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SpiceJet

SpiceJet shares surge 5% after $90.8 million settlement with EDC; acquires 13 aircrafts

SpiceJet shares surge 5% after $90.8 million settlement with EDC; acquires 13 aircrafts

Thu, Nov 14, 2024

SpiceJet resolves aircraft financing dispute, secures full ownership of 13 Q400 planes, leading to significant savings and operational boost.

Beleaguered airline SpiceJet to launch seaplane operations in India next year

Beleaguered airline SpiceJet to launch seaplane operations in India next year

Sat, Nov 09, 2024

With rights to operate seaplane services on 20 routes, including Lakshadweep, Hyderabad, Guwahati, and Shillong, the airline said it is preparing to roll out connectivity across key routes as the infrastructure becomes ready.

Kerala first seaplane service to be launched at Kochi on Monday

Kerala first seaplane service to be launched at Kochi on Monday

Sat, Nov 09, 2024

Kerala Tourism and Public Works Minister P.A. Mohamed Riyas will flag off the seaplane service meant to boost the tourism sector in the state here on Monday. A Switzerland-based private company and SpiceJet are the service operators of De Havilland Canada seaplane, which lands in Kerala after the trial services conducted in Andhra Pradesh and Karnataka.

TRENDING NOW

Capping airfares by government is "unfair": SpiceJet

Capping airfares by government is "unfair": SpiceJet

Thu, Jun 23, 2016

By forcing airlines to cap airfares, the government is also intervening in price discovery.

SpiceJet launches five-day sale on domestic air fares starting at Rs 444

SpiceJet launches five-day sale on domestic air fares starting at Rs 444

Wed, Jun 22, 2016

The low-cost carrier has announced a promo one-way base fare of Rs 444 for its Jammu-Srinagar, Ahmedabad-Mumbai, Mumbai-Goa, Delhi-Dehradun and Delhi-Amritsar routes.

Aviation stocks fall post announcement of 100% FDI

Aviation stocks fall post announcement of 100% FDI

Tue, Jun 21, 2016

Collectively, the aviation stocks surged 0.81% with two advances and four declines in the afternoon session on the Bombay Stock Exchange (BSE) on Tuesday.

SpiceJet may partner with mytaxiindia to offer taxi rides for passengers

SpiceJet may partner with mytaxiindia to offer taxi rides for passengers

Sun, Jun 19, 2016

SpiceJet Vice President (Business Development) Amit Srivastava said the initiative would help the carrier in attracting more middle class people from Tier II and III cities. "The partnership with 'mytaxiindia' will encourage us to explore more routes where the demand could be higher.

Aviation stocks up after Govt approves new aviation policy

Aviation stocks up after Govt approves new aviation policy

Thu, Jun 16, 2016

InterGlobe Aviation was up 0.89%, followed by SpiceJet with 0.30%.

5/20 rule done away with, fares capped; aviation stocks rally

5/20 rule done away with, fares capped; aviation stocks rally

Wed, Jun 15, 2016

The aviation ministry has called a meeting of all aviation companies in India at 4:00 pm on Wednesday in New Delhi.

Aviation stocks face turbulence with cap on baggage, flight cancellations; fall nearly 2%

Aviation stocks face turbulence with cap on baggage, flight cancellations; fall nearly 2%

Mon, Jun 13, 2016

In a reaction to new changes such as cap on baggage charges and cancellation charges proposed in the new Civil Aviation Policy the aviation sector stocks fell nearly 2% on Monday morning.

Government will not allow repeat of Kingfisher Airlines: Ashok Gajapathi Raju

Government will not allow repeat of Kingfisher Airlines: Ashok Gajapathi Raju

Sun, Jun 12, 2016

The government was open to "light handholding" should any airline face financial crunch, he said answering questions during an interview to PTI in New Delhi.

Jet Airways starts 20% discount offer on business, economy class fares

Jet Airways starts 20% discount offer on business, economy class fares

Thu, Jun 02, 2016

The promotional fare will be applicable on tickets booked between June 2-6 for travel between June 25 and September 30, the airline said in a release.

Icra sees better times for airlines if costs are controlled

Icra sees better times for airlines if costs are controlled

Wed, Jun 01, 2016

Since mid-May, airlines such as Air India, Indigo, GoAir, Spicejet and AirAsia India have come out with dirt cheap tickets despite the peak holiday season.

ATF prices raised: Is your flight ticket going get expensive?

ATF prices raised: Is your flight ticket going get expensive?

Wed, Jun 01, 2016

Aviation sector in India has been on the upswing for the past one year largely due to fall in global crude oil prices.

India's domestic passenger traffic up 22% in April: IATA

India's domestic passenger traffic up 22% in April: IATA

Mon, May 30, 2016

Brazil reported a decline in their domestic passenger traffic at -12.1%.

SpiceJet: The turnaround story

SpiceJet: The turnaround story

Sat, May 21, 2016

Low-cost budget carrier SpiceJet posted its highest-ever annual profit last fiscal. This is an improvement of Rs 1,094 in one year. The airline even posted profits for the fifth consecutive quarter. How did SpiceJet achieve this?

Air India offers all-inclusive ticket fares starting at Rs 1,499

Air India offers all-inclusive ticket fares starting at Rs 1,499

Sat, May 21, 2016

The tickets under the 'Super Sale Offer' can be booked between May 21 and May 25 for a travel period between July and September 30, Air India said.

Air passenger traffic rises 21% to 79 lakh in April

Air passenger traffic rises 21% to 79 lakh in April

Fri, May 20, 2016

Vistara reported a market share of 2.3%, followed by AirAsia India (2.1), Air Costa (0.8), Trujet (0.4) and Air Pegasus (0.3).

A 200% rise in profit but Spicejet stock is down. Here's why

A 200% rise in profit but Spicejet stock is down. Here's why

Fri, May 20, 2016

According to an analyst who wished not be quoted as it is against his company's policy, the Spicejet stocks went down as there were high expectations from the company's March-ended quarter. He said, "The fall in oil prices was supposed to increase the profits further and that has disappointed the markets."

SpiceJet's Q4 net profit jumps 225% to Rs 73 crore

SpiceJet's Q4 net profit jumps 225% to Rs 73 crore

Thu, May 19, 2016

Aircraft lease rentals which forms another major cost element during Q4, 2015-16 increased by 114.42%.

Aviation ministry likely to abandon "5/20 rule"

Aviation ministry likely to abandon "5/20 rule"

Tue, May 17, 2016

Aviation ministry likely to abandon "5/20 rule" which states that 20 airplanes for 5 years to the service. Watch complete news story of First Trade and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

SpiceJet celebrates 11th anniversary with fares starting at Rs 511

SpiceJet celebrates 11th anniversary with fares starting at Rs 511

Tue, May 17, 2016

The three-day sale will open at midnight on Tuesday will be open till May 19, 2016 midnight.

Only one-hour flight journey? Ticket may be capped to Rs 2500!

Only one-hour flight journey? Ticket may be capped to Rs 2500!

Tue, May 03, 2016

Minister of State for Civil Aviation Mahesh Sharma said the government is working on strengthening regional air connectivity

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