Page 27 - Spicejet

SpiceJet flights to be reinstated gradually if...: DGCA chief explains how

Arun Kumar said SpiceJet will be permitted to reinstate its capacity but in a gradual manner and once it demonstrates it has fixed the manpower and spare part shortages

DGCA deregisters three SpiceJet aircraft after lessor puts in request

The DGCA deregistered three SpiceJet aircraft on Thursday, five days after their lessor Dubai Aerospace Enterprise (DAE) asked the aviation regulator for it, sources said. Moreover, the Directorate General of Civil Aviation (DGCA) is expected to deregister another SpiceJet aircraft on Friday, acceding to the request put forward by Irish lessor company Alterna aircraft on August 1, they added. DAE and Alterna had put in the Irrevocable Deregistration and Export Request Authorisation (IDERA) requests to deregister the aforementioned four planes. The IDERA request is usually filed by a lessor when its negotiation with the airline regarding payment of dues fails. While SpiceJet did not issue any fresh statement on Thursday, it had issued a communiqu on the DAE's action earlier this week. "SpiceJet plans to replace all its older Boeing aircraft with the new Max model in a phased manner. Between now and next calendar year, SpiceJet will induct around 20 new Max planes into its fleet. As

SpiceJet surges on report of potential stake sale by promoter

SpiceJet shares, which have fallen nearly 24% so far this year, posted a record intra-day jump in early trade on Wednesday

SpiceJet, MOIL: 5 buzzing stocks that may gain up to 19% in short-term

Among the most buzzing stocks, Spicejet surged 18 per cent. MOIL soared close to 9 per cent, while eClerx Services, Brigade Enterprises and Rossari Biotech were trading with 5-6 per cent gains

SpiceJet adds 18% on Ajay Singh's partial stake sale buzz; up 41% in 4 days

A big Middle Eastern airline has expressed interest to pick a 24 per cent stake and a board seat in SpiceJet, reports said

SpiceJet in discussion with Middle Eastern carrier for possible stake sale

Low cost carrier SpiceJet is said to be in active discussion with a Middle Eastern carrier for a possible stake sale

SpiceJet clears all dues with AAI, to revert to advance payment mechanism

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

Flight operations, load factor remain absolutely normal, says SpiceJet

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.

SpiceJet flies 11% after airline asserts 'normal' flight operations

This comes after airline regulator Director General of Civil Aviation (DCGA) curtailed flight operations to only 50 per cent for eight weeks

SpiceJet says all flight ops normal after DGCA slashes fleet to 50%

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

SpiceJet lessor asks DGCA to de-register three planes amid high costs

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

Lessor pushes to repossess SpiceJet aircraft as payment negotiations fail

Aircraft lessor DAE has approached aviation regulator DGCA to deregister three SpiceJet 737 planes

SpiceJet says flight operations remain normal; shares gain over 3%

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: HDFC, Sun Pharma, Dr Reddy's, STFC, TVS Motor, SpiceJet

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.

SpiceJet says airplane aborted Mumbai takeoff due to caution alert

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

'No impact on flight operations': SpiceJet after DGCA curtails 50% flights

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

Confident of scaling up operations, addressing DGCA's concerns: SpiceJet

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

SpiceJet hits 2-year low after DGCA cuts 50% flight ops; stock slips 10%

Indian aviation regulator DGCA directed the low-cost airline to operate only 50 per cent of its flights for eight weeks.

Top Headlines: Centre's capex Q1 outlay, Fed hikes rates by 75 bps, & more

Business Standard brings you the top headlines at this hour

DGCA orders SpiceJet to operate only half of its flights for 8 weeks

DGCA issues diktat after a series of incidents cause safety concern