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SPICEJET MARKET SHARE
Domestic air traffic falls 12% to 1.35 crore in June on monthly basisDomestic air traffic saw a nearly twelve percent decline in June. IndiGo's market share increased to sixty-six point three percent from May...
Stocks in news: Tata Elxsi, HCL Tech, ICICI Pru AMC, Biocon, SpiceJetIndian markets closed nearly unchanged after a volatile trading session on Monday. Tata Elxsi and L&T Tech shares are in focus as they anno...
IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude pricesOil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...
Indian airlines flew 1.53 crore domestic passengers in May: DGCA dataIn May, Indian airlines welcomed more than 1.53 crore domestic travelers, marking an impressive growth of over eleven percent from April. I...
Crude oil prices crash 42% from April’s $126 peak. More downside coming?Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummet...
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
Ashok Leyland, Tata Motors and other CV stocks soar up to 9%. What’s triggering the surge?US and Iran have reached an initial peace agreement to end their nearly four-month conflict, restore shipping through the Strait of Hormuz,...
IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentimentIndian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strai...
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...
Air passenger traffic drops in April amid demand, cost pressuresIndian domestic air travel saw a dip in April. Passenger numbers fell compared to both March and the previous year. Airlines faced challeng...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equity benchmarks extended gains for a third consecutive session as strong buying in banking, financial, energy and auto stocks lift...
Delhi HC dismisses SpiceJet and its promoter Ajay Singh's review plea in case against Maran-Kal AirwaysThe Delhi High Court dealt a blow to SpiceJet and its founder Ajay Singh by rejecting their review petitions, accompanied by a cost penalty...
SpiceJet expands fleet by signing eight Boeing 737 aircraftSpiceJet is expanding its fleet. The airline will add eight Boeing 737 aircraft. This follows earlier agreements to lease ten more planes. ...
SpiceJet clocks profit on reduced expenseLow cost carrier SpiceJet reported a profit of Rs 25 crore for Q3FY25, a turnaround from a loss of Rs 301.5 crore in the same quarter last ...
SpiceJet to raise Rs 3,000 crore in latest move to restore normalcySpiceJet aims to raise 30 billion rupees through securities for institutional investors to restore operations amid India's aviation growth....
SpiceJet gives lessors shares to clear dues worth Rs 231 croreThe fund crunch and grounded fleet has eroded SpiceJet's market share to 4.2% as of July - lower than that of new entrant Akasa, which only...
Valuation gap between IndiGo, SpiceJet likely to get narrowThere are a few reasons for the valuation gap to narrow.
In a tactical shift, SpiceJet takes centre stage as InterGlobe Aviation disappoints StreetInterGlobe disappointed the Street with weak financials for the December quarter and its stock fell 23% in the past one week.
- SpiceJet promoter Kalanithi Maran pledges 86.17% shares in the airline
According to industry sources, the heavily cash strapped airline is looking for funding its aircraft acquisition for regional operations.