The Supreme Court on Tuesday asked SpiceJet to approach the Delhi High Court with its plea seeking extension of time to deposit Rs 144 crore in connection with its legal dispute with media baron Kalanithi Maran and Kal Airways. A bench of Justices PS Narasimha and Alok Aradhe took note of submissions made by senior advocate Mukul Rohatgi, appearing for Spicejet, that the ongoing West Asia crisis has impacted the airline's operations and finances. Referring to a recent government's bailout programme for airlines, which has an outlay of Rs 5,000 crore, Rohatgi sought three months time to deposit the amount. The top court, however, refused to grant time and asked the budget airline to move the high court. "What happened before the West Asia crisis? Something which has happened on May 5 (Bailout announcement) cannot become a ground for extension of time," the bench remarked. During the hearing, Rohatgi said, "Private interest must yield to public interest. I have thousands of ...
IndiGo, SpiceJet shares gained on Wednesday after govt approved ECLGS 5.0 to support airlines amid West Asia crisis. Analysts said fuel costs, traffic slowdown remain key risks for the aviation sector
Airline stocks have remained under pressure as crude oil prices extended gains amid escalating tensions in West Asia
Stocks to Watch today, April 20, 2026: From HDFC Bank to Trent, here is a list of stocks to remain in focus
Salary delays have stretched to months while fleet size has dropped, pushing the cash-strapped airline to seek govt funding as competition, operational constraints intensify, a media report said
SpiceJet has sought urgent relief from a court order to deposit Rs 144.5 crore in its dispute with the Marans, warning it could disrupt operations and hurt revival efforts
Crude oil prices surged above $100 per barrel as escalating tensions in West Asia spooked investors
Airline stocks rallied as easing of geopolitical tensions has led to a sharp fall in global crude oil prices, which is particularly positive for aviation companies
Airline stocks came under pressure as conflict in the oil-rich West Asia raised concerns over rising ATF prices
According to a Nomura note dated March 22, industrial diesel prices were increased to ₹109.59 per litre from ₹87.57 per litre on March 20, marking a jump of about 25 per cent
Aviation stocks: IndiGo and SpiceJet face pressure from high oil prices, DGCA free-seat rule, and West Asia tensions. Analysts advise caution despite up to 55 per cent drop in stock price in 2026
As of 10:44 AM, IndiGo share price was quoted at ₹4,349.80, up 1.45 per cent, and the SpiceJet share price was quoted at ₹13.10 per share, down 1.8 per cent.
Notably, airline companies benefit from lower fuel prices, as aviation turbine fuel (ATF) accounts for a significant portion of their operating costs
Brent crude rose as much as 28.9 per cent to $119.5. West Texas Intermediate, the light, sweet crude oil produced in the US, was trading at $113.4 a barrel, up 24.7 per cent from Friday's close
SpiceJet will operate 13 special flights from the UAE on Thursday to facilitate the return of passengers stranded due to the Middle East conflict. "Of the 13 flights, 12 will operate from Fujairah and 1 will operate from Dubai. The airline will operate seven special flights to Mumbai, five special flights to Delhi and one special flight from Dubai to Mumbai," it said in a statement on Thursday. On Tuesday and Wednesday, the airline said it operated 12 special flights from Fujairah to Delhi, Mumbai and Kochi. The escalating conflict involving the US, Israel and Iran in the Middle East have significantly disrupted flight operations, leaving a large number of passengers stranded in various cities.
Airlines, tyre and paint stocks tumble as crude surges 9 per cent amid Iran-Israel-US tensions. Shares of IndiGo, SpiceJet, JK Tyre, Asian Paints, Berger Paints slide sharply on Monday
According to data compiled by Bloomberg, about 8.4 per cent or 128.6 million shares changed hands in multiple block deals on the BSE. Buyers and sellers of the transactions were not known
SpiceJet's total income declined 6.6 per cent year-on-year (Y-o-Y) to ₹1,545 crore, while total expenses rose 9.4 per cent YoY to ₹1,787 crore
Stocks to watch today, Friday, February 13, 2026: Market participants will keep an eye on SpiceJet, Coal India, Biocon, Infosys, Mishra Dhatu Nigam, Indraprastha Gas share prices today
Budget carrier reports Q3FY26 loss as labour code impact, grounded aircraft, airspace curbs and weaker rupee weigh on performance