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SPICEJET LOSS
Falling crude oil price sends tyre, paint, oil marketing and airline companies soaring in relief rallyOn Friday, a significant drop in oil prices caused a ripple effect in the stock market, with companies linked to crude oil benefiting the m...- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
- Ahead of Market: 10 things that will decide stock market action on ThursdayBenchmark indices closed marginally higher on Wednesday, led by gains in banking and auto shares, while IT and FMCG stocks capped advances....
- Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian indices were subdued with Nifty up 0.03% and Sensex down 0.10%. High volatility (VIX at 19.63) and bearish momentum indicators sugge...
- Ahead of Market: 10 things that will decide stock market action on ThursdayDomestic equity benchmarks ended marginally higher after four sessions of losses, supported by gains in metal, energy and consumer stocks. ...
- Air India terminates flights to multiple destinations as fuel price bitesAir India is cutting international flights for three months starting June. Soaring jet fuel prices are forcing the airline to suspend servi...
- Air India board meeting on May 7; cost-saving steps, CEO selection likely on agendaAir India's board meets May 7 to discuss cost cuts and a new CEO. The airline faces significant losses and challenges from rising jet fuel ...
- If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil AnalystIndian aviation faces tough times as fuel prices remain high. Aviation Turbine Fuel costs are a major burden for airlines. This pressure is...
- Air India to cut 100 flights daily as fuel costs bite; Big reductions on Australia, Europe, North America routesAir India is set to reduce its flight operations by approximately 100 daily flights due to escalating jet fuel prices. The airline is imple...
- Ahead of Market: 10 things that will decide stock market action on WednesdayNifty 50 and BSE Sensex declined amid selling in banking, auto and IT stocks. Markets remain range-bound, awaiting triggers, with analysts ...
- Indian truckers fret as looming diesel hikes spur panic-buyingSoutheast India is experiencing significant fuel challenges, with motorists waiting in long lines as petrol and diesel become increasingly ...
- Air India, IndiGo, SpiceJet seek ATF price relief; say airline industry on verge of 'stopping operations'Indian airlines Air India, IndiGo, and SpiceJet are in severe financial distress. They warn of halting operations due to soaring jet fuel c...
- Ahead of Market: 10 things that will decide D-Street action on MondayIndian equities saw a broad-based selloff on Friday, led by IT stocks, dragging benchmarks sharply lower. Nifty fell 1.14% and Sensex dropp...
- Dubai limits foreign flights until May 31, letters show, hitting Indian airlines hardestDubai has limited foreign airlines to one daily flight until May 31 due to the Iran crisis, impacting Indian carriers who planned numerous ...
- UK court orders SpiceJet to pay $8 million to engine lessor over unpaid duesA UK judiciary has ruled that SpiceJet owes Sunbird France 02 SAS nearly $8 million for missed rent and upkeep on three aircraft engines. T...
- SpiceJet delaying salary payments to sizable number of employees: SourceSpiceJet is reportedly delaying salary payments to many employees, with those earning above Rs 55,000 facing delays of 10-15 days. This com...
- 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: Loss narrows to Rs 113 croreThe company said its Ebitda profit stood at Rs 475 crore.
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