Spicejet Interglobe Aviation Jet Airways

SpiceJet's domestic passenger market share drops below Akasa Air in May

SpiceJet carried 554,000 passengers in May, a drop of about 10 per cent month-on-month (MoM). On the other hand, Akasa Air carried 664,000 passengers in May, a jump of about 14.5 per cent MoM

Delhi HC asks SpiceJet to pay Rs 50 cr or face grounding of two engines

Justice Pratibha Singh instructed the SpiceJet counsel to obtain guidance by May 3 regarding the feasible time period for SpiceJet to pay Rs 50 crore to its lessors

Spicejet moves Delhi HC challenging order in favour of Kalanithi Maran

Spicejet and its promoter Ajay Singh Wednesday approached the Delhi High Court challenging a single-judge order upholding an arbitral award asking them to refund Rs 579 crore plus interest to media baron Kalanithi Maran. The appeals came up before a division bench of Justices Yashwant Varma and Dharmesh Sharma which initially listed it for hearing on September 15 as the counsel for Spicejet and Singh were not present. Later, Spicejet's counsel mentioned the matter before the bench which then listed it for hearing on Thursday. On July 31, the single judge had upheld the award announced by the arbitration tribunal on July 20, 2018 in favour of Maran and his company Kal Airways. There is nothing in the impugned award to suggest that it suffers from patent illegality and the findings therein are perverse and will shock the conscience of this court. "In the instant case, the petitioners have not been able to prove that the impugned arbitral award is patently illegal, against public pol

DGCA fines SpiceJet Rs 10 lakh for training pilots on faulty simulator

This is the third time that the regulator has imposed a financial penalty on operators for violation of rules after being empowered to do so

OMCs, banks slump as US military kills top Iranian military commander

Brent Crude Futures surged over 3 per cent to trade at $68.25 per barrel-mark. The West Texas Intermediate, too, gained 2.71 per cent to $62.84 per barrel.

SpiceJet Q2 preview: Analysts estimate 8x EBITDAR growth, loss to narrow

The brokerage pegs the sales revenue at Rs 2,817 crore, up 50.3 per cent from Rs 1,874.8 crore logged in Q2FY19. This would, however, translate to a 6.2 sequential decline.

Airline stocks trade firm post February domestic passenger traffic data

SpiceJet, InterGlobe Aviation and Jet Airways were up in the range of 1%-2% on the BSE in intra-day trade