Reports profit for 2 years, over 90% load factor for 23 months, best on-time show for 5 months
Experts cry foul saying this will be diversion from core business plan
The stock rallied 6% to Rs 82.20 in intra-day trade, extending its previous day's 3% gain on BSE,
There were 184 passengers and four infants on board the Boeing 737 plane
NCDRC directed the airlines to pay to each of the complainants a total sum of Rs 25,125
Low crude oil prices were the key to SpiceJet's quick turnaround
Company's market valuation fell by Rs 260 crore to Rs 3,597 crore
Expenses rose to Rs 1,520 crore, against Rs 1,209.2 crore in the year-ago period
Airline reported operating revenue of Rs 1,642.4 cr as its seat load factor remained robust at 90.7%
In a Q&A, Spicejet's CEO says while demand for flying is strong, rising crude could play spoilsport
DIAL has asked three airlines to shift operations from T1D to T2 to carry out expansion work
The airlines is also focusing on reducing fuel costs & increasing its share of ancillary revenue
SpiceJet has announced a fresh order for 150 aircraft from the American aerospace company
Currently, SpiceJet has 32 next generation B737s and 17 Bombardier Q400s
It earlier ordered for 55 planes and additional 100 new 737-8 MAX aircraft
Singh said the purchase rights include an option to buy wide-body aircraft for long haul journeys
Airline is likely to place the order with US aircraft maker Boeing
Airline executives to meet the Director General of Civil Aviation on Tuesday
Airline has been profitable for seven straight quarters after battling financial turbulence
SpiceJet looks to bolster its presence in the world's fastest growing aerospace market