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SpiceJet shares surge as company plans upgradation of fleet

SpiceJet shares surge as company plans upgradation of fleet

Mon, Jan 29, 2024

The company said that it will now focus on the upgradation of its fleet and cost-cutting measures, as the no-frills airline works on ways to come out of turbulent times.

SpiceJet allots Rs 744-crore shares, warrants on preferential basis

SpiceJet allots Rs 744-crore shares, warrants on preferential basis

Sat, Jan 27, 2024

The airline's board approved the allotment of 5.55 crore equity shares on a preferential basis to 54 subscribers, according to a release dated January 25.

Ayodhya Airport notified as an international airport, to get direct SpiceJet flights from Delhi, Ahmedabad, Jaipur, Patna, and Darbhanga from Feb 1

Ayodhya Airport notified as an international airport, to get direct SpiceJet flights from Delhi, Ahmedabad, Jaipur, Patna, and Darbhanga from Feb 1

Fri, Jan 19, 2024

The Ministry of Civil Aviation announced that it has notified the Ayodhya Airport as an international airport. It said, "It is hereby notified that Ayodhya Airport in Uttar Pradesh is declared as an International Airport and named as “Maharishi Valmiki International Airport, Ayodhyadham”, with immediate effect."

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SpiceJet announces new flight between Hyderabad and Bangkok

SpiceJet announces new flight between Hyderabad and Bangkok

Thu, Aug 23, 2018

Budget carrier SpiceJet today announced the launch of a daily direct international flight between Hyderabad and Bangkok. In the domestic sector, the airline announced daily direct flights between Hyderabad and Guwahati, and between Guwahati and Patna.

Airline stocks rise as domestic passenger traffic grows in July

Airline stocks rise as domestic passenger traffic grows in July

Tue, Aug 21, 2018

Shares of Jet Airways however fell nearly 4 per cent in morning trade after reports surfaced that the Ministry of Corporate Affairs has opened a preliminary inquiry into the carrier.

Turbulence in the Sky: SpiceJet flies into Rs.38 crore loss

Turbulence in the Sky: SpiceJet flies into Rs.38 crore loss

Wed, Aug 15, 2018

Mumbai: Airline companies continue to fly into turbulence. SpiceJet on Tuesday reported a loss of Rs 38 crore on account of rising fuel prices, volatile currency and an arbitration reward.The Gurugram-based no-frills airline had posted a net profit of Rs

SpiceJet flies into Rs 38.06 cr loss in Q1FY19; fuel cost, weak rupee to blame

SpiceJet flies into Rs 38.06 cr loss in Q1FY19; fuel cost, weak rupee to blame

Tue, Aug 14, 2018

For the same comparative period, expenses were Rs 2,245.4 crore as against Rs 1,711 crore; EBITDA before exceptional items were Rs118.7 crore as against Rs248.4 Crore; EBITDAR before exceptional items were Rs398.4 Crore as against Rs479.4 crore, the statement said.

Good news for budget flyers! SpiceJet launches in-flight entertainment system

Good news for budget flyers! SpiceJet launches in-flight entertainment system

Mon, Aug 13, 2018

SpiceJet today became the first local low-cost carrier to launch a complimentary in-flight entertainment (IFE) system across its international and domestic flights which can be accessed by passengers through their mobile phones and tablets.

Surprise! ATF may come under 18% GST bracket, but Jet Airways, SpiceJet, IndiGo in tailspin

Surprise! ATF may come under 18% GST bracket, but Jet Airways, SpiceJet, IndiGo in tailspin

Thu, Jul 26, 2018

The Finance Ministry is planning to include ATF under 18 per cent tax bracket of GST, a source told Zee Business TV. However, it is unclear exactly how such a move can impact airfares. Expectations are that the benefits would be passed on to flyers.

GoAir, SpiceJet offer various value back schemes; check details

GoAir, SpiceJet offer various value back schemes; check details

Tue, Jul 24, 2018

Leading airlines GoAir and SpiceJet are offering various summer offers on their respective websites. GoAir is offering value back of Rs 1000. GoAir offer will be available for the entire month of July.

Spicejet shares soar nearly 5 pc

Spicejet shares soar nearly 5 pc

Mon, Jul 23, 2018

Shares of Spicejet surged nearly 5 per cent today after an arbitration tribunal rejected the Rs 1,323-crore damages claim from the company and a bid to take control of the airline by its previous owner Kalanithi Maran and his company Kal Airways

SpiceJet battle lost by Kalanithi Maran, but gets back Rs 579 crore

SpiceJet battle lost by Kalanithi Maran, but gets back Rs 579 crore

Mon, Jul 23, 2018

An arbitration tribunal has rejected the Rs 1,323 crore damages claim from Spicejet and a bid to take control of the airline by its previous owner Kalanithi Maran and his company Kal Airways, after a bitter share transfer dispute.

