SpiceJet hives off cargo business; approves ₹2,500 cr fundraise
The low-cost airline's board also proposed raising fresh capital of up to ₹2,500 crore by issuing securities to qualified institutional buyers.
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February 2023
December 2022
November 2022
October 2022
SpiceJet surges 17% in two sessions on strong Q3 profit
The low cost carrier posted a net profit of ₹110 crore in the three months ended December 31, 2022, as against ₹42.46 crore, a year earlier.
SpiceJet stock jumps 13% as Q3 profit soars 160% to ₹110 cr
Shares of SpiceJet jumped as much as 13% to ₹40 apiece on the National Stock Exchange (NSE).
SpiceJet stock tanks 5% as board considers raising fresh capital
Shares of SpiceJet plunged as much as 4.8% to ₹36.50 apiece on the National Stock Exchange (NSE).
‘Visits to operators are not audits’: ICAO rejects SpiceJet’s claims
ICAO said its USOAP team visited India between November 9 and November 16, under ICAO Coordinated Validation Mission (ICVM), but the visits to operators were not audits or inspections.
ICAO audit found SpiceJet ops, safety processes in order, says airline
The audit was conducted under the universal safety oversight audit programme (USOAP) on November 14 at SpiceJet’s head office in Delhi.
Domestic air passenger traffic up 27% in Oct; IndiGo market share dips
On an MoM basis, total 114.07 lakh passengers were carried by domestic airlines compared to 89.85 lakh in the same month last year, shows DGCA data.
SpiceJet stock tanks 4% as Q2 loss widens to ₹837.8 cr
The airline says its business was hit by record high fuel prices, a depreciating rupee in the traditionally weak quarter.
Airlines on a wing and many prayers! How safe is air travel in India?
A series of incidents in the Indian skies spook fliers
SpiceJet captains’ salaries hiked to more than pre-Covid level at ₹7 lakh/month
The no-frills carrier says the salaries of trainers and senior first officers have also been increased commensurately. The hike will be applicable from Nov 1.
