SpiceJet takes delivery of another Airbus plane
No-frills carrier SpiceJet, which is looking to expand its fleet, has taken delivery of another Airbus plane on wet lease basis.
Jul 20, 2015, 19:13 PM IST
SpiceJet's Ajay Singh pledges over half of his stake
At least more than one-fifth of SpiceJet shares have been pledged, with its promoter Ajay Singh pledging nearly 34 percent of his stake in the low-cost carrier.
Jul 20, 2015, 17:44 PM IST
SpiceJet shares jump over 8% on fleet expansion plans
Shares of SpiceJet rose over 8 percent today as its chairman and main promoter Ajay Singh will invest more money in the airline for fleet expansion.
Jun 08, 2015, 13:25 PM IST
Ajay Singh to invest more in 'upswing' SpiceJet's fleet expansion
Singh, the original co-founder, has so far invested about Rs 800 crore into the no-frills airline since he took back the reins last December after a major crisis had hit the company.
Jun 07, 2015, 14:44 PM IST
Easing of 5/20 norms should not hit established carriers: Singh
"The government should seriously look at it (5/20 norms) before taking a decision (to modify it). It needs to be ensured that existing (or established) players are not penalised," SpiceJet's chairman and managing director Ajay Singh said.
Jun 06, 2015, 21:23 PM IST
Two more senior executives exit SpiceJet
Sandeep Verma and V K Khosla stepped down last Friday, sources said on Tuesday.
Jun 02, 2015, 17:37 PM IST
SpiceJet flies high, stock soars nearly 7% on solid results
Shares of SpiceJet zoomed nearly 7 percent Friday after the company posted its first profit in seven quarters.
May 29, 2015, 13:13 PM IST
SpiceJet registers first profit in eight quarters; Q4 profit at Rs 22.51 crore
After seven quarters of losses, budget carrier SpiceJet Thursday flew back into black with a net profit of Rs 22.51 crore in the January-March period of the last fiscal helped by renegotiated contracts and settlements and provisioning for re-delivery expenses among others.
May 28, 2015, 18:41 PM IST
SpiceJet raises additional Rs 300 cr funding, Ajay Singh appointed CMD
Budget carrier SpiceJet, which was on the brink of collapse in December after being hit by a financial crisis, has managed to raise an additional Rs 300 crore funding, even as its co-founder Ajay Singh was Thursday appointed as the airline's Chairman and Managing Director.
May 21, 2015, 19:22 PM IST
SpiceJet to mobilise another Rs 300 cr; appoints Ajay, Shiwani as new directors
Budget carrier SpiceJet on Thursday said it will infuse Rs 300 crore into the airline through various instruments and enhance its fleet size to 45-50 aircraft by March next year.
May 21, 2015, 15:15 PM IST
SpiceJet says to raise more funds, increase fleet size
In March, Indian courts had ordered India`s aviation regulator to deregister 11 of SpiceJet`s Boeing planes.
May 21, 2015, 14:58 PM IST
Top SpiceJet official Sudhakar Kondisetty resigns
Sudhakar Kondisetty, SpiceJet's senior vice president for information technology, has quit, the second top executive to step down in less than one month after the new owner Ajay Singh came onboard.
May 03, 2015, 12:44 PM IST
SpiceJet offers 1.50 lakh domestic tickets at Rs 999
The latest low-fare offer from the airline, which is now under new promoter Ajay Singh, is available to passengers travelling with only cabin baggage, a release said.
Apr 27, 2015, 20:51 PM IST
SpiceJet expands fleet, inducts 3 wet-leased Boeing 737s
No-frills airline SpiceJet has expanded its Boeing fleet to 20 aircraft, with the carrier taking delivery of three B-737s from a Czech company on a short term wet-lease.
Apr 12, 2015, 14:24 PM IST
SpiceJet may bring Ajay Singh's wife Shivani as woman director
Budget carrier SpiceJet may bring in new promoter Ajay Singh's wife Shivani Singh on its board to comply with SEBI's norm for listed companies to have at least one woman director.
Apr 12, 2015, 14:23 PM IST
SpiceJet to wet lease three Boeing 737 aircraft
The no-frills carrier, which is on a revival path under the ownership of Ajay Singh, would be wet leasing the three aircraft for a period of three months.
Apr 07, 2015, 19:16 PM IST
On revival path, SpiceJet sees return of pilots who flew the coop
With no-frills airline SpiceJet on a revival path following the return of Ajay Singh as its new owner, a section of its pilots who had quit the carrier last year have decided to rejoin the job.
Apr 01, 2015, 18:51 PM IST
SpiceJet makes part payment of dues to AAI
Budget carrier SpiceJet has made a part payment of its dues to the state-run Airports Authority of India (AAI) and also signed an agreement with aircraft leasing firm BBAM to settle out of court the dispute over Boeing rentals.
Apr 01, 2015, 17:12 PM IST
SpiceJet gains 1% on settlement with Irish lessor
Shares of SpiceJet on Monday settled with gains of over 1 percent after the budget carrier reached an out of court settlement with its Irish lessor, pushing up its market capitalisation by Rs 12 crore.
Mar 23, 2015, 17:50 PM IST
SpiceJet negotiating with aircraft lessors over rent default
The airline has reached in-principle understanding with one of the two lessors already, and is in advanced discussions with the other lessor.
Mar 20, 2015, 14:21 PM IST
