Budget carrier SpiceJet has also increased its ticket cancellation charges by over Rs 350, days after its competitor IndiGo announced a flat charge of Rs 2,250 even as the DGCA deadline for airlines to submit their response on the issue ended on Friday
Delhi High Court Thursday asked the Bombay Stock Exchange (BSE) and Securities and Exchange Board of India (SEBI) on what decision they have taken with regard to the application of Spicejet and Kalanithi Maran for issuance of stock warrants in the airline to him.
Budget carrier SpiceJet expects to address all its legacy issues, including those related to aircraft costs, in the next 2-3 quarters after tackling the low-hanging ones, its chief Ajay Singh has said.
To reduce overall costs, SpiceJet is re-negotiating contracts related to aircraft lease, engineering, maintenance and other areas as some of the pacts are "out of sync" with realities, airline's chief Ajay Singh said.
Low-cost airline SpiceJet Monday said it has rolled out a special one-way low-fare offer, starting at Rs 826 sans taxes for domestic flights and Rs 3026 plus taxes for an international journey for a limited period to commemorate the Republic Day.