HDFC Bank, SpiceJet among five stocks in limelight today

HDFC Bank, SpiceJet among five stocks in limelight today

Mon, Jul 23, 2018

Bharat Forge promoter Sundaram Trading & Investment Pvt Ltd acquired 16,000 shares between July 18–19. Sequent Scientific promoter Rajitha Gopalakrishnan acquired 50,000 shares on July 18, while GTPL Hathway promoter Gujarat Digi Com Private Limited acquired 53,000 shares on July 19.

SpiceJet Arbitration case: Kalanithi Maran loses Rs 1,323-cr case, but gets Rs 571 cr refund

SpiceJet Arbitration case: Kalanithi Maran loses Rs 1,323-cr case, but gets Rs 571 cr refund

Sun, Jul 22, 2018

An arbitration tribunal has rejected the Rs 1,323-crore damages claim from Spicejet and a bid to take control of the airline by its previous owner Kalanithi Maran and his company Kal Airways, after a bitter share transfer dispute

SpiceJet Mega Monsoon Sale: Last chance to get flight tickets for just Rs.999

SpiceJet Mega Monsoon Sale: Last chance to get flight tickets for just Rs.999

Sun, Jul 22, 2018

SpiceJet's Mega Monsoon Sale offer is going to end today. You can book your flight tickets for just Rs 999 (all-inclusive).

Spicejet in talks with planemakers over long-haul options, says Ajay Singh

Spicejet in talks with planemakers over long-haul options, says Ajay Singh

Mon, Jul 16, 2018

Indian budget airline Spicejet is in talks with aircraft makers over planes that would help its ambitions to fly long-haul, the carrier`s chairman said on Monday.

Now, SpiceJet set to do a first in aviation, eyes new horizons; share price rocks, up 3%

Now, SpiceJet set to do a first in aviation, eyes new horizons; share price rocks, up 3%

Fri, Jul 13, 2018

SpiceJet is planning to diversify its activities by entering into different businesses. It is planning to enter into a partnership with two major American companies, including an international airline.

Jet Airways, SpiceJet and IndiGo fly high; this steep fall adds wings

Jet Airways, SpiceJet and IndiGo fly high; this steep fall adds wings

Thu, Jul 12, 2018

Jet Airways gained 6 per cent to Rs 358.90, SpiceJet added 6.47 per cent to Rs 117.60, while Interglobe Aviation Ltd, which owns country’s biggest carrier IndiGo, advanced 4.39 per cent to Rs 1121.30 on the BSE.

Aviation crisis: IndiGo, Jet Airways, SpiceJet and GoAir face massive pilot shortages

Aviation crisis: IndiGo, Jet Airways, SpiceJet and GoAir face massive pilot shortages

Wed, Jul 11, 2018

As domestic airlines keep adding new aircraft to their fleet, they are facing acute shortage of pilots. IndiGo, Jet Airways, SpiceJet and GoAir, among others, are likely to a face serious challenge, as they are likely to add 100 new aircraft by 2019

SpiceJet eyeing more international routes, seeks aviation ministry's nod

SpiceJet eyeing more international routes, seeks aviation ministry's nod

Mon, Jul 09, 2018

SpiceJet is therefore, planning to induct new Boeing aircraft on more international routes to keep its expanding fleet busy. The airline in a letter to the ministry stated that it plans to operate flights to Dhaka from Chennai and Delhi with the addition of the new Boeing 737 Max. Delivery of the airplane will reportedly start in August.

Rs 999 offers: IndiGo, SpiceJet, GoAir announce discounts; check out aviation bonanza

Rs 999 offers: IndiGo, SpiceJet, GoAir announce discounts; check out aviation bonanza

Fri, Jul 06, 2018

Planning a trip? Want to make it affordable? Well, these airlines have come up with discounts on the flight tickets on select routes. Lucrative deals are being offered by the domestic airlines like IndiGo, SpiceJet, and GoAir. The starting price of the IndiGo, GoAir and SpiceJet tickets is Rs 999 (inclusive all taxes) to select routes.

US-China booster to aviation stocks! Jet Airways, SpiceJet, InterGlobe Aviation share prices fly up to 4%

US-China booster to aviation stocks! Jet Airways, SpiceJet, InterGlobe Aviation share prices fly up to 4%

Fri, Jul 06, 2018

Aviation Turbine Fuel (ATF), which derives its value from international benchmark Brent, comprises about 40 per cent of an airline's operating cost. Falling oil prices, thus, aid the margins of airline companies.

SpiceJet offers Rs 999 tickets: Budget airline gives big discounts, slashes airfares in monsoon scheme

SpiceJet offers Rs 999 tickets: Budget airline gives big discounts, slashes airfares in monsoon scheme

Wed, Jul 04, 2018

SpiceJet offers: Budget airline SpiceJet is offering massive discounts on air tickets, with airfares starting from just Rs 999. Now, you can go to all the places you wish and that too at a price that is affordable

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