL7780, Jeju Air, VHHH, Hong Kong

Boeing, 737-85F, HL7780, Jeju Air, VHHH, Hong Kong

Courtesy: https://www.flickr.com/people/26982917@N02/

Spicejet
Spicejet
SpiceJet | Boeing 737-800 | VT-SGJ | Cumin | DXB
SpiceJet | Boeing 737-800 | VT-SGJ | Cumin | DXB

SpiceJet | Boeing 737-800 | VT-SGJ | Cumin | DXB

SpiceJet | Boeing 737-800 | VT-SGJ | Cumin | DXB

Courtesy: https://www.flickr.com/people/90739672@N07/

Another OK-JET from Spicejets fleet
Another OK-JET from Spicejets fleet

Another OK-JET from Spicejets fleet

Another OK-JET from Spicejets fleet

Courtesy: https://www.flickr.com/people/101723554@N07/

Spicejet
Spicejet
SPICEJET sells air tickets from Rs 599 - The Hindu
SPICEJET sells air tickets from Rs 599 - The Hindu

SPICEJET sells air tickets from Rs 599 - The Hindu

SPICEJET sells air tickets from Rs 599 - The Hindu

economy, business and finance

SpiceJet launches three day special sale to mark 10 years of.
SpiceJet launches three day special sale to mark 10 years of.

SpiceJet launches three day special sale to mark 10 years of.

SpiceJet launches three day special sale to mark 10 years of.

SpiceJet on Tuesday

SPICEJET UNVEILS NEW BOEING WITH SPECIAL ���CREW LIVERY��� | Article.
SPICEJET UNVEILS NEW BOEING WITH SPECIAL ���CREW LIVERY��� | Article.

SPICEJET UNVEILS NEW BOEING WITH SPECIAL ���CREW LIVERY��� | Article.

SPICEJET UNVEILS NEW BOEING WITH SPECIAL ���CREW LIVERY��� | Article.

SpiceJet Boeing 737-800WL

SpiceJet to retain its Bombardier fleet to cut costs - Financial.

Low-cost carrier SpiceJet has decided to retain its fleet of Bombardier Q400 and re-negotiated maintenance contract with the manufacturer to bring down operational costs. The airline would be adding.

SPICEJET Extends Rs. 999 All-Inclusive Offer

Under the scheme, SpiceJet is offering fares starting from Rs. 999 on its domestic network. SpiceJet had last Monday introduced fares starting as low as Rs. 999 for passengers flying only with hand baggage. Bookings for the offer are now open till May 3.

Exclusive: Singapore Airlines-Tata Indian Jv Orders Airbus A320s-Sources

Singapore Airlines has chosen Airbuss A320 to launch its new Indian joint venture with Tata Sons, scoring a victory over rival Boeing as the airline market Asias third biggest economy shows signs of a revival.

SpiceJet in talks with banks, PE firms to raise Rs 900 cr

The other weakness is we used a lot of operational cash to fund the capital expansion, which normally should [instead] be used for these economic shocks, Koteshwar said and added that in future SpiceJet should maintain a cushion of three to six.

No Bank Wants to Lend to Us: SpiceJet - NDTVProfit.com

The aviation ministry had said it may request Indian banks and financial institutions to extend loans of upto Rs 600 crore to the airline -- backed by the personal guarantee of SpiceJet chairman Mr Maran.

Power Outage at Delhi Airport Affects Flights

. Radar was disrupted, and some travelers reported delays.

Now, SPICEJET Offers Discount on Select Flights

Amid airlines in the Indian market trying to attract more customers than rivals, SpiceJet is offering a discount of 5 per cent on base fares for select flights on its domestic network. Bookings under SpiceJets this offer - valid for travel between May.

For His Next Act, Indian Tycoon Considers Buying Airline Stake

An Indian tycoon, Vijay Mallya, is pursuing another takeover deal, soon after buying a stake in a rival airline, as well as a Scottish liquor company.. An Indian tycoon, Vijay Mallya, is pursuing another takeover deal, soon after buying a stake in a rival airline, as well as a Scottish liquor company. Mr. Mallya, chairman of the UB Group, an airline and liquor conglomerate, is in talks to acquire a stake in SpiceJet, a publicly traded Indian airline backed by a [.]

