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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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Indigo, SpiceJet, Vistara, GoAir and Jet Airways bring best deals for entire monsoon

Indigo, SpiceJet, Vistara, GoAir and Jet Airways bring best deals for entire monsoon

Wed, Jun 14, 2017

As the monsoon season begins, the low-cost carriers have given you the best reason to step out of the rain with best deals on air tickets to as cheap as Rs 799.

Spicejet forays into e-commerce retail venture with Spicestyle

Spicejet forays into e-commerce retail venture with Spicestyle

Tue, Jun 13, 2017

India's aviation sector is heading for a turbulent year

India's aviation sector is heading for a turbulent year

Tue, Jun 06, 2017

The ailing Indian aviation industry will face further headwinds on profitability in FY18 as estimated by ICRA analysts. Net loss to the industry is estimated to increase to Rs 1250 crore this fiscal even though capacity addition is estimated to increase.

Airliners last quarter results show that your flight ticket prices may rise

Airliners last quarter results show that your flight ticket prices may rise

Tue, Jun 06, 2017

With the GST coming in, volatility in crude prices ahead, low cost carries take on fare prices will be key thing to watch. Q4FY17 was mostly negative for Jet Airways, SpiceJet and Indigo on the back of low fares, ATF prices and demonetisation.

Spicejet net profit falls over 50% as demonetisation causes yields to drop

Spicejet net profit falls over 50% as demonetisation causes yields to drop

Sat, Jun 03, 2017

Spicejet Ltd reported an over 50% drop in its standalone net profit for the quarter ended March 31, 2017 on June 3, 2017. The company said that its net profit for the given quarter stood at Rs 41.6 crore as against Rs 107.87 crore in the same period of last year.

SpiceJet Q4 review: How will low fares, higher fuel cost and demonetisation impact?

SpiceJet Q4 review: How will low fares, higher fuel cost and demonetisation impact?

Sat, Jun 03, 2017

SpiceJet is set to announce its results for the fourth quarter ended March 31, 2017. Profitability of domestic airlines have suffered the brunt of low fares, high Aviation Turbine Fuel and demonetisation.

How a three day flight ticket sale by Jet Airways, Spicejet, IndiGo help

How a three day flight ticket sale by Jet Airways, Spicejet, IndiGo help

Mon, May 29, 2017

Limited window for sales periods can increase passenger load factor depending on the number of days the sale is open for. Zeebiz speaks to airlines and analysts to see how a three day sale helps or harms the airlines.

IndiGo, Jet Airways, SpiceJet, Air Asia offer discounted air tickets for the full year ahead!

IndiGo, Jet Airways, SpiceJet, Air Asia offer discounted air tickets for the full year ahead!

Wed, May 24, 2017

With SpiceJet drawing the first blood by selling its air tickets for as low as Rs 12, other airlines like Jet Airways, IndiGo and Air Asia have also announced their versions of discounted air fares for as long as March 2018!

Bonanza for air travellers: SpiceJet offers air tickets as cheap as Rs 12

Bonanza for air travellers: SpiceJet offers air tickets as cheap as Rs 12

Wed, May 24, 2017

Bonanza for air travellers: SpiceJet offers air tickets as cheap as Rs 12. Watch the full segment for more details.

Jet Airways Monsoon Getaway: Airfares starting at Rs 1079 for just three day!

Jet Airways Monsoon Getaway: Airfares starting at Rs 1079 for just three day!

Wed, May 24, 2017

Jet Airways has announced an ‘all inclusive’ sale on flight tickets in its monsoon sale. The three day sale has a travel period going up till next year.

Spicejet 12th anniversary sale: Airfares starting at Rs 12!

Spicejet 12th anniversary sale: Airfares starting at Rs 12!

Tue, May 23, 2017

On completing its 12 year anniversary, Spicejet has announced its 12th anniversary sale. This includes base fares of flights starting at Rs 12 along with a full list of offers listed here.

Spicejet starts "Self Bag Drop" service in Chattrapati Shivaji Airport

Spicejet starts "Self Bag Drop" service in Chattrapati Shivaji Airport

Tue, May 23, 2017

Spicejet starts "Self Bag Drop" service in Chattrapati Shivaji Airport. Watch the full segment for more details.

Centre may allow inflight internet by August this year

Centre may allow inflight internet by August this year

Mon, May 22, 2017

Indian domestic carriers may soon have internet on its flights by end of August. International airlines are in talks with the aviation ministry to allow inflight internet.

India's airline passenger growth rises 17.71% in April

India's airline passenger growth rises 17.71% in April

Thu, May 18, 2017

Indian domestic carriers had more people on its flights as compared to the same period last year. Passenger load factor has risen with tourist season on the rise.

Airline stocks fly as global oil prices soften

Airline stocks fly as global oil prices soften

Tue, May 09, 2017

Lower crude oil prices comes as an opportunity for aviation firms, as they expect reduction in jet fuel prices which accounts for nearly 50% of airlines' operating cost. There are directly linked with international crude prices.

Domestic air passenger traffic grows 18% in March

Domestic air passenger traffic grows 18% in March

Thu, Apr 20, 2017

Passengers carried by domestic airlines during the month of March was higher than the same period last year registering a growth of 18.59%.

Spicejet adds 19 domestic, 3 international new flights to Summer schedule

Spicejet adds 19 domestic, 3 international new flights to Summer schedule

Thu, Apr 13, 2017

Low-cost carrier, SpiceJet on Thursday announced the addition of 19 new domestic and three new international flights for its summer schedule, increasing average daily flights to 360.

Q4FY17 review: Low fares, higher fuel cost to impact profitability of airlines

Q4FY17 review: Low fares, higher fuel cost to impact profitability of airlines

Wed, Apr 12, 2017

Ansuman Deb, Research Analysts of ICICI Securities said, “Q4FY17 is likely to be the bottom for airline margins as cost tailwinds come back from Q1FY18. As such, valuations will not depend on this quarterly performance. Yet, Q4FY17 will provide insights to how airlines fare in a relatively adverse scenario in their ability to pass on higher costs. ”

Costlier to have empty seats on flights than to overbook and compensate

Costlier to have empty seats on flights than to overbook and compensate

Tue, Apr 11, 2017

In the bargain of not letting flight seats go unfilled airlines overbook passengers per flight. Inconvenience to passengers is overlooked as cost to company on empty seats stacks up to a high amount.

SpiceJet stocks up nearly 3% in early trade after chief Ajay Singh settles case with Sebi

SpiceJet stocks up nearly 3% in early trade after chief Ajay Singh settles case with Sebi

Tue, Apr 11, 2017

SpiceJet stock was trading up 2.9% to Rs 99.80 in the early morning trade on BSE on Tuesday a day after its chief Ajay Singh has paid Rs 2.02 lakh towards settlement charges under the Sebi regulations on Monday.

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