Page 38 - Spicejet

SpiceJet gets relief on aircraft lease default case in British court

The court refused to take any action against SpiceJet on the grounds that forcing the airline to pay at this stage could result in the airline's insolvency

Mid-air wedding in SpiceJet chartered flight comes under DGCA scanner

A mid-air wedding in the presence of guests and relatives took place inside a SpiceJet chartered flight on May 23 morning wherein COVID-19 social distancing norms were violated, sources said on Monday. The chartered flight left the Madurai airport and remained airborne for approximately two hours on Sunday morning before returning there, they added. A senior official of aviation regulator Directorate General of Civil Aviation (DGCA) said that the flight crew has been off-rostered for not enforcing the social distancing norms onboard. SpiceJet has been directed to lodge a complaint with relevant authorities against those people who did not follow the COVID-19 norms inside the flight, the official said. He also said that the DGCA "will take strict action" after it completes its probe into this matter. Images and videos of the mid-air wedding were circulated on social media on Monday. The images and videos purportedly show people standing extremely close to each other as the couple t

SpiceJet plane with 31 boxers lands in Dubai after declaring fuel emergency

The plane was carrying ace pugilist Mary Kom and 30 other members of an Indian boxing contingent from Delhi

Will Go Air's IPO initiate sector re-rating? Here's what analysts think

Go Air's debut on the exchanges may not trigger a re-rating for incumbent players, believe analysts, who expect turbulent times for the sector in the foreseeable future coupled with high valuations

Croatia: SpiceJet crew spend 21 hrs inside aircraft over RT-PCR rule change

The flight crew of SpiceJet's Delhi-Zagreb flight had to spend around 21 hours inside the aircraft at the Zagreb airport as there was a sudden change in rules making negative RTPCR test results mandatory for anyone coming from India, the airline said on Saturday. The crew were not allowed to come out of the plane and they conducted the return flight to Delhi -- after the 21-hour rest period -- without passengers or cargo. "Prior to departure from India, email confirmation was received from Croatian authorities that RTPCR is not required for crew," the airline's spokesperson said. On arrival in Zagreb on Tuesday, the crew, including four pilots, as well as cabin crew members, was told that the orders have changed. "Due to sudden and massive increase in COVID cases in India, they were then instructed that RTPCR test is required. This came as a surprise," the airline's spokesperson said. India recorded 3,26,098 coronavirus cases and 3,890 deaths on Saturday. Since the crew could not

SpiceJet to start Covid-19 vaccination drive for all employees from May 17

Budget carrier SpiceJet has said it will start a company-sponsored vaccination drive for all its employees from May 17. The drive will commence from Delhi and Gurugram, which is SpiceJet's headquarters, and will cover the airline's employees across all the stations on its network, a release said on Wednesday. SpiceJet said it has around 15,000 employees. Other carriers like Air India, Vistara, IndiGo and GoAir and AirAsia India have already rolled vaccination drives for their employees. The first ones to get vaccinated will be the frontline employees of the airline including airport staff and in-flight crew, SpiceJet said. The vaccination program will be undertaken as per government rules and guidelines and basis the availability of the vaccine, SpiceJet said. The airline will also make efforts to facilitate vaccination for the families of employees going forward, it added. At SpiceJet, the health and safety of our passengers and employees is our topmost priority. Vaccination is

Stuck with Vodafone, SpiceJet? Trading strategies for top losers of 2021

Among individual stocks, a total of 140 of the BSE500 stocks have given negative return so far in CY2021

Covid impact: SpiceJet defers up to 50% salary of most employees in April

SpiceJet had been facing financial issues even before the second wave of the coronavirus pandemic hit the country in March 2021

SpiceJet airlifts 1,000 oxygen concentrators from Hong Kong to Delhi

SpiceXpress, the air cargo arm of SpiceJet, has airlifted 1,000 oxygen concentrators from Hong Kong to Delhi

SpiceJet to charge no fees for changes done at least 5 days prior to flight

SpiceJet on Saturday said passengers will not be charged any fees for changing date or time in their tickets at least five days prior to the departure date.