Subramanian Swamy smells a rat in SpiceJet buyout, writes to PM Modi.

Singh appeared as a white knight to save the ailing SpiceJet which had to briefly ground operations in December last year for lack of cash to pay oil companies. Singh bought out the promoters and has also committed to invest Rs 1500 crore in tranches.

Air India, SpiceJet to operate additional flights to Kathmandu.

Air India, SpiceJet to operate additional flights to Kathmandu. Press Trust of India@ibnlive. New Delhi: National carrier Air India will resume its services to Nepal from Sunday and also decided to operate two additional flights��.

SPICEJET: Back from the brink

SpiceJet is back on its feet after a gruelling ordeal that saw the no-frills carrier cut its fleet size, cancel flights, default on dues, and face the ire of stranded passengers. To many it seemed as if the airline would never fly again, but it has.

Exclusive: Singapore Airlines-Tata Indian Jv Orders Airbus A320s-Sources

Singapore Airlines has chosen Airbuss A320 to launch its new Indian joint venture with Tata Sons, scoring a victory over rival Boeing as the airline market in Asias third biggest economy shows signs of a revival.

SPICEJET begins new flights to Dharamsala from Delhi

To cater to the tourist rush, private low-cost airline SpiceJet started additional flights between Delhi and Dharamsala on Friday. With the introduction of the new flights, which will be operated by SpiceJets Bombardier Q400 aircraft, the frequency of.

Ajay Singh may infuse less money into SpiceJet than planned

Singh, a co-founder of SpiceJet who had exited the airline in 2010, is back in control after buying out the entire 58.46% stake of Kalanithi Maran and Kal Airways Pvt. Ltd on 23 February. Singh promised to invest at least Rs.1,400 crore in the airline.

Indian Tycoon Considers Buying Airline Stake

Vijay Mallya is pursuing another takeover deal, soon after buying a stake in a rival airline, as well as a Scottish liquor company.

Small Is the Next Big Thing in Asia Aviation

After flying under the radar for many years, manufacturers of smaller jet and propeller-driven passenger aircraft are finding a bigger market in the Asia-Pacific with a slew of orders at the Singapore Airshow.

SpiceJet Gains on New Services For Flyers

SpiceJet shares in early trade gained over 4 per cent to Rs 18.70, after the budget carrier on Tuesday announced that it would offer four new ancillary services to flyers. The move comes on the back of aviation regulator DGCA or Directorate General of.

China Longyuan I.P.O. Attracts Billionaire Investor

An American billionaire investor, Wilbur L. Ross, plans to buy shares of China Longyuan Power Group, the largest wind power generator in Asia, which aims to raise up to $2.2 billion from its Hong Kong initial public offering, according to a preliminary prospectus.. An American billionaire investor, Wilbur L. Ross, plans to buy shares of China Longyuan Power Group, the largest wind power generator in Asia, which aims to raise up to $2.2 billion from its Hong Kong initial public offering, according to a preliminary prospectus.

SpiceJet Almost Regular With Payments: Aircraft Leasing Firm

As a financial crunch continues to trouble SpiceJet, aircraft leasing firm BOC Aviation said on Friday that the low-cost carrier is almost regular with its payments.

Indian Airline IndiGo Agrees Record 250 Airbus Jet Order

Indian budget airline IndiGo has agreed to buy 250 A320 planes from Airbus, a purchase that could be worth nearly $26 billion and rank as the largest single order of jets from the European planemaker.

No Overlaps in SpiceJet-Ajay Singh Deal: CCI - NDTV Profit

The Competition Commission of India (CCI) has said Ajay Singhs acquisition of a controlling stake in SpiceJet will have no horizontal overlaps or vertical relationship between the two parties.

Discount Carriers Where You Least Expect Them

Once common only in Europe, low-cost carriers are rapidly emerging in Asia, Latin America and the Middle East.

SpiceJet Seeks Government Help to Run Operations.

SpiceJet, Indias second biggest budget carrier, has sought the governments help in running flight operations. The aviation ministry would forward the request to the Prime Ministers Office and the Finance Ministry, sources��.

