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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…
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,…
1 min read
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
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…
1 min read
SpiceJet board will meet to consider fund raising funds, conversion of outstanding liabilities into equity
SpiceJet on Tuesday said its board will meet on Friday to consider options to raise funds as well a…
PTI
4 mins read
Sensex crosses 62,000 mark for the first time since December; Tata Motors, L&T amongst top gainers
India’s benchmark indices Sensex and Nifty50 are likely to open on a tepid note on Tuesday amid mix…
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
Domestic air passenger traffic went up by 47% this year compared to 2021: DGCA
The passenger load factors of all major airlines - Air India, SpiceJet, GoFirst, IndiGo, Akasa Air,…
ANI
2 mins read
Flights could get bumpier as climate change makes air turbulence much more frequent
As the Earth warms, wind shear is getting stronger and more widespread. In addition, global warming…
1 min read
SpiceJet CMD Ajay Singh takes over as the president of industry body Assocham
SpiceJet's Chairman & Managing Director Ajay Singh has assumed charge as the President Assocham, re…
PTI
2 mins read
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. …
4 mins read
Sensex, Nifty50 fall amid increased volatility: FMCG, oil & gas, metal stocks drag indices down
India’s benchmark indices Sensex and Nifty50 are likely to see a flat opening on Tuesday despite po…
4 mins read
Sensex, Nifty50 decline as IT, metal and auto stocks plummet
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Monday amid negative …
3 mins read
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
2 mins read
SpiceJet net profit jumps to ₹107 crore in Q3 FY2023
SpiceJet reported a net profit of Rs 107 crore (Rs 221 crore excluding forex adjustment) for the qu…
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
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…
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…
2 mins read
SpiceJet flight makes an emergency landing again – sixth incident in 3 months
SpiceJet aircraft flying from Delhi to Dubai made an emergency landing at Karachi airport due to te…
2 mins read
SpiceJet’s safety is not the only problem, it’s cancellations and complaints are high too
A lot of SpiceJet passengers have been safe across five such incidents that happened in the last th…