While revenue from operations halved, SpiceJet gained due to Rs 209 crore of other income, including claims due from Boeing towards grounding of 737 Max and concessions in lease rent from lessors
The total revenue from operations fell 53.7 per cent to Rs 1,691 crore from Rs 3,656 crore in the same period, a year earlier
The aviation sector was severely hit by the pandemic
During the three months to December, Brent crude prices declined 28 per cent YoY while domestic aviation turbine fuel (ATF) prices plunged 31 per cent YoY
Except IndiGo, airlines resist lifting of cap as traffic uncertain
SpiceJet has added two wide-body planes, a B767 and a A330 model, to its cargo fleet to transport items
India began its vaccination drive last week
SpiceJet carried India's first consignment of Covid vaccine 'Covidshield' consisting of 34 boxes and weighing 1,088 kilograms from Pune to Delhi, said Ajay Singh, CMD, SpiceJet
SpiceJet health firm's plan for vaccine rollout, a new British govt study on the UK variant, 2020 in pictures-news relevant to India's fight against Covid-19
Air freight forwarder Skyways Air Services on Monday said it has joined hands with budget carrier SpiceJet for transporting COVID-19 vaccine across India.
Mudita Express Cargo has signed a memorandum of understanding (MoU) with SpiceJet for the distribution of Covid-19 vaccines
As part of this MoU, SpiceXpress - the cargo arm of SpiceJet - envisions to provide efficient, speedy and reliable solutions for vaccine delivery
India has suspended all flights to and from the UK till December 31 to prevent the new aggressive strain of the novel coronavirus from entering the country
Speciality Restaurants, Kirloskar Ferrous, RPP Infra, Chennai Petroleum, Rane Holdings, Shalimar Paints, RK Forgings and Safari Industries from the smallcap index tumbled over 10%
SpiceJet will provide the necessary air support to carry Covid-19 vaccines pan-India and internationally in a temperature-controlled environment
The stock of SpiceJet, for instance, has soared 80 per cent in the past month, from a level of Rs 49.6 apiece on the BSE (on closing basis) to Rs 89.3 on December 4
SpiceJet rallied 13 per cent to Rs 91.85 on the back of heavy volumes, while InterGlobe Aviation-run IndiGo gained 5 per cent to Rs 1,731 on the BSE
It is also leasing wide-body A340 planes, which have allowed it to expand its reach
SpiceJet said it is gearing up to provide logistics support for Covid vaccine with dedicated freighter division. It has the capability to transport extremely sensitive drugs in controlled temperatures
The flight was operated by SpiceXpress, the dedicated cargo arm of SpiceJet.