A big Middle Eastern airline has expressed interest to pick a 24 per cent stake and a board seat in SpiceJet, reports said
Low cost carrier SpiceJet is said to be in active discussion with a Middle Eastern carrier for a possible stake sale
The Centre-run AAI had in 2020 put SpiceJet on a 'cash and carry' basis as the carrier was unable to clear its previous dues
Aircraft occupancy of SpiceJet on July 30 and 31 was 81% and 82.4% respectively. The airline said that all its flights have departed on time, as per schedule and there have been no cancellations.
This comes after airline regulator Director General of Civil Aviation (DCGA) curtailed flight operations to only 50 per cent for eight weeks
SpiceJet said on Monday its flight operations remained normal and on schedule, days after the aviation regulator ordered to slash its approved fleet to 50% for eight weeks citing safety snags
A Dubai-based lessor of SpiceJet Ltd has asked India's aviation regulator to deregister three of the budget airline's planes as SpiceJet struggles with high costs and maintenance challenges
Aircraft lessor DAE has approached aviation regulator DGCA to deregister three SpiceJet 737 planes
The scrip rose 3.65 per cent to end the day at Rs 38.30 apiece on BSE and during intra-day trade, it jumped 4.73 per cent to Rs 38.70.
Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.
A SpiceJet Q400 aircraft scheduled to fly from Mumbai to Kandla aborted take off 'owing to illumination of a caution alert', the airline said in a statement
The Indian airline company SpiceJet on Thursday assured their passengers and travel partners that all flights departed on time and there has been absolutely no impact on flight operations
A day after it was asked by the aviation regulator to curtail its services by half, Spicejet said on Thursday that it is confident of scaling up its operations and addressing concerns of the DGCA
Indian aviation regulator DGCA directed the low-cost airline to operate only 50 per cent of its flights for eight weeks.
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DGCA issues diktat after a series of incidents cause safety concern
On July 6, the DGCA issued a show-cause notice to SpiceJet following at least eight incidents of technical malfunction in its aircraft since June 19
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SpiceJet planes were involved in at least eight technical malfunction incidents in the 18-day period starting June 19, following which the DGCA had on July 6 issued a show-cause notice to the airline
SpiceJet said it will start 26 new domestic flights from July 22