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New Delhi: SpiceJet will unground 10 aircraft by mid-April 2025, in a move aimed at strengthening its network and operational capabilities. As per the airline, these will include four Boeing 737 MAX planes. This initiative is expected to significantly increase the current fleet size of 28 aircraft, even as some aircraft are redelivered to lessors…
New Delhi: India’s commercial airlines flew 1.42 crore passengers on domestic routes in November this year, which represents a robust 12 per cent increase compared to the same month in the previous year, according to figures compiled by the Directorate General of Civil Aviation (DGCA). IndiGo maintained its position as the market leader with a…
New Delhi: Budget airline SpiceJet has successfully reached an amicable settlement with Genesis, resolving a long-standing dispute valued at over $16 million. As part of the agreement, SpiceJet will pay Genesis $6 million in cash, while the lessor will acquire $4 million in SpiceJet equity at a price of Rs 100 per share, said a…
New Delhi22 minutes ago copy link EPFO had sent a notice and summons to the airline for the PF of the employees. Airline SpiceJet, which is struggling with financial crisis and legal matters, has paid the Employee Provident Fund (PF) and outstanding salaries of all its employees. For this, the airline has paid an amount…
Last Updated:November 19, 2024, 08:13 IST Stocks to watch: Shares of firms like Waaree Energies, Airtel, NTPC, SpiceJet, Bajaj Fin, Zee, and others will be in focus on Tuesday’s trade Stocks To Watch Stocks To Watch On November 19: The Indian market continued their downward trend, slipping nearly half a percent. In today’s trade, shares…
NEW DELHI: Five flights, including one bound for the United States, received bomb-threat messages through a social media handle on Tuesday, prompting security agencies to undertake specific counter-terrorist drills at various airports, official sources said. The threats via microblogging platform X came a day after three international flights originating from Mumbai received bomb threats, causing…
The move comes after SpiceJet recently raised Rs 3,000 crore through qualified institutional placement (QIP). Spicejet says 7 of these aircraft will be acquired on lease, while 3 previously grounded SpiceJet planes will be reintroduced. Shares of Spicejet jumped Rs 4.64 or 8.06 per cent to Rs 62.20 apiece on the BSE. Budget carrier SpiceJet…
The payment clearances come after SpiceJet recently raised Rs 3,000 crore through qualified institutional placement (QIP). This comes after Spicejet recently cleared salary arrears and GST dues. After clearing salary arrears and GST dues, budget carrier Spicejet on Friday deposited 10 months’ worth of provident fund (PF) dues. “Spicejet is pleased to announce that within…
Last Updated: October 01, 2024, 10:55 IST Airline operators InterGlobe Aviation and SpiceJet shares flew upwards of five per cent during the early session on October 1, as oil marketing companies slashed the price of aviation turbine fuel (ATF). The rates have been slashed by Rs 5,883 per kilolitre. The new rates will be implemented…
"Objective Is To Be Over 100 Aircraft Airline In 2 Years": SpiceJet’s Ajay Singh Source link [ad_3]