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SpiceJet shares climb over 3% after earnings announcement

The stock climbed 7.35 per cent to Rs 60 during the day on the BSE. It ended at Rs 57.70, up 3.24 p…

PTI   


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3 mins read

IndiGo stock to soar on a cosy duopoly and an expanding market, say brokerages

IndiGo belongs to a rare club of stocks that has slowly yet steadily risen even in a market where …

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DGCA defers implementation of revised flight duty norms for pilots

Aviation watchdog DGCA has deferred the implementation of the revised flight duty norms for pilots …

PTI   


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3 mins read

Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees

When contacted, a SpiceJet spokesperson said the airline has initiated several measures, includ…

PTI   


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SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial Aviation

The representatives of both parties informed a bench of NCLT last week that settlement terms had be…

ANI   


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SpiceJet says reached settlement on ₹413-crore dispute with Echelon Ireland Madison One

piceJet on Thursday said it has settled a dispute involving Rs 413 crore with aircraft leasing firm…

PTI   


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SpiceJet board okays Rs 2,250 crore capital infusion

The Board of Directors of SpiceJet approved the raising of fresh capital of over Rs 2,250 crore thr…

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Mumbai biz couple invests Rs 1,100 cr in SpiceJet for 19% stake

In a strategic move to bolster SpiceJet's financial position and spur growth, Mumbai-based business…

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Majority passenger complaints regarding flight problems and refund; 422 complaints against SpiceJet, says DGCA report

The report stated that during December 2023, a total of 712 passenger-related complaints had been r…

ANI   


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India's domestic air passenger traffic rises 9% in November

India's domestic air passenger traffic rose 9% to more than 1.27 crore in November, according to of…

PTI   


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2 mins read

'SpiceJet didn't deposit money into pension funds for months'

India's low-cost carrier SpiceJet has reportedly not deposited money into the pension funds of its …

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4 mins read

SpiceJet slides after Delhi HC orders it to complete payment to Kalanithi Maran

The SpiceJet stock slipped 6% in trade by Tuesday noon. The Delhi High Court on Monday gave low-cos…

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1 min read

SC warns SpiceJet CMD Ajay Singh for making default in payment of Credit Suisse AG

The Supreme Court has issued a stern warning to SpiceJet Chairman and Managing Director (CMD), Ajay…

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2 mins read

NCLT to hear insolvency proceedings plea filed against SpiceJet next week

Aircraft lessor Aircastle (Ireland) Ltd has filed the petition against SpiceJet for initiating inso…

PTI   


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SpiceJet hives off cargo & logistics biz into separate entity from Apr 1

It also paves the way for SpiceXpress to raise funds independently, SpiceJet said. The dec…

PTI   


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SpiceJet subsidiary SpiceXpress to get USD 100 mn from UK group

Budget carrier SpiceJet on Monday said its subsidiary SpiceXpress and Logistics will receive USD 10…

PTI   


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5 mins read

Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline

Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…

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2 mins read

SpiceJet’s Q3 net profit jumps 162% to ₹110 crore on air travel recovery, shares surge 13%

Low-cost carrier SpiceJet posted a 162% surge in net profit to ₹110 crore for the December quarter,…

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Geared up for expansion in operations, no question of filing insolvency: SpiceJet chief

SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds rec…

ANI   


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3 mins read

SpiceJet to raise ₹2,500 crore fresh capital, convert Carlyle’s debt into equity and demerge cargo biz

Low-cost carrier SpiceJet on Monday announced that its board has approved plans to raise fresh capi…