Spicejet Passengers Stranded At Dubai Airport After Flight Cancellations

SpiceJet passengers were stranded at Dubai airport when flights to India were cancelled due to the airlines unpaid dues. The airline has experienced financial difficulties, impacting salaries and provident fund contributions. While SpiceJet reported some quarterly profit, it continues to face significant losses and is seeking additional funding to stabilize operations.

SpiceJet under fire for stranding passengers at Dubai Airport

Hundreds of SpiceJet passengers were stranded at the Dubai airport on Wednesday after some flights were cancelled due to to non-payment of dues by the airline to the Dubai airport authorities, according to a source.

SpiceJet passengers stranded at Dubai airport due to flight cancellations

Reportedly, around 10 SpiceJet flights, which were to be operated to various Indian cities from Dubai, were cancelled due to non-payment of dues.

SpiceJet Passengers Stranded In Dubai After Flights Cancelled Over ‘Unpaid Dues’ - News18

Sensex reached a new peak, closing 126 points higher, and Nifty crossed the 25,000 mark for the first time. Titan, Hindustan Zinc, ITC, Tata Motors, Zomato, Adani Enterprises, and SpiceJet shared their quarterly results. ITC reported a small rise, while Tata Motors and Adani Enterprises showed significant profit growth. SpiceJet canceled flights due to operational reasons.

Stocks in news: Titan, Hindustan Zinc, ITC, SpiceJet, Zomato

The extended weekends in August, including Independence Day, resulted in a booming demand for hotels and flights, causing prices to soar and popular destinations to quickly sell out. SpiceJet promoted travel during holidays such as Parsi New Year, Rakshabandhan, and Janmashtami. Notable destinations like Udaipur, Lonavala, and Goa saw heightened interest. Premium properties such as The Taj Rishikesh Resort & Spa and The Oberoi Udaivilas in Udaipur had high rates. Espire Hospitality Group’s resorts also experienced high occupancy. Cleartrip documented over 15,000 air bookings for the long weekend, marking a 37% increase.

For Independence Day break, travellers make tryst with luxury

The Delhi High Court demanded SpiceJet’s CFO appear on August 8 if the airline doesn’t pay Rs 20 crore to engine lessors. SpiceJet is raising funds and hopes to pay by the next hearing. The lessors, Team France 01 SAS and Sunbird France 02 SAS, sought action due to unpaid dues, initially moving the court in December.

Delhi HC asks SpiceJet’s CFO to appear before it if airline fails to make balance payment to its engine lessors

SpiceJet in Mumbai has delayed June salary payments and previously defaulted on provident fund contributions. Despite the situation, SpiceJet states that 95% of staff have been paid in phases and aims to settle outstanding provident fund dues. The airline continues to prioritize clearing these financial obligations for its 8,000 employees.

SpiceJet delays June salaries, says disbursing in ‘phased way’

Leh airport faced disruptions in flight operations because of high temperatures, leading to thin air conditions. Airlines like IndiGo and SpiceJet canceled multiple flights, mostly to Delhi. This was an unusual scenario. Meanwhile, Indian airlines recorded 427 technical faults by mid-July 2024, a rise from the previous years’ data.

Going to Leh? Here’s why you should worry about your flight

SpiceJet and Singh had specifically sought to annul the portion of the arbitral award which instructed them to refund Rs 270 crore to Kal Airways and Maran

Relief to SpiceJet, SC sends back its dispute with Kalanithi Maran to HC

In a significant relief to SpiceJet, the Supreme Court upheld a Delhi High Court division bench’s decision to remand a 2018 arbitration case involving a share transfer dispute back to its single judge. The Court criticized the single judge for not applying his mind in the case between SpiceJet and its former promoter Kalanithi Maran. Previously, the single judge supported an arbitral award requiring SpiceJet and Chairman Ajay Singh to refund Rs 579 crore with interest to Maran. However, the division bench later remanded the dispute for fresh consideration. SpiceJet welcomed the Supreme Court’s decision, viewing it as a vindication.

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