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SPICEJET FY24
SpiceJet to unground 10 aircraft by April 2026, expansion underway to meet market demandSpiceJet aims to restore grounded aircraft by April 2026, including several Boeing 737 NG, MAX, and Q400 planes. The airline has secured ma...
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 reduced its workforce significantly in FY24SpiceJet significantly downsized its workforce in FY24, while increasing the proportion of employees earning above minimum wage. Despite re...
SpiceJet under fire for stranding passengers at Dubai AirportSpiceJet passengers were stranded at Dubai airport when flights to India were cancelled due to the airline’s unpaid dues. The airline has e...
SpiceJet to consider raising fresh capital via QIP on July 23SpiceJet Capital Raising: SpiceJet announced plans to raise fresh capital through a Qualified Institutional Placement (QIP), subject to reg...
SpiceJet shares surge over 7% on reporting consolidated profit in Q4SpiceJet shares surged 7% on Tuesday, reaching Rs 60, following the airline's Q4 profit announcement of Rs 127 crore. This marked a turnaro...
SpiceJet Results: Budget carrier posts Rs 127 crore profit in Q4 versus loss a year agoDespite earlier financial difficulties and a ransomware attack delaying results, SpiceJet reported a 19% year-on-year decrease in consolida...
SpiceJet Q2 Results: Net loss narrows to Rs 449 crore; revenue falls 27% YoYThe company had posted a profit of Rs 198 crore in the preceding June quarter. During the quarter, the passenger RASK increased by 11% due ...
SpiceJet Q1 Results: Airline swings to profit of Rs 198 crore from loss YoY on lower expensesThe company's profit was on the back of a 36% year-on-year (YoY) decline in total expenses for the said quarter to Rs 2,069.24 crore. In th...
SpiceJet defers Q4 FY23, Q1 FY24 results till August 14Spicejet has postponed the announcement of its Q4FY23 and Q1FY23 results until August 14th . The board meeting on Friday partially executed...
SpiceJet looking to raise up to ₹2,000 croreThe no-frills airline is expecting Boeing to resume delivery of the 737 Max aircraft from October. SpiceJet plans to take delivery of seven...
SpiceJet Q3 Result: Airline posts Rs 23 crore profit; stock surges 7%Shares of SpiceJet that have been under pressure due to the company being involved in a legal battle, including an insolvency proceeding, j...
Aviation flying high with domestic air traffic growth over 20%The recent data presented by DGCA shows that February is the fifth consecutive month where domestic passenger traffic grew over 20% on a ye...
Aviation stocks rally up to 4% on steep fall in crude pricesIndian aviation registered a 16 per cent growth in domestic passenger traffic and a 24 per cent growth in international traffic during FY15.
SpiceJet fleet thinning downAviation authorities are closely watching the crisis deepen at SpiceJet which needs immediate infusion of funds to survive.
- SpiceJet CEO says eyeing break-even by FY'10
Budget air carrier SpiceJet is eyeing break-even in FY'10, a top company official said.