Page 37 - Spicejet
Analysts see up to Rs 2,700 crore loss for IndiGo in June 2021 quarter
High oil prices and weaker rupee is likely to hit financial performance in Q1FY22
 "Analysts see up to Rs 2,700 crore loss for IndiGo in June 2021 quarter")
Four Indigo, Spicejet airlines staff among 7 arrested for gold smuggling
Seven persons, including four staffers of Indigo and Spicejet airlines, were arrested by the customs officials at Indira Gandhi International (IGI) airport
 "Four Indigo, Spicejet airlines staff among 7 arrested for gold smuggling")
Top headlines: Govt considers tax ordinance; Microsoft seeks Telangana deal
Business Standard brings to you the top headlines on Wednesday
 "Top headlines: Govt considers tax ordinance; Microsoft seeks Telangana deal")
Air India privatisation: SpiceJet's Ajay Singh has a risky flight plan
Even as the low-cost airline he runs has shrunk to survive the pandemic, many are questioning his plans to bid for national carrier Air India
 "Air India privatisation: SpiceJet's Ajay Singh has a risky flight plan")
Air traffic grows 47% in June as Delhi, Maharashtra ease Covid-19 curbs
Industry-wide passenger load factor rose to 62.9% in June from May's 50.5%. SpiceJet had the highest load factor of 70%.
 "Air traffic grows 47% in June as Delhi, Maharashtra ease Covid-19 curbs")
SpiceJet ties up with eee-Taxi to deploy EVs for employees' movement
SpiceJet said it has tied up with startup eee-Taxi to deploy a fleet of electric vehicles for movement of its employees so that the logistics cost, travel time and carbon footprint can be reduced.
 "SpiceJet ties up with eee-Taxi to deploy EVs for employees' movement")
SpiceJet to start eight new flights connecting MP from Friday: Scindia
SpiceJet will start eight new flights connecting Madhya Pradesh with Maharashtra and Gujarat from Friday onwards, Civil Aviation Minister Jyotiraditya Scindia said on Sunday. Good news for Madhya Pradesh! Starting 8 new flights from July 16 onwards via SpiceJet: Gwalior-Mumbai-Gwalior; Gwalior-Pune-Gwalior; Jabalpur-Surat-Jabalpur; Ahmedabad-Gwalior-Ahmedabad, the minister said on Twitter. The Civil Aviation Ministry & the aviation industry are committed to take UDAN to greater heights! he added. Under the regional connectivity scheme UDAN, financial incentives from the Centre, state governments and airport operators are extended to selected airlines to encourage operations from unserved and underserved airports, and keep airfares affordable.
 "SpiceJet to start eight new flights connecting MP from Friday: Scindia")
SpiceJet to launch 42 new domestic, int'l flights between July 10 and 30
SpiceJet will launch 42 new domestic and international flights between July 10 and 30, according to an official statement issued on Thursday.
Stocks to watch: Vodafone Idea, SpiceJet, Union Bank, Dish TV, auto stocks
Shares of auto companies will be in focus as firms will release their sales figures for the month of June
 "Stocks to watch: Vodafone Idea, SpiceJet, Union Bank, Dish TV, auto stocks")
SpiceJet to raise Rs 2,500 crore to fund working capital requirements
SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital
 "SpiceJet to raise Rs 2,500 crore to fund working capital requirements")
Top headlines: SC orders compensation for Covid dead, discoms get help
Business Standard brings you the top news of the evening
 "Top headlines: SC orders compensation for Covid dead, discoms get help")
Spicejet is making money off grounded Boeing 737 Max aeroplanes
Airline expects to get Rs 10.9 billion as compensation from Boeing for not being able to fly its 13 Max aircraft.
 "Spicejet is making money off grounded Boeing 737 Max aeroplanes")
SpiceJet plans to raise funds through equity; shares gain over 2%
No-frills carrier SpiceJet plans to raise funds through issuance of equity shares or debt instruments and the proposal will be discussed at its board meeting on Wednesday.
 "SpiceJet plans to raise funds through equity; shares gain over 2%")
Tighten your seatbelts
For over a year now, uncertainty has ruled the world and India, too, remains in choppy waters, choppier than most
How Indian aviation sector braved Covid turbulence better than global peers
Compared with other major countries during Covid-19, domestic airlines have precariously stayed the course
 "How Indian aviation sector braved Covid turbulence better than global peers")
SpiceJet, IndiGo ready for new war zone as cargo biz continues upward swing
Analysts remain sceptical on the profitability from freighter business
Top Headlines: GST meet to discuss Covid; TCS stock 'gives 3,000% return'
Business Standard brings you top news on Friday
 "Top Headlines: GST meet to discuss Covid; TCS stock 'gives 3,000% return'")
Analysts bet on larger players in travel & tourism space post RBI's support
In a bid to alleviate the adverse impact of the second wave of the pandemic on "contact-intensive sectors", RBI governor Shaktikanta Das announced a separate liquidity window of Rs 15,000 crore
 "Analysts bet on larger players in travel & tourism space post RBI's support")
Open up vaccination to India's private sector: SpiceJet scion Avani Singh
SpiceHealth was founded in November last year, quickly becoming a first mover in cheap testing for Covid-19.
 "Open up vaccination to India's private sector: SpiceJet scion Avani Singh")
Covid-19 pandemic: Govt cuts airline capacity to 50% from June 1
Decision divides industry with experts calling it interference in commercial freedom of airlines
 "Covid-19 pandemic: Govt cuts airline capacity to 50% from June 1")
