Dharamshala to Delhi SpiceJet flight diverted to Amritsar after engine failure, lands safelyA SpiceJet flight from Dharamshala to Delhi was diverted to Amritsar after experiencing engine trouble. The turboprop Q400 aircraft safely ...
SpiceJet takes ownership of Q400 aircraft from NAC to save more moneySpiceJet has secured ownership of six Q400 aircraft through a settlement with NAC, saving on monthly rentals and bolstering long-term finan...
SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial AviationThe representatives of both parties informed a bench of NCLT last week that settlement terms had been reached, and thus requested an adjour...
Spicejet suspends 2 pilots for having “Gujiya” in the flight cockpit during Holi celebrationsTwo pilots of SpiceJet were suspended because they were eating gujiya and drinking beverages in the cockpit during a flight from Delhi to G...
SpiceJet Q2 Results: Loss widens to Rs 838 crore as fuel costs soarIn the year-ago period, SpiceJet posted a net loss of Rs 561.7 crore. During that period, including a forex gain, the figure was Rs 568.7 c...
SpiceJet aircraft conducts priority landing in Mumbai after windshield cracks mid-airEarlier today, a SpiceJet flight carrying passengers from Delhi to Dubai made an emergency landing in Karachi after it developed a technica...
SpiceJet Q2 results: Net loss widens YoY to Rs 562 cr; sales rise 27%SpiceJet’s sales, however, rose 27 per cent year-on-year to Rs. 1,342.5 crore aided by the reopening of the economy due to falling COVID-19...
SpiceJet climbs over 3% post Q2 resultsSpiceJet traded 3.15 per cent higher at Rs 55.70 at around 2.17 pm (IST), while the benchmark BSE Sensex was down 0.69 per cent at 43,293.
SpiceJet Q2 results: Net loss down over last year on back of 60% reduction in expenditureThe airline said that the total income was Rs 1,305 crore for the reported quarter as against Rs 3,074 crore in the same quarter last year.
SpiceJet Q2 Results: Loss narrows to Rs 113 croreThe company said its Ebitda profit stood at Rs 475 crore.
SpiceJet Q2 loss widens to Rs 463 croreSpiceJet also said that the airline’s losses were higher due to new accounting standard norms and grounding of Boeing 737 MAX.
SpiceJet posts Q1 loss of Rs 38 crore due to provisioningRising crude and falling rupee is making survival difficult for Indian carriers, who are reporting decline in numbers.
Our focus remains on profitable growth in Q3 and Q4: Ajay Singh, SpiceJet“The aviation sector needs to be much more responsible and we need to have sustainable fares in the market.”
- SpiceJet: High employee expenses erode meaningful portion of company's revenues
Investors should hold onto SpiceJet stock till the end of the fiscal because of an expectation of strong growth in traffic in the second ha...
- SpiceJet expands network, announces flights between Hubli & Bangalore
The airline is offering inaugural fare of Rs 1,999 inclusive of all taxes. The services will commence from September 27.
- HSBC underweight on Spicejet; cuts price target to Rs 15
HSBC Global Research has maintained its underweight rating on Spicejet and lowered its price target to Rs15 from Rs17.
- Buy Spicejet & Jet Airways: Rajesh Jain
Buy SpiceJet for a three-year horizon and Jet Airways for a two quarter horizon.