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SpiceJet says deal entered with aircraft lessor for dues

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SpiceJet

New Delhi: SpiceJet on Monday said it has signed a deal with one of its aircraft lessors over the payment of dues, after the Supreme Court last week ordered six such planes to be de-registered by the civil aviation regulator.

“Under the said settlement agreement, the lessor has agreed to withdrawal of court proceedings and de-registration process of aircraft subject to SpiceJet satisfying the terms of settlement,” the budget carrier said in a statement.

The settlement agreement is with Wilmington Trust SP Services of Dublin with regard to aircraft operated by SpiceJet.

Justice Rajiv Shakdher of Delhi High Court had last week ordered the de-registration of six aircraft leased out to SpiceJet and had also directed the Directorate General of Civil Aviation to decide in two weeks’ time a plea by two Irish firms to export the planes.

The court’s directives came on the pleas of leading global aircraft lessors AWAS Ireland and Wilmington Trust SP Services of Dublin. The firms sought directions to de-register the aircraft leased by them to SpiceJet, on grounds of alleged non-payment of dues.

The latest developments have come even as co-founder Ajay Singh, now back at the airline’s helm, purportedly intervened and paid $10 million of the dues earlier this month. The airline had said the remaining amount was expected to be settled soon with the lessors.

In Singh’s second innings with the airline, he and his associates bought back the 53.5-percent stake in the airline that was sold to the Marans of Chennai, who own the Sun Group.

Soon after the news, SpiceJet stock rose sharply to Rs.23 and was quoting at Rs.21.30 an hour before the closing bell on Bombay Stock Exchange, with a gain of Rs.0.70 or 3.26 percent.

Entertainment

Casino Days Reveal Internal Data on Most Popular Smartphones

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CasinoDays India

International online casino Casino Days has published a report sharing their internal data on what types and brands of devices are used to play on the platform by users from the South Asian region.

Such aggregate data analyses allow the operator to optimise their website for the brands and models of devices people are actually using.

The insights gained through the research also help Casino Days tailor their services based on the better understanding of their clients and their needs.

Desktops and Tablets Lose the Battle vs Mobile

The primary data samples analysed by Casino Days reveal that mobile connections dominate the market in South Asia and are responsible for a whopping 96.6% of gaming sessions, while computers and tablets have negligible shares of 2.9% and 0.5% respectively.

CasinoDays India

The authors of the study point out that historically, playing online casino was exclusively done on computers, and attribute thе major shift to mobile that has unfolded over time to the wide spread of cheaper smartphones and mobile data plans in South Asia.

“Some of the reasons behind this massive difference in device type are affordability, technical advantages, as well as cheaper and more obtainable internet plans for mobiles than those for computers,” the researchers comment.

Xiaomi and Vivo Outperform Samsung, Apple Way Down in Rankings

Chinese brands Xiaomi and Vivo were used by 21.9% and 20.79% of Casino Days players from South Asia respectively, and together with the positioned in third place with a 18.1% share South Korean brand Samsung dominate the market among real money gamers in the region.

 

CasinoDays India

Cupertino, California-based Apple is way down in seventh with a user share of just 2.29%, overshadowed by Chinese brands Realme (11.43%), OPPO (11.23%), and OnePlus (4.07%).

Huawei is at the very bottom of the chart with a tiny share just below the single percent mark, trailing behind mobile devices by Motorola, Google, and Infinix.

The data on actual phone usage provided by Casino Days, even though limited to the gaming parts of the population of South Asia, paints a different picture from global statistics on smartphone shipments by vendors.

Apple and Samsung have been sharing the worldwide lead for over a decade, while current regional leader Xiaomi secured their third position globally just a couple of years ago.

Striking Android Dominance among South Asian Real Money Gaming Communities

The shifted market share patterns of the world’s top smartphone brands in South Asia observed by the Casino Days research paper reveal a striking dominance of Android devices at the expense of iOS-powered phones.

On the global level, Android enjoys a comfortable lead with a sizable 68.79% share which grows to nearly 79% when we look at the whole continent of Asia. The data on South Asian real money gaming communities suggests that Android’s dominance grows even higher and is north of the 90% mark.

Among the major factors behind these figures, the authors of the study point to the relative affordability of and greater availability of Android devices in the region, especially when manufactured locally in countries like India and Vietnam.

“And, with influencers and tech reviews putting emphasis on Android devices, the choice of mobile phone brand and OS becomes easy; Android has a much wider range of products and caters to the Asian online casino market in ways that Apple can’t due to technical limitations,” the researchers add.

The far better integration achieved by Google Pay compared to its counterpart Apple Pay has also played a crucial role in shaping the existing smartphone market trends.

 

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