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2 mins read
Indian aviation sector now down to just a single full-service carrier, ahead of Vistara's merger with Air India
India's aviation sector is about to undergo a major change. Vistara is merging with Air India. This…
1 min read
SpiceJet’s Ajay Singh might sell stake to raise funds for airline
SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…
1 min read
SpiceJet raises Rs 3,000 crore through QIP
It also said the QIP attracted a diverse pool of top-tier institutional investors and mutual funds,…
PTI
1 min read
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
2 mins read
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
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
2 mins read
Passengers on a new 7-hour budget flight won't even get free coffee and will have to make their own fun, CEO says
With its new seven-hour route between the UK and Saudi Arabia, Wizz Air is hoping passengers will "…
Tom Carter
1 min read
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
1 min read
SpiceJet in active discussion with Middle Eastern carrier for a possible stake sale
Low cost carrier SpiceJet is said to be in active discussion with a Middle Eastern carrier for a po…
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 …
3 mins read
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
1 min read
SpiceJet to operate flights to London from December 4
These flights will operate under the air bubble agreement with UK. "The airline will opera…
1 min read
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
1 min read
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
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,…
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…
4 mins read
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…
1 min read
Spicejet clears all outstanding principal dues of AAI
Low-cost carrier SpiceJet has entered into a full and final settlement with the Airports Authority …
3 mins read
This year’s defence budget may focus on building submarines, drones, warships and aircraft carriers
The Indian government promised to spend 19% — of the ₹4.78 crore crore set aside for the defence se…
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…