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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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1 min read

Tata Sons submits financial bid for Air India, SpiceJet's Ajay Singh still in the race

Tata Sons has submitted a financial bid for Air India, among other bidders.

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SpiceJet to raise ₹2,500 crore, quarterly loss narrows

Budget airline SpiceJet on Wednesday reported a net loss of ₹235.3 crore in the fourth quarter of F…

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SpiceJet sheds ₹400 crore in value within an hour of trading as CFO quits and losses mount

SpiceJet’s shares plunged after its CFO resigned and the company reported wider losses in Q1 FY23. …

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2 mins read

DGCA gives clean chit to SpiceJet, says no safety violation found

The DGCA found no major significant safety violations in the SpiceJet aircrafts.It asked the airlin…

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1 min read

SpiceJet launches portable ventilator for patients with moderate breathing issues

Since this device is turbine-based and light weight, it can be used at home, in an ambulance, o…

PTI   


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SpiceJet flights delayed after ransomware attack; passengers told it’s a server issue

Hundreds of SpiceJet passengers were left stranded at various airports on Wednesday (May 25) mornin…

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4 mins read

SpiceJet hiked its ticket prices; Indigo and others might follow suit

The share price of the Indian aviation companies like Indigo, Jet Airways and others dropped on Thu…

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2 mins read

Enjoying the escalators and autowalks at airports? You are being charged for it

An unknown charge ‘cute fee’ levied by Indigo is getting viral on social media. The users misunders…

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4 mins read

There are several problems ailing SpiceJet and the taxman knocking on its doors is just one of them

SpiceJet, one of the two listed airlines in India, has reported losses consecutively for the pas…

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2 mins read

India’s biggest lender appoints Alok Kumar Choudhary as new MD soon after top brass rejig

Seasoned banker Alok Kumar Choudhary was appointed as the managing director of India’s largest publ…

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2 mins read

Flying with the least number of passengers in April, May burns a $100 million hole in SpiceJet’s books

SpiceJet seems to be struggling to sell its tickets as aircraft of the Gurugram-based airlines flew…

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3 mins read

SpiceJet MD says that lower taxes can help connect India to the world

"I think lowering of taxes and looking at aviation in a holistic sense as a job creator, as somethi…

PTI   


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Tata Group gets loan commitment from SBI-led consortium to run Air India

Sources said the SBI-led consortium has agreed to grant both term loans and working capital loa…

PTI   


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2 mins read

Spicejet is losing one rupee where it was losing four thanks to cheaper fuel and cut in rentals

SpiceJet carried less than fourth of the passengers between July and September 2020 than it did in …

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1 min read

Tata Sons buys ‘Maharajah’ for $2.39 billion from the Indian government

Relishing the acquisition of Air India, Ratan Tata, former chairman of Tata Sons tweeted, …

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1 min read

Airbus isn’t the reigning king of Indian skies? Spicejet’s to $22 billion deal with Boeing signals so

SpiceJet said it had signed a deal for buying up to 205 planes from Boeing - worth up to $22 billio…

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3 mins read

SpiceJet reports losses of ₹593 crore despite record growth in cargo operations

India’s largest cargo operator SpiceJet reported a net loss of ₹593.4 crore for the first quarter e…

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2 mins read

After US, SpiceJet to begin flights to London from September 1

The company said this is presently under the bubble arrangement between India and UK and is effe…