| SpiceJet new CFO appointed | 02-JUL-09 |
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| Announcing this appointment in Delhi, Sanjay Aggarwal, Chief Executive Officer, SpiceJet said, “I am delighted to welcome Seema to SpiceJet. |
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| SpiceJet open to acquisition opportunities | 24-MAY-09 |
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| It may be troubled times for the airlines business, but low-cost carrier SpiceJet sees an opportunity in this and is keeping its antenna up to see if some worthwhile carrier comes its way at 'right price'. |
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| SpiceJet mulls hike in fares by up to Rs 300 | 23-APR-09 |
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| Low-cost carrier SpiceJet today said it is considering a possible hike in its fares by up to Rs 300, close on the heels of Jet Airways and Kingfisher Airlines increasing fuel surcharge last week. |
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| 'SpiceJet not keen on M&As' | 02-APR-09 |
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| Delhi-based low-cost carrier, SpiceJet, is not desperate to participate in any mergers and acquisitions (M&As) in the current market conditions, said airline’s chief executive officer Sanjay Aggarwal. |
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| SpiceJet freezes top mgmt salaries, to hire 60 pilots | 25-FEB-09 |
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| Low-cost carrier SpiceJet will not hikesalaries of its top management in the next fiscal as part of itsmeasures to tide over turbulent times in the aviation sector, although it plans to hire up to 60 pilots within 12 months. |
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| Aiming to break-even by FY10: SpiceJet | 23-FEB-09 |
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| The Indian aviation sector experienced turbulent weather in 2008, as costs went beyond control, demand contracted and losses increased; major airlines are estimated to have incurred a loss of Rs 3,000 crore on domestic operations. The current year hasn’t started on a good note, with airlines grossly miscalculating the demand potential. |
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| Aviation fuel prices raised by 3 per cent | 16-JAN-09 |
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| After eight consecutive cuts, the aviation turbine fuel (ATF) prices were today increased by over 3 per cent. The reduction in ATF prices had eased the burden on airlines’ balance sheets. |
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| AI cuts basic fare up to 82% | 31-DEC-08 |
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| Close on the heels of Kingfisher and Jet Airways announcing basic fare cuts of around 40 per cent, national carrier Air India has decided to slash the same by 35-82 per cent across all sectors. |
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| SpiceJet overhauls top management | 10-DEC-08 |
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| Delhi-based low-cost carrier SpiceJet is looking at restructuring its core leadership team as part of US investor Wilbur Ross’s strategy of turning around the company. |
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| SpiceJet loss rises 5-fold to Rs 198 crore | 01-NOV-08 |
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| Delhi-based low-cost carrier SpiceJet’s losses, including foreign exchange losses, widened more than five times for the quarter ended September, 2008, to Rs 198 crore, compared to a loss of Rs |
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| Paramount Q3 net up 86% | 25-JAN-07 |
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| Cable manufacturer Paramount Communications today reported 86 per cent increase in its net profit during the quarter ended December 31, 2006, at Rs 12.13 crore as compared to Rs 6.52 crore in the |
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