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
After barring the pilots, the regulator had issued a show-cause notice to the airline.
Stocks to watch: Crude oil-related stocks will hog the limelight today as Brent crude has surged past $120/barrel-mark
Increasing attacks on Indian networks are worrying
A SpiceJet plane, which was heading to Gorakhpur in Uttar Pradesh, returned to Mumbai on Saturday after a crack was observed on the windshield, according to an official statement.
Company postpones quarterly results scheduled on May 30
In a regulatory filing, SpiceJet said it has postponed its board meeting on May 30, to consider and approve the company's March quarter and FY22 results to a later date
Some 79% of the 15,000 airline passengers surveyed by LocalCircles said they believe carriers in India are compromising on passenger comfort and cutting corners as a result of the pandemic
The settlement and consent terms, executed on May 23, 2022 between SpiceJet and Credit Suisse have also been filed before the Supreme Court of India for final orders
Some flights had to be cancelled; airline claims problem mostly rectified, says it is in touch with expert and cybercrime authorities
Business Standard brings you the top headlines on Wednesday
Hundreds of SpiceJet airlines passengers were stranded at various airports due to a ransomware attack that impacted the morning flight departures on Wednesday.
SpiceJet will induct more Boeing 737 Max aircraft over the next few months and it hopes to start broadband internet service on its planes soon, its Chairman and Managing Director (CMD) Ajay Singh said
Prudent Corporate is the third straight IPO to list at a discount after LIC and Rainbow Children's Medicare. The weak listings are on the back of a selloff in the secondary market
AAI has put SpiceJet on 'cash and carry' mode since 2020, due to the airline's inability to clear airport dues
Though Covid has led to concerns about pilots' job prospects, flight schools believe that the situation will change soon and the choice of piloting as a profession will remain as lucrative as ever
The stock was quoting lower for the sixth straight day, down 6 per cent during this period.
A three-year-old 737 Max aircraft of SpiceJet en route to Durgapur from Chennai had to turn around after the crew shut down one engine after a faulty message
DGCA has already carried out a preliminary probe and has initiated inspection of SpiceJet's entire fleet
On Sunday, the Mumbai-Durgapur flight encountered a severe turbulence during its descent phase, injuring 14 passengers and three cabin crew members, the DGCA said in a statement