SpiceJet had a 13.1% share of India's domestic market in April, according to government statistics, behind IndiGo's 49.9% and Air India's 13.9%
SpiceJet took advantage of Jet Airways collapse as it inducted 22 of the grounded planes to ramp up its capacity, and has plans to induct up to 40 aircraft
The CEO of BOC Aviation said that India is an emerging market for airlines and SpiceJet is well-placed to capitalise on these trends
The appellate tribunal said there was nothing on record to suggest that the demand notice relating to invoices issued by Ramco System was forwarded or received by Spicejet
In a similar incident, the airline's New Delhi-bound flight SG 8720 from Bengaluru was diverted to Nagpur
The airline will offer the service on its Boeing 737s operating on routes from Delhi, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, Varanasi, Bagdogra, and Srinagar.
With the new flights, its connectivity to Madurai, Jammu, Coimbatore, Dehradun, Jaipur and Guwahati with Mumbai will improve considerably, the airline added.
All the passengers, however, had a providential escape, the source added.
In turn, Emirates' passengers will enjoy unhindered access to SpiceJet's 51 domestic destinations - 10 through direct connectivity and rest 41 through connecting flights
SpiceJet chairman and managing director Ajay Singh in a statement Friday said that his carrier is giving "first preference" to Jet Airways staff in recruitment
Brokerages have advised investors against bottom fishing in Jet scrip
Three of these planes will join the fleet in the next 10 days while the remaining two will be inducted by June, SpiceJet said in a statement
The carrier said it would be the first Indian budget carrier to launch daily direct flights on the Mumbai-Colombo, Mumbai-Dhaka, Mumbai-Riyadh, Mumbai-Hong Kong and Mumbai-Kathmandu sectors
SpiceJet not to change configuration of aircraft keeping in mind urgency to fill up vacant routes
Under dry lease, the lessor provides the airline with the aircraft but without any crew member, while under wet lease, the lessor provides the aircraft along with complete crew.
The company said it will induct 16 Boeing 737-800 NG aircraft on dry lease and has applied to the DGCA for a no objection certificate to import the aircraft.
The International Air Transport Association represents more than 290 airlines, including Air India, Jet Airways and Vistara
Around 50 planes of Jet are grounded due to non-payment to lessors
SpiceJet and Jet Airways are the only two domestic airlines which operate Boeing 737 Max 8 planes
With this, global travel agents will gain access to its ticket inventory, but passengers will have to pay a surcharge for tickets issued through Amadeus