Page 48 - Spicejet

AirAsia to SpiceJet, Asian airlines slash flights to Hong Kong amid unrest

The unrest, raging for almost six months, and an escalating Sino-U.S. trade war has pushed the Asian financial hub into recession for the first time in a decade.

High-flying SpiceJet loses some of its speed as costs rise, yields weaken

What belied hopes of the Street was the muted increase in yields at 1.9 per cent, compared to the 3.5 per cent estimated by them

SpiceJet bets global expansion plan on early return of 737 Max aircraft

The company has accounted over Rs 170 crore as losses incurred due to the grounding during Q2, 2019-20

Analysts maintain 'buy' call on SpiceJet despite loss in Q2; here's why

ICICI Securities remains positive on the stock considering the overall low capacity growth in Indian airlines & expected improvement in operations over the next two years with better cost management

Top business headlines: Vodafone's India crisis, retail inflation, and more

From Supreme Court striking down amended Finance Act rules for tribunals to SpiceJet second quarter loss, Business Standard brings you the top business headlines for the day

SpiceJet reports Rs 462-crore loss in Sep quarter on higher costs

The numbers could havebeen worse, if the Rs 171-crore compensation from aircraft manufacturer Boeing wasn't accounted for - a component that was contested by the airline's auditor

SpiceJet net loss widens to Rs 463 crore on higher costs in Sep quarter

It had a net loss of Rs 389.37 crore in 2018 September quarter

SpiceJet Q2 preview: Analysts estimate 8x EBITDAR growth, loss to narrow

The brokerage pegs the sales revenue at Rs 2,817 crore, up 50.3 per cent from Rs 1,874.8 crore logged in Q2FY19. This would, however, translate to a 6.2 sequential decline.

SpiceJet board to meet on November 13 to consider Q2 financial results

In a regulatory filing, the company said its board of directors would meet on November 13.

India will be the world's fastest-growing market over 20 yrs: Boeing

SpiceJet Ltd., which has as many as 205 737 Max jets on order, has said it may buy at least 100 Airbus planes worth more than $10 billion

SpiceJet promoter Ajay Singh pledges 2.78% shares to secure credit facility

With the latest pledge of shares, a total of 26.32 per cent shareholding of Singh is now encumbered.

Festive season fails to lift air travel demand despite flash sales

Aviation experts blamed low business activity, muted consumer sentiment and closure of Jet Airways as main reasons for the lower number of passengers flying

Indian airlines to slip into loss in Q2 on jet fuel cost, weakening rupee

While fuel cost is the single largest cost head for airlines, a weaker rupee means higher maintenance outgo, increased lease and interest costs on foreign currency loans

SpiceJet to set up first overseas hub in UAE; plans new airline

The emirate would be SpiceJet's first international hub as the carrier looks to boost its connectivity to the Gulf as well as to European destinations

Tax cuts a must to make Indian airlines globally competitive: SpiceJet CMD

Indian carriers are paying a much higher cost of operation and, therefore, they are not competitive with others, he said

DGCA's clerical error forced Pakistan to chase SpiceJet aircraft

The reason for the mistaken identity was a clerical error by an official of India's aviation regulator

One sector that's looking up: Airlines are buying planes, slashing prices

According to an industry estimate, scheduled carriers in India will add at least 30 aircraft by the year end, of which 20 would come in by the first week of November

SpiceJet may take more of Jet Airways' 737 MAX planes, says chairman

The grounding of MAX planes has hurt SpiceJet's capacity expansion and international plans and raised costs

DGCA orders check for cracks in 23 SpiceJet Boeing 737-NG aircrafts

Nineteen passenger aircraft above 26,000 flight cycles and four freighters having above 36,000 cycles of SpiceJet will be affected by the order

DGCA suspends licenses of two SpiceJet pilots over technical lapses

A SpiceJet Boeing 737-800 plan made an air turn back due to pressurisation failure on June 14 this year