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SPICEJET TURNAROUND STRATEGY
SpiceJet ropes in ex-IndiGo exec Sanjay Kumar as Executive Director to steer next growth phaseSpiceJet has appointed former IndiGo executive Sanjay Kumar as Executive Director to lead strategic initiatives focused on expansion and bu...- SpiceJet shares rally 5% after reporting 173% YoY surge in Q4 profitSpiceJet share price surged over 5% on Monday after the company reported a sharp 173% YoY surge in standalone profit after tax for the Marc...
- SpiceJet Q4 Results: PAT jumps 173% YoY to highest-ever quarterly profit of Rs 325 croreSpicejet announced a significant profit increase for the March quarter. The airline's standalone profit after tax rose 173% YoY. This marks...
- SpiceJet Promoter Ajay Singh completes ₹500 crore equity infusion into airlineSpiceJet's founder Ajay Singh has infused ₹294.09 crore into the airline by converting warrants to equity shares, raising the promoter grou...
- SpiceJet shares in focus on posting Rs 26 profit in Q3 vs loss a year agoSpiceJet reports a turnaround, posting a Q3 profit of Rs 26 crore compared to a Rs 300 crore loss a year ago. This achievement is attribute...
- 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 Q3 Results: Co posts Rs 26 profit vs loss a year ago; revenue up 35%SpiceJet Q3 Results: SpiceJet turned profitable in Q3 2024, recording a net profit of Rs 26 crore due to strong passenger demand and improv...
- SpiceJet clears Rs 160.07 cr employee provident fund duesSpiceJet has cleared Rs 160.07 Crore in pending employee provident fund (PF) dues accumulated over two years, along with other statutory li...
- Spicejet, Carlyle Aviation enter into term sheet to restructure certain aircraft lease obligationsSpiceJet has announced a term sheet agreement with Carlyle Aviation Management to restructure aircraft lease obligations amounting to $137....
- SpiceJet improves financial position with another Rs 316 crore fundraisingSpiceJet has secured Rs 316 crore in investments, allocated equity shares and issued warrants to investors. The funding strengthens their f...
- Why Ajay Singh of troubled SpiceJet seeks redemption in bankrupt Go FirstAjay Singh, known for turning around airlines, has bid for the bankrupt Go First airline. However, his own airline, SpiceJet, is also facin...
- SpiceJet promoter Ajay Singh, Busy Bee Airways submit bid for GoFirstSpiceJet promoter Ajay Singh and Busy Bee Airways jointly bid for financially troubled GoFirst, planning to operate it with SpiceJet's supp...
- SpiceJet to sack 15% of workforce, co says its a 'turnaround' strategyPrivate airline SpiceJet is set to lay off 1,400 employees, constituting 15% of its workforce, as part of a cost-cutting strategy aimed at ...
- SpiceJet reports 43% fall in net profit in Q4FY17The Gurgaon-based carrier had reported a net profit of Rs 73 crore during the January-March quarter of the 2015-16 fiscal.
- What went wrong for SpiceJet at a time when it was headed to recovery & will it survive?The low-cost airline owned by Sun Group’s Kalanithi Maran was headed to recovery. What went wrong? Will it survive?
- Can SpiceJet's COO Sanjiv Kapoor turn around the cash-strapped airline?Sanjiv Kapoor, who runs the cash-strapped, crisis-racked low-cost carrier SpiceJet, has the toughest job in Indian aviation.
- SpiceJet may elevate Sanjiv Kapoor as CEOKapoor is responsible for making aggressive changes to the airline’s operations, fronting fare wars and overhauling the top management.
- AirAsia’s India entry no threat to SpiceJet for nowInvestors in local airlines need not fret about the slide of 40 per cent in the stock of lowcost carrier SpiceJet in the last three months.
- SpiceJet flies into profit Zone, nets Rs 102 crore in Q3, underserved regional cities pays offSpiceJet bounced back into profitability in the third quarter of FY13 with a profit of overRs100 crore.
- SpiceJet, Jet Airways back in profits; will aviation fly high?SpiceJet’s turnaround is both remarkable and significant because of the all-round economic funk that has long enveloped aviation. Indian ca...
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