Page 3 - Spicejet

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 ...

Air space closure, high oil price: How to trade IndiGo, SpiceJet shares?

Domestic brokerage firm Nuvama flagged key concerns, notably the potential impact of Israel-Iran tensions on global oil prices.

Spicejet Q4FY25 results: PAT jumps nearly three-fold to Rs 325 crore

Budget carrier Spicejet on Saturday said its standalone profit after tax surged nearly three-fold to Rs 324.87 crore in the March 2025 quarter. The Gurugram-based airline had posted a PAT of Rs 119 crore in the fourth quarter of FY24, according to a regulatory filing. However, the revenue from operations for the reporting quarter declined 16 per cent year-on-year to Rs 1,446.37 crore from Rs 1,719.3 crore in Q4 FY24, SpiceJet said in the filing. For the 2024-25 fiscal, SpiceJet posted a standalone PAT of Rs 580.74 crore against a loss of Rs 409 crore in the year-ago period. The revenue from operations fell 25 per cent to Rs 5,284 crore in FY25 against Rs 7050 crore a year ago, as per the exchange filing.

IndiGo, SpiceJet shares tumble on dual blow: Oil surge, Air India crash

Aviation stocks fall: InterGlobe Aviation shares fell as much as 5.62 per cent, while the counter of Spice Jet slipped 5.64 per cent on BSE

NCLT asks SpiceJet lessors to submit valid Power of Attorney by July 3

Tribunal defers hearing after SpiceJet flags expired authorisation; lessors directed to file valid Power of Attorney to proceed with insolvency petition

Delhi High Court dismisses appeal seeking ₹1,300 cr damages from SpiceJet

The HC said the delay in refiling was deliberate and concealed from the court; arbitration and a single judge had earlier rejected the damages claim by Maran and Kal Airways

SpiceJet rises 4% as Delhi HC rejects Maran's ₹1,300 crore damages plea

SpiceJet shares rose over 4 per cent after the Delhi High Court rejected KAL Airways and Kalanithi Maran's appeal seeking damages of over ₹1,300 crore

Delhi HC dismisses KAL Airways, Maran's ₹1,300 crore claim against SpiceJet

Kalanithi Maran and KAL Airways sought ₹1,300 crore in damages, claiming SpiceJet failed to issue securities despite receiving ₹679 crore as part of a share transfer agreement

IndiGo, SpiceJet: Aviation stocks fly amid easing tensions between Ind-Pak

At 10:43 AM, shares of InterGlobe Aviation or IndiGo jumped 7.28 per cent to ₹5471.35 per share and SpiceJet gained 7.76 per cent to ₹46.53 per share on BSE

Aviation stocks mixed after few airports shut down amid 'Operation Sindoor'

On Thursday, a total of 27 airports in northern, western, and central India have been shut for commercial operations until May 10, according to reports

Govt, industry must boost green aviation fuel with incentives: SpiceJet CMD

The government and industry have to come together and create a "significant incentive and logistic structure" for the production of sustainable aviation fuel (SAF) to help reduce carbon emissions, SpiceJet CMD Ajay Singh said on Wednesday. Discussions have been held with the Prime Minister's Office for allotment of spaces near airports for SAF refineries to save on transportation costs, and also with oil marketing companies, including IOC, BPCL and HPCL, to build a mini refinery for SAF production in their existing refineries, he added. "I think one of the things that we need to do is to have these SAF refineries, which are relatively simpler, probably closer to airports. If you're really serious about it. We've had this discussion with the PMO as well, that, can you allot spaces, which are close to airports so that the transport cost, which is the largest part of that cost, because you know you have to address these issues," Singh said. The SpiceJet CMD said at that some point the

Major oil-linked companies stock slump after brent crude oil slips 3%

When oil prices drop, upstream companies face reduced revenue, which can lead to cost-cutting measures, reduced profits, and in some cases, financial losses

Oil-linked stocks trade mix after crude oil prices fall below $70/barrel

Crude oil prices fell below $70 per barrel over US President Donald Trump's new tariffs, raising concerns over a global trade war that could weigh on oil demand

SpiceJet, Air India Express gets approved to operate flights from Kathmandu

Two Indian airlines have been allowed to operate regular flights to and from Nepal, according to the Himalayan nation's civil aviation authority. SpiceJet, which had regular flights to Nepal before the COVID-19 pandemic, and Air India Express, making its debut in the country, have received scheduled approval and slots from Kathmandu's Tribhuvan International Airport (TIA), according to Hansa Raj Pandey, spokesperson at the Civil Aviation Authority of Nepal (CAAN). SpiceJet, which mainly flew from Delhi to Kathmandu before its hiatus, will operate daily flights, while Air India Express has received approval for two flights per day. Currently, Air India and Indigo conduct flights between Nepal and India. With the addition of SpiceJet and Air India Express, there will be four Indian airlines operating regular flights between the two countries. Meanwhile, maintenance work on the taxiway at TIA, which previously required flight suspensions, continued its service without halting flights

SpiceJet flight from Jaipur to Chennai lands safely after tyre gets damaged

Despite the ttyre issue, the flight crew continued to the destination after confirming that all other operations and aircraft parameters were normal