Page 8 - Spicejet

Lessor pushes to repossess SpiceJet aircraft as payment negotiations fail

Aircraft lessor DAE has approached aviation regulator DGCA to deregister three SpiceJet 737 planes

SpiceJet says flight operations remain normal; shares gain over 3%

The scrip rose 3.65 per cent to end the day at Rs 38.30 apiece on BSE and during intra-day trade, it jumped 4.73 per cent to Rs 38.70.

Stocks to watch: HDFC, Sun Pharma, Dr Reddy's, STFC, TVS Motor, SpiceJet

Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.

SpiceJet says airplane aborted Mumbai takeoff due to caution alert

A SpiceJet Q400 aircraft scheduled to fly from Mumbai to Kandla aborted take off 'owing to illumination of a caution alert', the airline said in a statement

'No impact on flight operations': SpiceJet after DGCA curtails 50% flights

The Indian airline company SpiceJet on Thursday assured their passengers and travel partners that all flights departed on time and there has been absolutely no impact on flight operations

Confident of scaling up operations, addressing DGCA's concerns: SpiceJet

A day after it was asked by the aviation regulator to curtail its services by half, Spicejet said on Thursday that it is confident of scaling up its operations and addressing concerns of the DGCA

SpiceJet hits 2-year low after DGCA cuts 50% flight ops; stock slips 10%

Indian aviation regulator DGCA directed the low-cost airline to operate only 50 per cent of its flights for eight weeks.

Top Headlines: Centre's capex Q1 outlay, Fed hikes rates by 75 bps, & more

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DGCA orders SpiceJet to operate only half of its flights for 8 weeks

DGCA issues diktat after a series of incidents cause safety concern

'Absolutely no impact on flight ops': SpiceJet after DGCA cuts 50% flights

On July 6, the DGCA issued a show-cause notice to SpiceJet following at least eight incidents of technical malfunction in its aircraft since June 19

Top headlines: SpiceJet to cut ops for 8 weeks; Rs 1.6 trn for BSNL revival

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DGCA spot checks 48 SpiceJet aircraft; no major violation found: Govt

SpiceJet planes were involved in at least eight technical malfunction incidents in the 18-day period starting June 19, following which the DGCA had on July 6 issued a show-cause notice to the airline

SpiceJet to start 26 new flights from Friday, enhance frequencies

SpiceJet said it will start 26 new domestic flights from July 22

UDAN international plan under a cloud as AirAsia India fails to get permit

CBI case prompts the authorities to bar low-cost airline from proceeding on bids it won for regional air connectivity project

Delhi HC rejects plea to stop SpiceJet flights after seven mishaps

Referring to three incidents in May, two in June, and another two in July, the petition said the lives were at risk due to the SpiceJet's poor management

'DGCA is very much working': Delhi HC rejects plea to stop SpiceJet airline

Delhi High Court rejected a public interest litigation (PIL) seeking to stop the operation of SpiceJet airline for allegedly flying its aircraft in breach of professional and safety obligations

Frequent mid-air 'technical glitches' add to Spicejet's financial woes

Once an investor darling, SpiceJet is now the worst-performing airline stock in Asia, fighting a run of negative publicity triggered by a slew of seemingly innocuous but frequent technical glitches

9th incident in 24 days: SpiceJet flight delayed as nose wheel malfunctions

SpiceJet's Dubai-Madurai flight was delayed on Monday after the Boeing B737 Max aircraft's nose wheel malfunctioned, Directorate General of Civil Aviation officials said. Monday's incident is at least the ninth incident of technical malfunction in a SpiceJet aircraft in 24 days. On July 6, the DGCA issued a show-cause notice to SpiceJet following eight incidents of technical malfunction in its aircraft since June 19. The aviation regulator said the budget carrier had "failed" to establish safe, efficient and reliable air services. On Monday, the Boeing B737 Max aircraft with registration number VT-SZK operated the Mangaluru-Dubai flight, DGCA officials noted. After the aircraft landed, an engineer did a walk around inspection and found the nose wheel strut was compressed more than usual, they said. The engineer therefore decided to ground the aircraft, the officials noted. The airline sent another aircraft from Mumbai to Dubai to operate the return Dubai-Madurai flight, they ...

Top headlines: Retail inflation eases to 7.01% in June; May IIP grows 19.6%

Industrial production growth zoomed to 19.6% in May, as per the National Statistical Office (NSO) data.

SpiceJet's occupancy rate remains high in July amid malfunction incidents

SpiceJet's occupancy rate has remained high in July despite multiple technical malfunction incidents reported in its aircraft during the last 24 days. The airline's occupancy rate, also called passenger load factor (PLF), was above 80 per cent between July 1 and July 11, SpiceJet said in statement. I am grateful for the faith and trust that our passengers have shown," Ajay Singh, Chairman and Managing Director, said. The numbers speak for themselves and are a testimony to the fact that SpiceJet is and has been the most loved airline in India, he added. The PLFs of other airlines have been around 70-80 per cent between July 1 and July 11, aviation industry sources said. SpiceJet's statement said: "The airline's load factor for the last eleven days continues to be extremely impressive with a PLF of 83.1 per cent on July 1, 88.2 per cent on July 2, 90.1 per cent on July 3, 86.5 per cent on July 4, 86.2 per cent on July 5, 85.8 per cent on July 6, 84.1 per cent on July 7, 84.2 per cen