Civil Aviation Minister Jyotiraditya Scindia virtually flagged off SpiceJet's flight on the Delhi-Tirupati route on Sunday, the airline said. The airline will operate the flight three times a week till October 31, according to its statement. From October 31, the flight on the Delhi-Tirupati route will be operated four times a week, it mentioned. The airline already connects Tirupati with Hyderabad and Pune on its network, it stated.
The suspension is for 30 days, and during this period, SpiceJet will not be allowed to carry dangerous goods, including lithium-ion batteries
The top two players will control 80% of industry revenue
It said the new website is designed to facilitate quick changes, making fast introduction of new products and offers to the customers.
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The court cases filed by aircraft lessors to recover their dues don't assist anybody very much and all such disputes eventually end in settlements, SpiceJet CMD Ajay Singh said
SpiceJet chairman Ajay Singh expects his cargo business to reach $1 billion in revenue in two to three years.
The government has begun evaluation of financial bids received from Tata Group and SpiceJet founder for the acquisition of Air India, sources said.
Low-cost carrier SpiceJet has joined hands with online travel platform EaseMyTrip for holiday bookings, a release said on Wednesday.
In its interim order, the Delhi HC has restrained SpiceJet from alienating the assets
Budget carrier SpiceJet, which had resorted to hourly-basis pay for pilots amid the pandemic, on Sunday said it has introduced a new "interim fixed salary system" for captains and first officers.
Besides, the shareholders have cleared the proposal to raise up to Rs 2,500 crore through the Qualified institutional placement (QIP) route.
The commercial settlement finalised by SpiceJet with two major lessors of MAX aircraft will result in savings of roughly around Rs 300 crore for the Ajay Singh-led carrier.
The last week's volume in SpiceJet was higher than its previous 35 weekly sessions
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The Tata group and SpiceJet promoter Ajay Singh are in the race to acquire the loss-making airline
The Tata group has confirmed that it has put in its bid. Ajay Singh has participated in the bid
The 737 MAX was grounded worldwide in March 2019 after two fatal crashes in five months killed 346 people, plunging Boeing into a financial crisis