Jet Airways down over 13%, SPICEJET falls 5% as Brent crude rises

Shares of Jet Airways (India) Ltd, Indias second-largest airline by passengers, fell 13.5%, their sharpest fall since 8 February 2012, while those of low-fare airline SpiceJet Ltd fell 5.6%, sharpest since 27 April. Since 1 April, Jet Airways has.

Gunning for Ajay Singh? Subramanian Swamy terms SPICEJET sale major scandal

Singh, who co-founded the airline some years ago, had bought a 58.46 percent stake from Kalanithi Maran and Kal Airways for about Rs 1,500 crore as part of a revival plan for the loss-making airline. As of 25 Feb, Singh holds 60.31 percent stake in.

SPICEJET Deal With Ajay Singh Cleared by CCI: Report.

Fair trade watchdog Competition Commission today cleared Ajay Singhs proposal to acquire a majority stake in cash-strapped SpiceJet, moving closer to the much-needed recapitalisation of the budget carrier. With clearance��.

Promoter Ajay Singh Holds Over 60% Stake in SpiceJet.

New Delhi: SpiceJets new promoter Ajay Singh now holds an over 60 per cent stake in the carrier after buying the entire stake of the Marans. Mr Singh, who co-founded the airline some years ago, snapped up a 58.46 per��.

SPICEJET offers discount scheme starting Rs 1,899 - IBNLive

Budget passenger carrier SpiceJet on Saturday launched its special sales offer of one-way booking fares starting at Rs 1899 all inclusive.

Spicejet offers Rs 999 ticket: Airfare cheaper than Second AC train; airline.

Continuing with its airfare dog war for the Indian skies, now Spicejet offers Rs 999 ticket, which is yet another limited time offer from the company that has been customized strictly for passengers who travel light. The massive response to the offer.

SPICEJET to hire 100 pilots, 200 cabin crew

NEW DELHI: Low cost carrier (LCC) SpiceJet may have come a full circle from its troubled days when it was witnessing an exodus of pilots, cabin crew and other staff. The airline, which saw exit of 100 pilots when uncertainty had gripped the carrier.

