Page 28 - Spicejet

SpiceJet Q3 profit rises to Rs 73.2 cr, operational revenue up by 47%

"This profit is after a non-cash forex charge on account of Ind AS 116 of Rs 75.9 crore without which the profit would have been Rs 149.1 crore," SpiceJet said in a release.

SpiceJet soars 10% on 21% YoY rise in net profit; B737 may return this year

On the operational front, Passenger Load Factor came in at 91.9 per cent in Q3, with the fleet size growing to 119 aircraft as on December 31, 2019.

SpiceJet hopes its Boeing 737 Max aircrafts can start flying from June

The aircrafts from Boeing, which were expected as improved and more fuel efficient, were grounded in March 2019, according to reports, after two of the aircrafts crashed within five months

Shilpa Bhatia rejoins SpiceJet as CCO after five-month stint at IndiGo

Bhatia was the Chief Sales and Revenue Officer at SpiceJet before she quit in August last year and joined Indigo

After challenging 2019, will 2020 be jet, set and go for Indian aviation

From good times, India's airlines flew into hard times last year, with cut-throat competition ensuring cheap tickets but also pushing some companies in the red. Here is what 2020 might hold for them

Travelling to Delhi for voting? SpiceJet is offering 'free tickets'

In this "SpiceDemocracy" initiative, the airline stated that if the departure to Delhi and return from the city is on February 8, it will refund the entire base fare on both tickets

SpiceJet dismisses data breach report of 1.2 million passengers

The airline also said that there was no security lapse in its systems.

Arnab heckling row: After IndiGo & Air India, SpiceJet suspends Kunal Kamra

SpiceJet on Wednesday suspended stand-up comedian Kunal Kamra from flying with it after he allegedly heckled journalist Arnab Goswami aboard an IndiGo Mumbai-Lucknow flight. SpiceJet is the third airline to take action against Kamra. While IndiGo suspended Kamra from flying with it for a period of six months on Tuesday itself, Air India banned him until further notice. Aviation Minister Hardeep Singh Puri had taken note of the incident on Tuesday and "advised" other airlines in India to impose similar restrictions on Kamra, stating "offensive behaviour designed to provoke & create disturbance inside an aircraft is absolutely unacceptable & endangers safety of air travellers". On Wednesday morning, SpiceJet said on Twitter, "SpiceJet has decided to suspend Mr. Kunal Kamra from flying with the airline till further notice." An AirAsia India official told PTI that the airline is waiting for the aviation regulator DGCA to issue a formal notice, and after then it will take action ...

SpiceJet profit likely to take a hit due to delay in induction of 737 MAX

SpiceJet had 13 Boeing 737 Max in its fleet (and 155 planes of the type on order), which were grounded following a global ban last March

US, Europe to test Boeing 737 Max from Jan 15; India to take a call later

The Indian civil aviation regulator will conduct its own tests before re-certifying them

Airport security: Only half the X-ray screeners pass 'explosive' test

Results have major ramifications for smaller airports where airline staff are directly responsible for screening checked-in baggage

SpiceJet announces eight new flights; 1st to open Ahmedabad-Jeddah route

A mix of both 189-seater Boeing 737s as well as 90-seater regional jets Bombardier Q400s will operate these new flights

Indian airlines may hire fewer pilots in 2020 compared to last year

Pilot appointment, however, cannot be equated with pilot availability.

Higher incremental capacity, load factors to boost SpiceJet's market share

SpiceJet reported 93 per cent load factor for November, led by a 45 per cent jump in passenger traffic

SpiceJet re-starts 3 Boeing 737 freighter aircraft ops that were grounded

SpiceJet has four freighter planes that operate on domestic as well as international routes

SpiceJet trades lower for fifth straight day, hits eight-month low

In the past six days, SpiceJet's share price has slipped 7 per cent

SpiceJet flight asked to abort landing, major accident averted: Navy

The SpiceJet flight was forced to abort landing after noticing that the plane was on final approach without deploying its nose landing gear

Plane trouble in India as Boeing suspends 737 Max production

Spicejet has the biggest orders of 737 Max planes, will need to re-evaluate its future expansion plans.

Indian airlines set for $600-million loss in FY20, says CAPA report

CAPA estimates Air India to post a loss of $500 million this year, due to the grounding of over 20 aircraft

Airlines fail to gain from fuel price cut, may post $600 mn loss in FY20

The financial projections are based on the assumptions that oil prices are in the range of $60-65 per barrel, exchange rate is Rs 70-72 against USD and that airlines maintain pricing discipline.