SpiceJet, one of the two companies trying to take over the national airline, has rejigged its holding structure by transferring its cargo business to a wholly owned subsidiary to allow for greater ease of monetization. The airline also said it will also raise Rs 2,500 cr through a qualified institutional placement of SpiceJet shares. The […]
SpiceJet said it signed yet another leasing agreement for an unspecified number of Boeing 737 MAX aircraft, which were pulled out of service in early 2019 following accidents and mishaps. The American aviation regulator was the first to re-approve the aircraft for operations in November last year, followed by Canadian and European authorities in January […]
SpiceJet, India’s fastest-growing airline, said it will offer a discount of up to 30% on its base fares to registered healthcare professionals, including doctors, nurses and paramedics. Base fare excludes items like airport usage charges, taxes and so on. The offer is applicable for bookings and travel until 30 September, 2021. “To avail the benefits […]
SpiceJet said it has started offering a doorstep, pre-travel COVID-19 testing service to its passengers. A healthcare worker will visit the passenger at his or her home and collect the sample well in advance of the flight. The test result will be ready in time for the flight, and can be used for the same. […]
Low cost carrier SpiceJet has announced 62 new domestic and international flights, including two new flights to Muscat in Oman. The other flights cover almost all regions of the country and involve nearly all the major airports in India (see chart at the bottom). Out of the 62, four are international and 58 are domestic […]
Low-cost carrier SpiceJet said it has received regulatory approval to test drones to deliver e-commerce parcels, medical, pharma and other essential supplies. “Post trials and approvals, SpiceXpress, the dedicated cargo arm of SpiceJet, plans to use drones to provide for a quicker, faster and a cost-effective delivery,” low-cost carrier said. A SpiceXpress-led consortium had submitted […]
SpiceJet today made a formal announcement of the restarting of its domestic flying operations and reassured its customers about their safety inside the aircraft in view of the Coronavirus pandemic. The company resumed operations after a gap of exactly two months due to the Coronavirus lockdown. Flights are being operated on sectors such as Delhi-Bengaluru, […]
Low-cost carrier SpiceJet said it has implemented a 10-30% pay cut for all its top- and mid-level employees with effect from March to cope with the situation arising from the spread of Coronavirus. “In its bid to tide over the unprecedented crisis thrust by the COVID-19 pandemic, SpiceJet today announced a company-wide pay cut for […]
Ajay Singh, the entrepreneur who founded and currently heads budget airline SpiceJet, reassured investors and other stakeholders after his company’s stock fell 20% today as part of a broader market correction. Shares of SpiceJet were down Rs 12.05 at Rs 48.30 at close on the National Stock Exchange today. Shares of rival and market leader […]
SpiceJet, the country’s fastest growing low-cost carrier, announced 20 new flights that will lift off from March 29. This will take the total flights operated by the airline to over 620 per day. The new flights connect cities such as Guwahati, Patna, Hyderabad, Varanasi and others (see image for full schedule). The new flights including […]
Low-cost carrier SpiceJet announced four new daily flights connecting Kerala capital Thiruvananthapuram with Male and Chennai, and announced promotional fares on the routes. Under the promotional scheme, the 12:30 PM Thiruvananthapuram-Male flight is priced at Rs 5,539 and the return flight, starting at 2:45 PM, is priced at Rs 7,091. Similarly, the flight to Chennai, […]
A day after announcing international flight tickets starting at Rs 3,999, SpiceJet has announced a similar sale for the domestic market, with fares starting at Rs 1,299, including all levies. The four-day sale launched today will be open till midnight, August 30th, 2019. The travel period covered in this sale is till 31st March, 2020 […]
SpiceJet, India’s most aggressive low-cost airline, has announced cheap tickets for international flights from Aug 30 to Mar 31. The all-inclusive one-way fares include Rs. 3999 for popular destinations such as Colombo from Chennai and Dhaka from Kolkata and Guwahati. Tickets from Kochi to Male are available for Rs 4299, Bangkok-Kolkata for Rs 4699, Dubai-Mumbai […]
Despite the strain faced by the aviation sector in India, low-cost carrier SpiceJet reported net profit of Rs 261.7 crore and total income of Rs 3,145.3 crore for the quarter ending June 2019. Last year, it had a loss of Rs 38.1 crore on revenue of Rs 2,253.3 crore for the corresponding quarter last year. Operating expenses […]
Air India Express, the no frills airline that is part of the Air India family, was the only one to make money in the financial year gone by, while others lost between 3 paise to 2.88 rupees for every kilometer that their passengers traveled during the year. As expected, the biggest loser among the big […]
SpiceJet said it will start a daily, non-stop flight between Mumbai and Hong Kong on July 31, the first by an Indian airline. It already operates a similar flight from Delhi. SpiceJet will deploy its 168-seater Boeing 737-800 aircraft on the sector. “The flight is timed perfectly for business and leisure travellers alike with a […]
SpiceJet, the fastest growing airline in India, said 93.9% of its available seats for the month of May were filled, marking a record 50 months in a row when the company has topped the occupancy chart in India. “This is a feat unparalleled in global aviation industry and a huge milestone for SpiceJet,” said Shilpa […]
SpiceJet announced yet another batch of new flights, emerging as by far the most aggressive airline in the wake of the demise of Jet Airways. This time, it announced 19 new flights, taking the total to 65 new flights announced in the last one month alone. The new flights announced today all connect Mumbai with […]
India’s most aggressive low-cost carrier, SpiceJet, announced 28 new flights connecting Mumbai and Delhi with other cities on its domestic network, five days after it added 24 new flights connecting Mumbai and Delhi with other cities. SpiceJet also announced slew of new non-stop international flights from Mumbai to a host of international destinations including Hong […]
Days after it announced its intention to add new aircraft to its fleet, SpiceJet said it would add 24 new flights over hte next 7-15 days. Of these, 16 will connect Mumbai, four will connect Delhi while the rest will connect the two metros with each other. The new flights from Mumbai are to Jaipur, […]
