Page 55 - Spicejet

Bombardier signs pact with Spicejet for largest ever Q400 turboprop order

Based on list prices, order for 50 aircraft is valued at up to $1.7 bn

SpiceJet skidding incident disrupts schedules, raises safety concerns

The skidding of SpiceJet Boeing 737 plane at Mumbai on Tuesday night disrupted flight operations and put a spotlight on safety concerns at the airport.Fifty one flights were diverted and over 150 canceled through the day following the closure of main runway. Fluctuating winds and poor visibility compounded the problem. No one was injured in the incident but it brought to fore safety issues at the country's second busiest airport.Mumbai airport has two intersecting runways (09/27 and 14/32) and aircraft land and take off from all four directions. International Civil Aviation Organisation recommends provision of a runway end safety area (RESA) at the end of each runway which helps reduce the risk of aircraft damage in case of an excursion. For that reason the safety area is built using materials which arrest aircraft speed and is of different grade than runway surface.However one end of Mumbai's main runway lacks a separate safety area (RESA). In 2009 a RESA was carved out by ...

SpiceJet plane skids off Mumbai runway; passengers rescued using chutes

DGCA to inquire into the incident

Excess baggage fee needed to keep fares lucrative: SpiceJet

The airline, however, emphasised that it has kept reasonable amount of luggage free for passengers

SpiceJet to hike excess baggage fee from Rs 100 to Rs 300/kg

Delhi High Court on Wednesday set aside capping of fee for excess checked-in baggage on airlines

SpiceJet promoter Ajay Singh rules out diluting stake to raise money

Says cash flow enough to handle expenditure of litigation and bulk aircraft order

SpiceJet Q1 net up 18% at Rs 175 cr

Passenger yields rose 9% during the quarter, while average load factor was 94.07%

Who owns SpiceJet? Kalanithi Maran claims deal with Ajay Singh is dead

SpiceJet spokesperson says former promoters' claims are baseless and false

Did you know? Ajay Singh bought SpiceJet for only Rs 2 from the Marans

Singh took control of the airline last January acquiring 58.46 per cent shares of the airline

Share transfer dispute: SpiceJet must deposit Rs 579 cr, Delhi HC rules

The Delhi High Court on Monday dismissed budget carrier Spicejet and its co-founder Ajay Singh's appeals against a earlier single judge order asking the company to pay Rs 579 crore to Kalanithi Maran and his KAL Airways as interim relief in a share transfer dispute, while directing the two sides to initiate arbitration.Justices S Ravindra Bhat and Yogesh Khanna however modified the July 29, 2016 single judge order and directed Spicejet to deposit Rs 250 crore in cash and Rs 329 crore as bank guarantee by August 31 and July 31 respectively. The court concluded that the modification of the earlier order - requiring Spicejet to provide the entire Rs 579 crore amount in equal installments over a twelve month period - was essential in light of the unpredictable nature of likely injury that could be caused to the commercial operations of the company if the entire amount was secured through a deposit. Reacting to the high court decision, Spicejet Limited shares fell by more than 10 ...

Not strong enough to take on a gamble: SpiceJet chief on AI buyout

SpiceJet chief Ajay Singh said that he considered the state-owned air carrier a 'good asset'

US Vice-President Pence wants to visit SpiceJet office, says CEO Ajay Singh

SpiceJet was lauded by US President Trump for an order of 100 new planes with Boeing

SpiceJet's aircraft order to create US jobs: Trump

The order is expected to create 1,32,000 high-skilled jobs in US

Necessary for India to produce commercial jets: SpicieJet CEO Ajay Singh

SpiceJet had announced an order worth $22 billion with the US aircraft maker in January

Who would have thought SpiceJet would rally 600% in two years!

The gains have come after Ajay Singh took over the reins from Kalanithi Maran in February 2015

SpiceJet plans to buy 50 turboprop planes from Bombardier for $1.7 billion

At the current exchange rate, the order will be worth over Rs 10,900 crore

SpiceJet hits new high on signing pact with Boeing for 40 737 Max airplanes

The stock hit a new high of Rs 128, up 2.4% on BSE.

SpiceJet places order for 20 Boeing 737 MAX 10 planes

Order is for 20 new 737 MAX 10 planes and conversion of 20 of SpiceJet's 737 MAX 8 aircraft

SpiceJet enters e-commerce, ties up with Amazon to sell its brand online

The strategic alliance would offer SpiceStyle's entire portfolio of brands on the shopping portal

Fly IndiGo, SpiceJet at prices as low as Rs 899; find full fare list here

IndiGo today announced its special monsoon offer of low fares to 39 domestic destinations