Archive for 2005/12


SpiceJet Raises US$80 million via FCCB Issue

New Delhi, December 05, 2005: SpiceJet Limited today announced that it has raised US $80mn through issue of Foreign Currency Convertible Bonds (FCCBs) in the international market. The subscribers to the bond issue include Goldman Sach, one of the largest investment bankers in the world and Istithmar, the private equity arm held by Government of [...]

SpiceJet First to React to ATF Price Cut

New Delhi, December 1, 2005:Reacting to the recent ATF price cut, SpiceJet was the first airline to announce passing the benefit to customers by cutting fuel surcharge by fifty percent. Fuel surcharge has comedown by Rs. 200 and Rs. 100 on long and short haul sectors respectively. Siddhanta Sharma, CEO Spicejet said ‘this is line [...]

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