SpiceJet plane's windshield cracks, diverted to Zahedan airport in Iran

A SpiceJet plane was diverted to Zahedan airport in Iran on Friday after its windshield cracked when it was flying from Riyadh in Saudi Arabia to Lucknow.

Air India sale: A previously rejected plan resurfaces as a fall-back option

The fall-back option under discussion is to allow Air India Express to raise money through the market by listing on the bourses

Saving SpiceJet: Promoter Ajay Singh faces his toughest challenge

With a series of default notices and sceptical banks, the promoter has a formidable challenge

The million-dollar question: Is Air India saleable in its present avatar?

The ifs and buts around its sale are growing day by day

SpiceJet introduces 'zero change fee' offer for domestic flights

SpiceJet has introduced a 'zero change fee' offer under which passengers can modify dates or names on the ticket

SpiceJet ties up with Avenue for sales and lease-back of up to 50 aircraft

Budget carrier SpiceJet on Wednesday said it has signed an initial pact with New York-based global investment firm Avenue Capital Group for financing, acquisition and sales & lease-back of up to 50 new aircraft to be ordered by the airline. The memorandum of understanding, signed between the two partners, sets out the next steps and conditions upon which Avenue will assist with placing of SpiceJet's new aircraft portfolio including sale and lease-back of and also assumption of ownership of potentially up to 50 of these aircraft, the company said in a statement. Founded in 1995 by Marc Lasry,the multinational firm is a pioneer in distressed debt besides having expertise in aircraft leasing. The company has identified the new planes to be ordered by the airline as a unique opportunity for investment, SpiceJet said. "We are delighted to enter into this strategic alliance with Avenue Capital Group and we look forward to closely working with them. This alliance will ensure a seamless ..

Passenger on SpiceJet flight tries to open emergency door mid-air

A passenger travelling on SpiceJet's Delhi-Varanasi flight tried to open the emergency door of the aircraft when it was mid-air, but was restrained by the flight crew and co-passengers, the airline said on Sunday. The passenger was later handed over to the police, it said. "On March 27, a passenger travelling on SpiceJet flight SG-2003 (Delhi-Varanasi) tried to open the emergency door of the aircraft in an abusive and aggressive state while the aircraft was airborne, the airline's spokesperson said in a statement. The passenger was brought under control by the flight crew with the help of co-passengers, he said. The crew immediately informed the captain who requested the ATC (air traffic controller) for a priority landing. "The aircraft landed safely in Varanasi where the said passenger was handed over to the local police by CISF and SpiceJet's security staff," the spokesperson added.

Burger King, PVR: Avoid these stocks as India sees second wave of Covid-19

Amid second wave of Covid-19 in India, analysts believe investors will be better off if they avoid QSR, multiplex, or travel-related stocks till the situation improves

SpiceJet to add 66 new flights to domestic network from March 28

No-frills carrier SpiceJet on Saturday said it will add 66 new flights, including additional services on certain routes, in its domestic network from March 28. These new flights, which will be operated with Boeing 737s and regional jet Bombardier Q400s, are aimed at augmenting connectivity between metro and non-metro cities as part of its enhanced network. "We are delighted to further expand our domestic operations and add 66 new flights to our network for the start of this summer schedule. As the country's largest regional operator, the new flights further reiterate our commitment towards enhancing regional connectivity, besides offering unique connections to many leisure destinations, said Shilpa Bhatia, Chief Commercial Officer, SpiceJet. In a bid to support the increasing travel demand from smaller cities which were initially connected by SpiceJet under UDAN scheme, the airline has introduced new flights connecting Darbhanga, Durgapur, Jharsuguda, Gwalior and Nashik with some ke

SpiceJet is offering Rs 299 Covid tests to get people flying again

SpiceHealth, the unit selling the tests, has also set up mobile-testing facilities for the general public in Mumbai and New Delhi