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SpiceJet operations News

21 May 2015

SpiceJet says to raise more funds, increase fleet size

In March, Indian courts had ordered India`s aviation regulator to deregister 11 of SpiceJet`s Boeing planes.

01 Apr 2015

On revival path, SpiceJet sees return of pilots who flew the coop

With no-frills airline SpiceJet on a revival path following the return of Ajay Singh as its new owner, a section of its pilots who had quit the carrier last year have decided to rejoin the job.

01 Apr 2015

SpiceJet makes part payment of dues to AAI

Budget carrier SpiceJet has made a part payment of its dues to the state-run Airports Authority of India (AAI) and also signed an agreement with aircraft leasing firm BBAM to settle out of court the dispute over Boeing rentals.

SpiceJet operations

27 Mar 2015

SpiceJet running short of planes for scheduled flights

SpiceJet is scheduled to make 280 daily flights from next week.

SpiceJet operations

25 Mar 2015

HC asks DGCA not to de-register SpiceJet planes till April 6

The airline had moved the High Court seeking orders to DGCA not to de-register its six aircraft leased from two lessors.

20 Mar 2015

SpiceJet negotiating with aircraft lessors over rent default

The airline has reached in-principle understanding with one of the two lessors already, and is in advanced discussions with the other lessor.

20 Mar 2015

SpiceJet says expects to resolve settlement disputes with lessors shortly

Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly, and that there will be no grounding of aircraft or disruption in operations.

SpiceJet operations

23 Jan 2015

Govt approves SpiceJet's 'reconstruction & revival' plan

Budget carrier SpiceJet on Friday said the government has approved its "reconstruction and revival" plan submitted to the Civil Aviation Ministry on January 15.

SpiceJet operations

22 Jan 2015

DGCA allows SpiceJet to open advance bookings beyond March 31

The summer schedule of the airlines in India commences from March 29 and lasts up to October end.

SpiceJet operations

19 Jan 2015

SpiceJet may axe 2000 jobs to cut losses; rejig top management

Indicating the prospects of a lay off, Sun Group CFO has said that if SpiceJet has to stay in this sector then the huge manpower must be trimmed down.

SpiceJet operations

14 Jan 2015

No fund diversion: SpiceJet

Budget carrier SpiceJet Wednesday refuted a report that it had diverted funds to other group companies of parent firm Sun Group.

SpiceJet operations

30 Dec 2014

SpiceJet asked to pay $31.5 mn to state airport operator

Cash-strapped SpiceJet needs urgent funding to continue operations smoothly.

SpiceJet revival plan

26 Dec 2014

SpiceJet to submit revival plan to government today

Beleaguered budget carrier SpiceJet would submit a revival plan to the government on Friday on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase, as per sources.

SpiceJet operations

25 Dec 2014

JPMorgan fund in talks on taking $200 mn stake in SpiceJet: Report

Ajay Singh, who helped set up the low-cost airline in 2005, is leading a rescue plan for SpiceJet and has met with aviation ministry officials to discuss a revival plan.

20 Dec 2014

SpiceJet resumes normal operations

The operations of the budget carrier SpiceJet, which were hit severely last week due to the non-payment of dues to the oil companies and regulatory issues, returned to normal Saturday with the airline operating 124 flights till this afternoon.

SpiceJet operations

19 Dec 2014

AAI extends credit facility to SpiceJet till December

Cash-strapped SpiceJet's troubles seem to be far from over as the AAI has agreed to extend credit facility to the airline only for 15 days till December 31.

SpiceJet operations

19 Dec 2014

SpiceJet rescue plan marks bold bet on Indian aviation recovery

The co-founder of SpiceJet is leading a $240 million rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industry plagued by high costs and heavy losses.

SpiceJet shares

19 Dec 2014

SpiceJet shares soar about 20% on hopes of revival

Shares of SpiceJet zoomed almost 20 percent on Friday on expectations of revival of the distressed air carrier.

SpiceJet operations

19 Dec 2014

SpiceJet runs extra flights to clear passenger-backlog

SpiceJet said that its operations are back to normal and bookings are now open until 28th March 2015.

SpiceJet operations

18 Dec 2014

SpiceJet resumes operation, pays cash to buy jet fuel

Troubled airline SpiceJet resumed operations on Wednesday after being forced to cancel over 150 flights with oil marketing companies refusing to refuel its planes forcing the budget carrier to pay Rs 3 crore last evening to buy jet fuel.

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