SpiceJet: News

01 Oct 2024

IndiGo

Why SpiceJet and IndiGo shares are surging today

Shares of top airline players SpiceJet and IndiGo have soared today after a 6% cut in aviation turbine fuel (ATF) prices.

SpiceJet to issue 48.7 crore shares for ₹3,000 crore QIP

SpiceJet, a leading budget airline in India, has announced its board's approval to issue approximately 48.71 crore equity shares at ₹61.60 each.

SpiceJet admits to ₹350 crore unpaid TDS, PF to employees

SpiceJet, an Indian budget airline currently facing significant financial difficulties, has confessed to not paying ₹220 crore in tax deducted at source (TDS) and ₹135.3 crore in provident fund (PF) dues to employees.

30 Aug 2024

Bangkok

DGCA puts SpiceJet under enhanced surveillance: What it means

The Directorate General of Civil Aviation (DGCA) has placed SpiceJet, an Indian budget airline, under enhanced surveillance with immediate effect.

28 Aug 2024

Cooch Behar

Bengal bandh: Airlines issue advisories; bus drivers wear helmets

Major airlines, including IndiGo, Vistara, and SpiceJet, have issued travel alerts due to the 12-hour Bengal Bandh, advising passengers to allow extra time for reaching Kolkata airport.

12 Aug 2024

Mumbai

SpiceJet's Mumbai operations to be disrupted from August 13

SpiceJet, a leading Indian budget airline, is set to face operational disruptions at the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai.

12 Aug 2024

Delhi High Court

SpiceJet delays June salaries due to 'pressing operational financial commitments'

SpiceJet, a beleaguered Indian airline, has postponed the payment of June salaries for some of its employees.

25 Jul 2024

Air India

Flights delayed, canceled amid Mumbai rain; airlines issue advisory

Heavy and continuous rainfall in Mumbai has severely disrupted flight operations at Chhatrapati Shivaji Maharaj International Airport.

20 Jul 2024

IndiGo

Microsoft outage: IndiGo cancels 280+ flights in 2 days

IndiGo, India's largest airline, has canceled 93 flights today due to a massive outage at Microsoft.

19 Jul 2024

Microsoft

Microsoft outage badly disrupts airline operations in India, US

A significant disruption in Microsoft's cloud services has led to worldwide flight cancellations and delays, notably impacting India, Australia, and the US.

'What's your charge per night': CISF personnel told SpiceJet employee 

A female employee of SpiceJet who was arrested for slapping a Central Industrial Security Force (CISF) Assistant Sub-Inspector (ASI), Giriraj Prasad, has detailed what transpired before the alleged assault.

SpiceJet employee slaps cop at airport, airlines alleges sexual harassment 

A SpiceJet employee was arrested on Thursday for allegedly slapping an on-duty Central Industrial Security Force officer at Jaipur airport following an argument over security screening.

01 Jul 2024

IndiGo

Delhi airport Terminal 1 closure affected over 22,000 passengers: Ministry

The abrupt closure of the Terminal-1 (T1) of Delhi's Indira Gandhi International Airport due to a roof collapse on Friday has impacted approximately 22,615 passengers, as per the Civil Aviation Ministry.

Left without AC amid heatwave, say SpiceJet passengers; airline responds

Passengers on a SpiceJet flight from Delhi to Darbhanga on Wednesday reported being made to sit inside the aircraft without air conditioning for over an hour during a severe heatwave in the national capital.

05 Jun 2024

Ajay Singh

SpiceJet shares surge 9% as airline plans to raise $250M

SpiceJet has announced plans to raise an additional $250 million by August. The details were shared by Chairman Ajay Singh today.

22 May 2024

Business

SpiceJet shares rise amidst ₹450cr refund claim from Kalanithi Maran

Shares of budget airline SpiceJet experienced a 3% increase today, following the company's announcement to seek a refund of ₹450 crore from former promoter Kalanithi Maran and his firm, KAL Airways.

10 Apr 2024

Air India

Domestic airfare in India surges up to 30%: Here's why

Air travel within India has become significantly more expensive, with fares on several major routes witnessing a rise of up to 30%.

22 Mar 2024

India

SpiceJet trims operations despite thriving aviation sector: Here's why 

SpiceJet, a longstanding player in India's aviation sector, is poised to scale back its operations even as the industry anticipates record-breaking passenger traffic.

19 Mar 2024

Go First

SpiceJet, Busy Bee raise Go First bid to Rs. 1,800cr

A consortium spearheaded by Ajay Singh, head of SpiceJet, and Busy Bee Airways has upped its bid for Go First to Rs. 1,800 crore, Moneycontrol reported.

05 Mar 2024

Go First

Go First's sales head latest executive to quit beleaguered company

Grounded airline Go First faces a challenging road to resuming operations as a significant portion of its workforce, including top management, have resigned.

SpiceJet ordered to clear Credit Suisse dues by March 15

The Supreme Court of India has instructed SpiceJet to pay $1.25 million to Credit Suisse AG by March 15 to settle its dues before the next hearing.

Ensure all bags arrive within 30 minutes: Government to airlines

Civil aviation security regulator, the Bureau of Civil Aviation Security (BCAS), has directed seven major Indian airlines to step up their manpower in 10 days to streamline and improve baggage delivery at airports.

