Market leader IndiGo had registered a pre-tax loss of Rs 2,849 crore during the same period
Budget carrier SpiceJet reported a net loss of Rs 600.5 crore for the first quarter ended June 30, owing to the suspension of flight operations due to the coronavirus-induced lockdown
All that happened in the markets today
'The airline has been slow and stodgy in its management in this time of crisis,' says an aviation industry analyst
Airline's net worth has eroded completely and it will find it deposit to deposit the amount in the deadline of 6 months.
From Delhi High Court asking SpiceJet to deposit Rs 243 cr, Vodafone Idea rebrands itself 2 years after merger to Maruti Suzuki posting 11% rise in August production, here are top news of the evening
Private airlines in India are battling losses. The crisis gives them an opportunity, but there are challenges, too. Sai Manish lists the challenges for an Indian private airline to fly international
Indian airlines resumed domestic operations from May 25 after being grounded for two months
In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus
Airline major SpiceJet operated its first-ever long-haul cargo flight from Delhi to Frankfurt using wide-body Airbus A340 aircraft
"Covid-19 will inflict an unprecedented financial impact on the industry. Airlines are the most vulnerable, with some carriers at breaking point," CAPA said
The strategies of the second and third-largest private airlines - GoAir and SpiceJet - offer a study in contrast
A possible bid for this troubled state-owned airline could be the first move towards bulking up its underwhelming aviation business
SpiceJet launched a frequent flyer programme called "SpiceClub" under which members can earn up to 10 reward points on every Rs 100 spent on flight booking, upgrades, meals and other add-ons
With the latest induction, SpiceJet will have a dedicated fleet of nine freighter aircraft consisting of five Boeing 737s, three Bombardier Q-400s and one Airbus A340
Airlines flew 2.1 mn passengers in July, against 1.9 mn in June
The automated agent will also resolve customer's queries on WhatsApp, the airline said, adding that it is also available on its website and mobile app
Despite the Covid-19 pandemic, analysts say the Indian aviation sector holds promise from a long-term perspective and that the macro-economic factors remain conducive
With the Covid-19 pandemic slowing the once-booming domestic market, Indian carriers are discovering virtues in the international passenger and cargo business
SpiceJet said it has launched a revamped complimentary in-flight entertainment called 'SpiceScreen' that can be accessed by passengers on any of their personal hand-held devices