TODAY IN BUSINESS

HIGHER YIELDS TO HIT HOMEOWNERS The fallout from the increasing yields on the 10-year Treasury note -- a benchmark that influences many long-term interest rates, including home mortgages -- is likely to be widespread, and felt most immediately by homeowners and people looking to purchase a house. [Page A1.] MORTGAGE PROBLEMS PERSIST Delinquencies and foreclosures among homeowners with weak credit moved higher in the first quarter, but an industry report suggested that the problems have not extended into the larger pool of borrowers with stronger credit. [C1.] A TOLL ON WALL STREET The meltdown in the subprime housing market may be taking a toll on Wall Street firms. Goldman Sachs reported that profits were flat from a year ago, due to a weak mortgage market. And Bear Stearns reported a 10 percent drop in net income, excluding a one-time charge, also largely a result of the tepid mortgage market. [C7.] HANDOUTS FOR THE SUCCESSFUL A golf resort on the windy coast of Oregon benefits from a variety of state and local subsidies, the kind of indirect favors that influence the flow of money from the public to private interests and often serve to reinforce benefits for those who are already successful. [C1.] TAXES ON PUBLIC HEDGE FUNDS Two senators introduced legislation that could significantly increase taxes on publicly traded private equity firms and hedge funds, a move that could dampen interest as the Blackstone Group, the giant private equity firm, continues marketing its initial public offering to potential investors. [C1.] BOOM FOR VENEZUELAN BANKS President Hugo Chรกvez repeatedly vows to do away with capitalism in Venezuela. But it turns out that Mr. Chรกvezs economic policies have been generating a boom for those most capitalist of institutions -- Venezuelas banks. [C1.] THOMAS THE TANK ENGINE RECALL The toy maker RC2 Corporation pulled a number of its Thomas & Friends trains and accessory parts off the shelves after learning the red and yellow paint used to decorate more than 1.5 million of the toys contained lead. [C3.] PRICE INCREASES ARE MODERATED A double-digit jump in gasoline prices pushed up inflation at the wholesale level in May, but tame increases for most other goods suggested that price increases were largely contained and businesses would not react by raising prices. [C2.] DEMOCRATS PUT OFF ENERGY BILL Senate Democrats, facing their first significant battle over a wide-ranging bill aimed at reducing oil consumption, found themselves blocked by a Republican threat of a filibuster, and postponed all significant votes until next week. [A23.] LENDERS TIES TO UNIVERSITIES Gifts and payoffs to universities and their officials by student lenders were far more pervasive than has been disclosed, and in some cases were demanded by university officials themselves in exchange for promoting lenders to students, according to a Senate report on the student loan industry. [A21.] CHINESE AUTOMAKER IN MEXICO A small Chinese automaker and its New Jersey partner are negotiating with Mexican officials to import Chinese-made pickup trucks and sport utility vehicles, the first step toward building an assembly plant in Tijuana that could export vehicles to the United States. [C9.] TALKS TO BUY INDIAN AIRLINE An Indian tycoon, Vijay Mallya, is in talks to acquire a stake in SpiceJet, a publicly traded Indian airline backed by a Dubai investment fund and a group of investment banks. Mr. Mallya, left, is chairman of the UB Group, an airline and liquor conglomerate, and he also owns Kingfisher Airlines. Acquisition of SpiceJet would likely speed up consolidation in the money-losing Indian airline business. [C9.] HOT STOCK MARKETS IN INDIA Indias stock markets are on a roll, surpassing even the rosiest forecasts, in part because of a young, wealthy, expanding middle class banking on Indias aggressive corporate growth. [C4.] ROBOT CARS LATEST MODEL The team of Stanford University engineers that won $2 million in a Pentagon-sponsored robot car contest in 2005 unveiled its next-generation vehicle, which will maneuver in traffic without a human driver. [C3.] S.E.C. CHARGES LAWYERS The Securities and Exchange Commission filed a civil suit against two lawyers, one a former enforcement lawyer for the commission, charging that they had played important roles in a penny stock fraud that cost investors at least $160,000 in 2005. [C5.] CONDENSED ADS Honda will be the sole sponsor of what Sony Pictures Television is calling the Minisode Network on MySpace, which will show vintage television series edited down to 4 to 6 minutes. To mirror the pared-down programming, Honda will run only eight seconds of commercials with each episode. Advertising: Stuart Elliott. [C5.] PENSION PROMISES COME DUE IN N.J. New Jerseys history of granting state workers generous retirement benefits, combined with years of skipping payments into the system, have undermined the states ability to meet its pension obligations. [A1.] HIRING FROM A BIGGER POOL The Center for Venture Education in Palo Alto, Calif., is trying to improve the record of technology investors in integrating African-Americans, Hispanics and particularly minority women into their ranks. V.C. Nation. [C4.] DRUG MAKERS PROBATION ENDS A two-year probation for Bristol-Myers Squibb ends today, freeing the company from federal supervision after a major accounting scandal and other misconduct. [C7.]

Boeing customer Spicejet struggles to survive | The Seattle.

Indian low-cost airline SpiceJet, a big Boeing customer with 50 unfilled orders for 737 jets, is in danger of collapse. After the cash-strapped carrier cut its fleet, canceled nearly 2000.

India Finds Corruption in Fast-Growing Aviation Industry

More than a dozen commercial pilots have lost their licenses and a top airline safety official has been suspended after a government investigation uncovered widespread fraud.

After Etihad Deal, Indias Airlines May Attract More Foreign Interest

. India’s cash-strapped airlines, including SpiceJet and Indigo, might attract investors.

SPICEJET to Add 7 Planes; Another Rs 500 Crore Infusion in.

Under the deal, the Maran family transferred its entire 58.46 per cent holding in the no-frills carrier to Singh, who co-founded SpiceJet along with the then majority stakeholder Bhupendra Kansagra in 2005. He, however��.

Boeing in Talks With India Airlines on 737 MAX Jet

Boeing Co is in talks with Indias Jet Airways about the sale of 737 MAX jets, a Boeing executive said on Thursday, while two other people familiar with the matter said the company had secured the $5 billion deal.

Exclusive: Singapore Airlines-TATA Indian Joint Venture Orders Airbus A320s-Sources

Singapore Airlines has picked Airbuss A320 aircraft over Boeings 737 for the launch of its Indian airline joint venture with Tata Sons, sources familiar with the decision said.

SPICEJET offers complimentary meal, priority baggage handling for premium.