16 Feb 2024

Ajay Singh

SpiceJet, Busy Bee Airways submit joint bid for Go First

SpiceJet chairperson Ajay Singh has teamed up with Busy Bee Airways to bid for troubled carrier Go First.

12 Feb 2024

Layoff News

Cash-strapped SpiceJet to fire 1,400 employees to reduce costs

SpiceJet has announced plans to lay off approximately 1,400 employees, which is nearly 15% of its current workforce. The decision is aimed at reducing costs and maintaining investor interest.

SpiceJet shares jump over 4% after NCLT dismisses insolvency bid

SpiceJet's shares soared over 4% in early trade today, hitting a two-week high after the National Company Law Tribunal (NCLT) dismissed an insolvency petition against the budget airline.

29 Jan 2024

Stock Market

SpiceJet gains nearly 4.5% on securing Rs. 900 crore funding

SpiceJet shares surged nearly 4.5% today as the low-cost carrier secured over Rs. 900 crore in funding.

22 Jan 2024

Ram Mandir

SpiceJet sale: You can fly to Ayodhya for Rs. 1,622

SpiceJet is celebrating the 'Pran Pratishtha' ceremony of Ram Mandir in Ayodhya with a special sale.

17 Jan 2024

Mumbai

Passenger trapped in SpiceJet plane toilet for over an hour

A passenger on a SpiceJet flight from Mumbai to Bengaluru found themselves stuck in the airplane's restroom for over an hour due to a door lock malfunction.

15 Jan 2024

Ayodhya

SpiceJet launches non-stop flights to Ayodhya from Chennai, Bengaluru, Mumbai

Budget airline SpiceJet on Monday announced direct flights to Ayodhya from Chennai, Bengaluru, and Mumbai starting February 1, 2024.

Part found missing in Indian Boeing 737 MAX aircraft: DGCA

The Directorate General of Civil Aviation (DGCA) on Tuesday said that a "missing washer" was found in an Indian Boeing 737 MAX airplane during a fleet inspection.

2 airlines receive notice for rostering untrained pilots during low-visibility

The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to SpiceJet and Air India for failing to ensure that pilots trained to land in dense fog operated flights in Delhi.

Mumbai-based couple acquires 19% stake in SpiceJet for Rs. 1,100cr

Mumbai-based entrepreneur Harihara Mahapatra and his wife Preeti will acquire a 19% stake in budget airline SpiceJet, investing Rs. 1,100 crore.

18 Dec 2023

Go First

SpiceJet, two others show interest in acquiring bankrupt Go First

SpiceJet, Sharjah-based Sky One, and Safrik Investments, an Africa-focused firm, have shown interest in acquiring the bankrupt carrier Go First, as per an Economic Times (ET) report.

15 Dec 2023

Akasa Air

Akasa Air most punctual airline in November, SpiceJet least reliable

In November, Akasa Air achieved an impressive on-time performance of 78.2%, making it the most punctual carrier, as per the Directorate General of Civil Aviation (DGCA).

12 Dec 2023

Business

SpiceJet board approves Rs. 2,254cr fundraising plan

On Tuesday, SpiceJet's board approved a plan to raise Rs. 2,254 crore by issuing up to 13 crore convertible warrants and 32.08 crore fresh equity shares at an issue price of Rs. 50 each.

07 Dec 2023

Business

SpiceJet shares jump 20% to 15-month high: What's driving rally

SpiceJet's shares skyrocketed to a 15-month high at Rs. 52.29 on the BSE, hitting the 20% upper circuit, as the airline unveiled plans to explore fundraising options.

NCLT dismisses insolvency plea against SpiceJet

On December 4, the National Company Law Tribunal (NCLT) rejected a request to begin insolvency proceedings against budget airline SpiceJet.

16 Oct 2023

Delhi High Court

SpiceJet and Engine Lease Finance have reached an out-of-court settlement

Troubled budget airline SpiceJet and Engine Lease Finance Corporation Aviation Services Ltd. have reached an amicable agreement, putting a halt to proceedings in the Delhi High Court.

13 Oct 2023

Business

SpiceJet soars 20% amid reports of Indigo co-founder buying stake

SpiceJet Ltd's stock soared nearly 20% on Friday after an ET Now report revealed that IndiGo co-founder Rakesh Gangwal is in advanced discussions to acquire a stake in the troubled domestic airline company.

SC allows SpiceJet to pay Credit Suisse in monthly installments

The Supreme Court has allowed Indian airline SpiceJet to pay its outstanding dues to Credit Suisse in monthly installments for six months.

15 Sep 2023

Ajay Singh

SpiceJet settles $1.5 million debt with Credit Suisse

SpiceJet has paid $1.5 million to Credit Suisse, adhering to the Supreme Court of India's order, the company said in a regulatory filing.

SpiceJet issues shares to clear dues worth Rs. 231 crore

In an effort to settle outstanding dues valued at Rs. 231 crore, SpiceJet has announced plans to offer 48.1 million equity shares to nine of its aircraft lessors.

What were top complaints of fliers per DGCA March report

Flight-related problems and baggage issues topped the list of passenger complaints received by the Directorate General of Civil Aviation (DGCA) last month, an official report on Tuesday revealed.

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