spicejet

Airline stocks regain investors' confidence as crude prices weaken

Stocks in airline sector are regaining investors' confidence as crude prices continue to decline. Aviation shares like SpiceJet, Jet Airways, and Interglobe Aviation increased 3% to 6% on Wednesday trading session .

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JPMorgan fund in talks on taking $200 million stake in India's SpiceJet

A fund managed by JPMorgan Chase (JPM.N) is in advanced talks to partner with Indian carrier SpiceJet Ltd's (SPJT.BO) co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed sources with knowledge of the discussions.

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SpiceJet board approves CEO resignation

SpiceJet has accepted Niel Mills' filing for resignation as CEO of the budget carrier.

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