New Delhi - Gurgaon-based no-frills carrier SpiceJet has added six more seats in SpiceMax and introduced additional features like complimentary meal, beverage and priority baggage handling at airports. Until now the first five rows of SpiceJets Boeing.

SPICEJET Launches Low-Fare Offer; One Lakh Seats on the.

Budget carrier SpiceJet on Tuesday put one lakh seats up for grabs on both its domestic and international routes as it rolled out another discount sale offer with tickets priced as low as Rs 1699 for travel within the country.

Wind Power I.P.O. Lures Big Names

The investor, Wilbur L. Ross, is one of four cornerstone investors in the initial public offer of China Longyuan Power Group, the largest wind power generator in Asia.

Seeing Oil Bubble, a Contrarian Bets on an Indian Airline

By investing $80 million in the flailing Indian airline SpiceJet, Wilbur L. Ross Jr. is betting that high oil prices have hit bubble territory, a bubble that should pop in the next 12 months.

Top SpiceJet official Sudhakar Kondisetty resigns

Sudhakar Kondisetty, SpiceJets senior vice president for information technology, has quit, the second top executive to step down in less than one month after the new owner Ajay Singh came on board. The airline may see the exit of some more ���highly.

Afghanistan Worried About Safety of Its Airspace After Ukraine Crash

As flying over conflict zones comes under scrutiny following the downing of Malaysian Airlines Flight MH17 in Ukraine, Afghanistan, one of the worlds most dangerous places, is worried airlines might once again opt to avoid its airspace.

Spicejet offers 2015 Nepal earthquake discount; cuts spl airfare to Re 1.

No frills carrier SpiceJet today cut down its base fare for its evening flights to Kathmandu to Re 1 for two days starting today, and announced that it will deploy two more special planes to aid evacuation of travellers stranded in earthquake.

SpiceJet launches three-day sale, air fares begin at Rs 1010

Low-cost carrier SpiceJet on Tuesday launched a three-day sale with all-inclusive tickets starting at Rs 1,010 to mark 10 years of its operations. The SpiceJet offer would be valid till midnight on May 21 and tickets can be booked for travel between.

SimpliLeader: Sanjiv Kapoor, COO at SPICEJET, on.

SpiceJet COO, Sanjiv Kapoor, talks challenges facing SpiceJet, the Q400 fleet, and the resurrection of the SpiceJet brand itself.

Ross Bets on Airline and Oil Prices

Wilbur Rosss latest deal, an $80 million investment in the flailing Indian airline SpiceJet, announced on Tuesday, is hardly earth-shaking, but the idea behind it is typically contrarian.. Wilbur Rosss latest deal, an $80 million investment in the flailing Indian airline SpiceJet, announced on Tuesday, is hardly earth-shaking, but the idea behind it is typically contrarian. Mr. Ross has decided that high oil prices have hit bubble territory, a bubble that should pop in the next 12 months. Were looking at everything that [.]

Indian Regulator Cites Safety Violations and Financial Ills of Airlines

Many of India’s airlines are rife with safety violations, including shortages of pilots and engines, according to an unreleased report by the industry’s top regulator.. Many of India’s airlines are rife with safety violations, including shortages of pilots and engines, according to an unreleased report by the industry’s top regulator; analysts say the countrys airline industry is nearing a crisis after rapid growth.

SPICEJET Says it Has Started Paying Back Its Creditors.

SpiceJet has cleared its major outstanding dues related to Income Tax (TDS) payments, the airline said in a release today.

Indian LCC SpiceJet cool on bailout - Air Transport World

Indian low-cost carrier SpiceJet, which was threatened with aircraft lease cancellations and potential bankruptcy in recent months, has rebuffed an offer from JP Morgan Chase for an equity-led bailout.

SimpliLeader: Sanjiv Kapoor, COO at SpiceJet, on Branding.

Sanjiv Kapoor, Chief Operating Officer at SpiceJet talks in detail about airline branding, importance of social media in aviation and fleet rationalization.

TODAY IN BUSINESS

ECONOMIC GLOOM Ben S. Bernanke, the Federal Reserve chairman, offered a bleak assessment of the economy, while President Bush urged Americans not to lose faith. A debate about a second package of stimulus measures that has percolated in Washington for weeks has taken on a new urgency in recent days. [C1.]




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