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Airline systems across airports working normally, informs civil aviation minister

On Friday, in one of the biggest-ever IT outages, an update of a product offered by global cybersec…

PTI   


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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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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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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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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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Here are the benefits you get with India’s most expensive credit card with a ₹3.54 lakh annual fee

Credit cards have become a major part of India’s financial landscape in recent years. What was once…

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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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'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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Rise in airfares due to Go First's bankruptcy is temporary says SpiceJet CEO

SpiceJet CEO Ajay Singh on Thursday said there is a need for "more rational airfares" in the countr…

PTI   


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DGCA plans to hire 400 tech staff in 1-2 years; increase offices to 19: Arun Kumar

The Directorate General of Civil Aviation (DGCA) plans to ramp up its technical staff to 1,100 by h…

PTI   


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Rupee opens flat against US dollar in early trade

At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …

PTI   


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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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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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SpiceJet to suspend Sikkim operations from Oct 30 due to operational constraints

According to a spokesperson of the budget airline, bad weather and low visibility were bottlene…

PTI   


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SpiceJet: In the eye of a perfect storm

The airline has reported eight malfunction incidents in the last 18 days, which led to a notice fro…

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Spicejet clears all outstanding principal dues of AAI

Low-cost carrier SpiceJet has entered into a full and final settlement with the Airports Authority …

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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…