Page 2 - SpiceJet Ltd News
SpiceJet flight returns mid-air, lands in Pune after technical glitch
A Delhi-bound SpiceJet flight from Pune made a mid-air turnback to the originating airport due to a technical glitch on Monday and landed under full emergency conditions, a source said. The aircraft landed safely and passengers were deplaned normally, SpiceJet said in a statement. "SpiceJet Boeing 737 aircraft, bearing registration VT-SLG was midway diverted back to Pune airport due to a technical glitch. The flight landed back under full emergency conditions after an hour of its take off for Delhi," the source said. The flight SG937 had departed with a delay of 40 minutes from its scheduled time of 6 am from Pune airport, and was to land in Delhi at 8.10 am, as per flight tracking website flightradar24.com. "SpiceJet flight SG 937 on September 1, operating from Pune to Delhi, returned to Pune shortly after take-off. Following take-off, the flap transit light illuminated, and the operating crew carried out all necessary checks in accordance with standard operating procedures," the
 "SpiceJet flight returns mid-air, lands in Pune after technical glitch")
SpiceJet inks damp-lease deal for 5 Boeing 737s ahead of winter schedule
While most of these aircraft will join the fleet in October, a few are scheduled to arrive a couple of weeks earlier, the airline said in a company statement
SpiceJet to lease five Boeing 737 planes, joining fleet in October
SpiceJet has finalised an agreement to lease five Boeing 737 planes, and the aircraft are scheduled to join its fleet in October. The aircraft are being inducted on a damp-lease basis, where operational crew will be shared between the operator and the airline, according to a release on Friday. The airline said it has finalised a lease agreement to induct five Boeing 737 aircraft, and they are scheduled to join the fleet in October and will cater to the peak winter season as well as the early summer season of 2026. "SpiceJet is also in advanced discussions with other lessors to further enhance its fleet and strengthen both domestic and international operations," it added. The budget carrier, which had been facing multiple headwinds, operates Boeing 737s and Q-400s. It did not mention the current number of operational planes in its fleet. As per data available on fleet tracking website Planespotters.net, the airline has 20 planes in operation and 33 on the ground for various reasons
Discovery Global Management exits SpiceJet, sells 2.2% stake for ₹119 crore
Global macro hedge fund Discovery Capital Management on Wednesday exited SpiceJet by selling its entire 2.2 per cent stake in the domestic carrier for Rs 119 crore through an open market transaction. The US-based Discovery Capital Management through its affiliate Discovery Global Opportunity (Mauritius) Ltd offloaded 3,11,53,621 shares, representing a 2.20 per cent stake in Gurugam-based SpiceJet, as per the bulk deal data on the BSE. The transaction was executed at an average price of Rs 38.14 apiece, taking the total deal value to Rs 118.82 crore. Meanwhile, Plutus Wealth Management bought 2.45 crore shares or 1.73 per cent stake in SpiceJet for Rs 93.39 crore. The shares were picked up at an average price of Rs 38.12 apiece. Following the stake buy, Plutus Wealth Management's holding in SpiceJet rose to 4.44 per cent from 2.71 per cent. Details of other buyers of SpiceJet shares could not be ascertained on the bourse. SpiceJet rose 5.75 per cent to close at Rs 40.29 apiece on
 "Discovery Global Management exits SpiceJet, sells 2.2% stake for ₹119 crore")