Mon, Sep 11, 2023
In a statement, the airline said: "SpiceJet acknowledges the legal process and is committed to complying with all court directives and obligations in the Credit Suisse case and will make the payment of $1.5 million as per the court directive."
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Thu, May 04, 2023
SpiceJet will make all its 25 grounded aircraft ready to fly in the next 2-3 months. Ajay Singh CMD, SpiceJet. Watch Ambarish Pandey's exclusive interview with SpiceJet's top management.
Tue, Apr 04, 2023
Aviation and Tourism Sector have crossed the bad phase, says Ajay Singh, President, ASSOCHAM. Watch Zee Business's exclusive interview with Ajay Singh.
Fri, Jan 13, 2017
In 2005, the company had placed its first order with Boeing for Next-Generation B737s.
Thu, Jan 12, 2017
The airline is expected to place order for Boeing 737 family and the 2016 list price for the starting model in this category is little over USD 90 million per aircraft, the official said.
Wed, Jan 04, 2017
IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100% foreign ownership by non-airline players in the Indian carriers.
Tue, Dec 27, 2016
Shares of SpiceJet gained over 1.5% to close at Rs 56.95 on the BSE.
Fri, Nov 25, 2016
Ajay Singh, Chairman & Managing Director, Spicejet said, “This was the weakest quarter of the year and despite the intense competition in the market, SpiceJet has performed exceptionally well. We continue to focus on responsible and profitable growth.”
Wed, Sep 07, 2016
As per the company's regulatory filing, it recorded a highest passenger load factor of 92.5% in the aviation industry.
Fri, Jul 29, 2016
The order came on Maran and his airline's plea for issuing them stock warrants in SpiceJet as per a sale purchase agreement (SPA) of 2015 which led to transfer of ownership of the budget carrier to its co-founder Ajay Singh.
Thu, Jun 23, 2016
By forcing airlines to cap airfares, the government is also intervening in price discovery.
Sat, May 21, 2016
Low-cost budget carrier SpiceJet posted its highest-ever annual profit last fiscal. This is an improvement of Rs 1,094 in one year. The airline even posted profits for the fifth consecutive quarter. How did SpiceJet achieve this?
Fri, May 20, 2016
According to an analyst who wished not be quoted as it is against his company's policy, the Spicejet stocks went down as there were high expectations from the company's March-ended quarter. He said, "The fall in oil prices was supposed to increase the profits further and that has disappointed the markets."
Thu, May 19, 2016
Aircraft lease rentals which forms another major cost element during Q4, 2015-16 increased by 114.42%.
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