Page 2 - Spicejet

SpiceJet settles long-standing $24 million liability with Credit Suisse

The liability stems from a 2011 10-year aircraft servicing deal with Swiss firm SR Technics, which transferred its payment recovery rights to Credit Suisse

SpiceJet posts ₹236.6 cr loss in Q1 due to maintenance issues, low demand

SpiceJet reports a consolidated net loss of Rs 236.6 crore in Q1 FY26 due to grounded planes, airspace restrictions, and subdued demand following the Air India crash

SpiceJet flies into red: Posts ₹238 cr loss in June quarter on low demand

SpiceJet reported a ₹238 crore loss in Q1 FY26, citing weak travel demand after Operation Sindoor, Pakistan's airspace closure and delayed aircraft returns

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

DGCA clears IndiGo, SpiceJet to lease aircraft from Turkish carriers

India has approved aircraft leasing deals between domestic airlines and Turkish carriers, including IndiGo and SpiceJet, after a policy shift following tensions

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

'He hit me, punched me', says SpiceJet staffer thrashed at Srinagar airport

Mudasir Ahmad Khan, the SpiceJet employee who has been bedridden due to alleged assault by an army officer at Srinagar airport last month, said he was targeted for doing his work honestly. He demanded stern action against the assailant to prevent recurrence of such incidents. Four employees of the airline were assaulted by Lieutenant Colonel R K Singh on July 26 after Khan had asked the army officer at pay charges for carrying extra cabin baggage according to the norms set by SpiceJet. "I saw this man was carrying two cabin bags and asked him to stand aside so that they could be weighed. Against an allowance of 7 kilogram per piece of cabin baggage, this man was carrying two which weighed 16 kilograms," Khan told PTI videos from his home in Srinagar where he has been bedridden since the day of the incident. Khan said he asked the army officer to pay for extra baggage but he became irate and misbehaved with him and other colleagues before turning violent. "He hit me with the bag, h

Passenger assaulted four staffers at Srinagar airport, FIR filed: SpiceJet

SpiceJet on Sunday said a senior Army officer, who was to board a flight to Delhi, assaulted four airline ground staffers at the Srinagar airport on July 26, and one of them suffered a spinal fracture. An FIR has been registered with the local police, and the airline has initiated the process to place the passenger on the no-fly list in accordance with civil aviation regulations, the airline said and added that the assault happened after the passenger was told to pay for the extra cabin baggage. Video clips of the incident shared on social media showed the passenger assaulting the staff and one of them being hit with a queue stand at the airport. The injured were taken to the hospital and are undergoing treatment. "A passenger grievously assaulted four SpiceJet employees at the boarding gate of flight SG-386 from Srinagar to Delhi on July 26, 2025. Our staff members suffered a spinal fracture and serious jaw injuries after being attacked with punches, repeated kicks and a queue ...

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

SC rejects Kalanithi Maran, KAL plea seeking ₹1,323 cr from SpiceJet

Delhi High court order's upheld in long-running dispute over transfer of shares to low-cost carrier's founder

Many Indian airlines spend more on publicity than passenger safety: Survey

Around 76 per cent of respondents in a pan-India online survey opined that many airlines in India are spending more on publicity than on passenger safety. The online survey conducted by LocalCircles revealed that as many as 64 per cent of these respondents had experienced at least one rough flight in the last three years, involving a difficult takeoff, landing, or inflight situation. The survey, which received 44,000 responses from citizens across 322 districts, assumes significance amidst a spate of incidents, both mid-air and on ground, reported recently. These included Tata Group-run Air India's Boeing 787-8 aircraft accident that crashed within seconds of taking off for London Gatwick from Ahmedabad last month, killing 241 of the 242 passengers on board and another 19 on the ground. The Aircraft Accident Investigation Bureau (AAIB) is investigating the crash and has already submitted its preliminary report. Also, on Monday, passengers on board Air India Kochi-Mumbai flight had

Two SpiceJet flyers try to storm cockpit, offloaded at Delhi airport

Two unruly passengers were offloaded from a SpiceJet flight at the Delhi airport on Monday after they attempted to forcefully enter the cockpit when the aircraft was taxiing. SpiceJet said the aircraft, which was to fly to Mumbai, returned to the bay and the two passengers were offloaded and later handed over to the CISF. "On July 14, 2025, two unruly passengers were offloaded from SpiceJet flight SG 9282 operating from Delhi to Mumbai. "The two attempted to forcefully approach the cockpit and caused a disruption while the aircraft was taxiing," the airline said in a statement. According to SpiceJet, despite repeated requests by the cabin crew, fellow passengers, and the captain, the two passengers refused to return to their seats. The flight SG 9282, originally scheduled to depart at 12:30 pm, departed at 7:21 pm, as per information available on flight tracking website Flightradar24.com.

Supreme Court to hear KAL Airways plea against SpiceJet on July 18

Kalanithi Maran and KAL Airways have approached the Supreme Court after the Delhi HC dismissed their pleas for Rs 1,323 crore in damages from SpiceJet, citing delays in appeal filing

SpiceJet shares fly 3% in trade; here's what is boosting investor interest

SpiceJet share price gained 3 per cent in trade after company announced to unground Boeing 737 NG aircraft and received two overhauled engines

Scare on SpiceJet flight to Pune as window trim detaches mid-air

SpiceJet has said that cabin pressure remained normal throughout the flight and that the dislodged window trim had no impact on safety or structural integrity

Scare on SpiceJet flight to Pune as window trim detaches mid-air

SpiceJet has said that cabin pressure remained normal throughout the flight and that the dislodged window trim had no impact on safety or structural integrity

Air India CEO Wilson received a raise days before Ahmedabad plane crash

Wilson's new salary stood at ₹27.75 crore as compared to the ₹18.98 crore he earned in 2023-24, marking a 46 per cent jump. He took charge as Air India's CEO in July 2022

HPCL, BPCL: OMCs, paint, tyre, aviation stocks rally after oil slips 5%

BPCL, HPCL, IOC, Asian Paints, and other downstream oil companies' stock surged, while ONGC, Oil India dropped after Brent crude oil slipped 5 per cent

SpiceJet to pay ₹25K compensation to passenger for issuing wrong ticket

A consumer commission here has held that a senior citizen suffered "monetarily and mentally" after SpiceJet issued incorrect tickets while rerouting his journey in 2020, and directed the airline to pay a compensation of Rs 25,000 to the passenger. The District Consumer Disputes Redressal Commission, Mumbai (Suburban), in the order passed on June 17, held the budget carrier guilty of "deficient service and negligent behaviour" for the error which caused "mental harassment" to the passenger. In view of the urgent need of the passenger (age not specified in the order), the airline had made an alternate booking- where the wrong ticket was issued- after his initial flight was cancelled due to bad weather. The commission acknowledged that the flight cancellation was beyond the control of the airline, and the Air Traffic Control (ATC) had taken the decision in view of the passengers' safety. It noted the airline had taken all the necessary efforts to provide an alternate ticket to the ...