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KIRAN KOTESHWAR
SpiceJet Q4 results: Losses at Rs 807.1 croreThe airline said that losses include a non-cash loss of Rs 473.4 crore due to forex loss on restatement of lease liability due to Ind-AS 11...- SpiceJet Q3 profit rises 23% on aggressive accountingIn the 2018 December quarter, the carrier recorded a profit of Rs 55 crore.
- SpiceJet’s metro focus to bring gains in market share, yieldsThe proposed expansion in FY20 matches that of market leader IndiGo.
- SpiceJet posts Rs 38 crore loss in Q1on arbitration provisionThe airline posted a loss of Rs 38 crore in the three months ended June compared with a profit of Rs 175.2 crore a year earlier, Gurugram-b...
- 1st-generation entrepreneurs - Premji, Nilekani, NRN - make Bengaluru India's philanthropy capitalIndia Inc bosses help younger good Samaritans create a new culture of giving.
- SpiceJet will stay asset-light, to use sale & leaseback route for new aircraft inductionIn the sale and leaseback model, the airline sells the aircraft at the time of delivery to a lessor at a premium from the ordered price and...
- SpiceJet's Q1 net up 18% at Rs 175 croreThe airline had reported profits of Rs 149.03 crore during the first quarter of last fiscal.
- SpiceJet to buy 100 aircraft; In talks with Airbus, BoeingSpice-Jet, which has swung to profits in the last two quarters, is now looking at fresh aircraft orders as part of its growth plans, its fi...
- SpiceJet to buy 100 planes; in talks with Boeing, AirbusSpiceJet wants to buy more Airbus A320neo and Boeing 737 Max aircraft, Kiran Koteshwar said. He said company plans to place an order by the...
- SpiceJet flies high, stock soars nearly 7% on solid resultsShares of SpiceJet settled nearly 7 per cent higher today after the company posted its first profit in seven quarters.
- SpiceJet jumps 12% intraday, ends 6% up as airline turns profitable after 6 quartersLower cost of operations on the back of curtailment of schedule and renegotiation of contracts and settlements turned it profitable.
- SpiceJet reports Rs 22.5 crore profit in fourth quarter; returns to profitability after 7 quartersThe airline ended the quarter with load factor of 81%, a historic high for low season, as it continued its strategy of demand stimulation.
- SpiceJet to hire 100 pilots, 200 cabin crewLow cost carrier SpiceJet seems ready for fleet expansion as it is set to employ more than 200 employees including pilots, cabin crew and c...
- SpiceJet's new promoter Ajay Singh prunes top management, gives more power to middle-level executivesSpiceJet's new promoter Ajay Singh has pruned its expensive top management in the last few months and given additional powers to executives...
- SpiceJet up for 2nd day as airline clears duesPromoter Ajay Singh had recently said he will infuse Rs 400 crore, the second tranche of his Rs 1,500 crore investment plans, by this week.
- SpiceJet says it has started paying back to it creditorsSpiceJet has cleared its major outstanding dues related to Income Tax (TDS) payments, the airline said in a release today.
- SpiceJet to get Rs 400 crore infusion, Ajay Singh plans to pump Rs 1500 by AprilThe money is coming from former promoters, the Marans, and it will be in the form of warrants, said people aware of the plan.
- SpiceJet's Q3 loss widens in battle to stay afloat"We estimated Q3 loss between Rs 250 crore and Rs 300 crore," said Kapil Kaul, India chief executive at aviation consultancy firm CAPA.
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