The airline in an investor presentation highlighted the global grounding of Boeing 737 Max aircraft, the impact of the Covid-19 pandemic, and soaring fuel prices as some of the major reasons behind the financial setbacks the airline is facing. During the COVID-19 pandemic, the global aviation industry was impacted heavily due to the grounding of their fleet which led to a crisis in the aviation industry. Post the pandemic era, the aviation industry started to fly again and Spicejet in the initial phase post the pandemic showed a few signs of recovery but eventually, the crisis kept on brewing and finally exploded in the last couple of months. The airline also pointed to a sharp rise in fuel prices, with Brent crude oil peaking at $120 per barrel and aviation turbine fuel prices hitting a record high in June 2022. One of the major reasons for the crisis is the grounding of its fleet.
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Fire at furniture factory claims 2 lives in Kirti Nagar
A fire broke out in a furniture factory and godown in Delhi's Kirti Nagar area on Sunday, claiming the lives of two people, police said.
CM Atishi to redeploy civil defense volunteers for anti-pollution efforts
Civil defence volunteers who were terminated as bus marshals in October 2023 will be redeployed in the next two to four days to assist agencies on anti-pollution drives, Delhi Chief Minister Atishi said on Sunday.
Efforts to douse fire at Alipur area continues for 2nd day
Earlier, Chief Fire Officer Virender Singh said that 35 fire tenders and around 200 fire personnel including officers are involved in the fire-fighting operations. He added that the fire was erupted in three buildings of the godown and as of now, all three buildings have collapsed.
Kejriwal to resume 'padyatra' from Rajouri Garden
The AAP on Sunday said party national convener Arvind Kejriwal will resume his 'padyatra' (foot march) from west Delhi's Rajouri Garden later in the day.
Air pollution: Over 54K vehicles fined, 56 construction sites shut
To control road dust, mechanical road-sweeping machines, water sprinklers, and anti-smog guns have been deployed across the region.
HIT & RUN: CAR DRAGS 2 TRAFFIC POLICEMEN
In a hit-and-run case, two Delhi traffic police -personnel were allegedly hit and dragged for about 20 metres by a car while on duty in southwest Delhi, a police officer said.
Punjab And Haryana High Court Reinstates Civil Judge Expelled From Service For Allegedly Abusing Court Staff
The Punjab And Haryana High Court in the case Sangeet Pal Singh v. State of Punjab and another observed and has reinstated an Additional Civil Judge of Punjab, who was expelled from service in the year 2015 for allegedly abusing Ahlmad posted in his Court.
KERALA HIGH COURT: WOMEN'S PARTNER, HIS RELATIVES CANNOT BE PROSECUTED FOR CRUELTY IN ABSENCE OF LEGAL MARRIAGE
The Kerala High Court in the case X v State of Kerala and Anr observed and has quashed a criminal case which is being registered against a man under Section 498A of the Indian Penal Code, IPC by the complainant.
Karnataka High Court Refused To Let BESCOM Officer 'Off Hook' For Deaths After Transformer Burst, Says Compensation Does Not Mask Dereliction Of Duty
The Karnataka High Court in the case Mahantesh S Nagur AND State of Karnataka&ANR observed and has refused to quash the criminal proceedings which are initiated against a Junior Engineer in BESCOM, after a father and her daughter died by electrocution due to a transformer burst on a road.
Bombay High Court: Matrimonial Dispute Is Not Moral Turpitude; Cannot Be Used To Block Spouses' Right To Education | Section 498-A IPC
The Bombay High Court in the case Doctor vs State of Maharashtra observed and has held that a matrimonial dispute or case is a 'personal dispute', which cannot be termed to be an offence which is to 'moral turpitude', to impact either of the spouses' right to pursue further education in their lives.
