SpiceJet shares soar 9%; here's why
The budget airline's stock soared 9% in intraday trade today to hit a high of ₹58.30 on the BSE.
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December 2023
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SC directs SpiceJet to pay entire arbitral amount to Maran; stock dips 3%
SC refuses to grant any extension to SpiceJet, directs to pay ₹380 cr to ex-promoter Maran in the 2018 arbitration award case
SpiceJet stock surges 12% after ₹100 cr repayment to City Union Bank
SpiceJet says last tranche of ₹25 cr was paid on June 30, 2023, thereby closing the entire loan account taken in 2012
SpiceJet stock surges 5% on plans to induct 10 Boeing 737 aircraft
10 B737 planes include five 737 Max aircraft; SpiceJet says it’s also working on restoring and reviving grounded aircraft
SpiceJet hikes captains' salaries to ₹7.5 lakh per month; share zooms 6%
Budget airline had last hiked pilots' salaries in November 2022; new structure will be applicable from May 16
UK’s SRAM & MRAM group to invest $100 mn in SpiceXpress
The investment comes days after budget airline SpiceJet's subsidiary ‘SpiceXpress’ was hived off into a separate entity
Amid GoFirst insolvency, SpiceJet to borrow ₹400 cr to revive 25 grounded planes
SpiceJet says funds for the revival will be drawn from the government’s Emergency Credit Line Guarantee Scheme and better cash accruals
SpiceJet settles issues with lessors; to get 2 more Boeing 737 Max planes
Goshawk Aviation is one of the main lessors of MAX aircraft of SpiceJet. After the deal, SpiceJet will also get one Boeing 737-800 NG aircraft
SpiceJet flight makes emergency landing after sparks in engine; all onboard safe
SpiceJet says the bird hit was observed by the cockpit crew and the captain of the aircraft decided to return to Patna. The post-flight inspection showed the bird hit with 3 fan blades damaged.
