SpiceJet posts ₹205 crore profit in Q1
The low-cost carrier recorded the highest domestic passenger load factor of 90% in the first quarter owing to a strong demand for air travel in India.
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Maran vs SpiceJet: Delhi HC upholds 2018 arbitral award against carrier
Delhi HC directs SpiceJet to pay ₹579 cr award, along with interest, to airline's former promoter Kalanithi Maran
SpiceJet shares tank 19% as airline marks 18th anniversary
The budget airline has seen a consistent drop in its domestic market share in 2023
SpiceJet hives off SpiceXpress; stock jumps
The move paves the way for SpiceXpress to raise funds independently.
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.
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).
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.
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.
SpiceJet ordered to draw engine oil samples every 15 days after smoke in cabin
DGCA probe shows evidence of engine oil in "engine bleed-off valve", which led to oil entering the aircraft air conditioning system, thus resulting in smoke inside the cabin.
