Airlines flew 12.7 million passengers last month compared to 12.5 million passengers on YoY basis.
Incentives crucial for its survival as 737 MAX grounding stalls expansion plans
The no-frills carrier has been impacted by the grounding of its 13 Boeing 737 MAX planes since March last year as it is incurring various costs related to the aircraft
"This profit is after a non-cash forex charge on account of Ind AS 116 of Rs 75.9 crore without which the profit would have been Rs 149.1 crore," SpiceJet said in a release.
On the operational front, Passenger Load Factor came in at 91.9 per cent in Q3, with the fleet size growing to 119 aircraft as on December 31, 2019.
The aircrafts from Boeing, which were expected as improved and more fuel efficient, were grounded in March 2019, according to reports, after two of the aircrafts crashed within five months
Bhatia was the Chief Sales and Revenue Officer at SpiceJet before she quit in August last year and joined Indigo
From good times, India's airlines flew into hard times last year, with cut-throat competition ensuring cheap tickets but also pushing some companies in the red. Here is what 2020 might hold for them
In this "SpiceDemocracy" initiative, the airline stated that if the departure to Delhi and return from the city is on February 8, it will refund the entire base fare on both tickets
The airline also said that there was no security lapse in its systems.
SpiceJet on Wednesday suspended stand-up comedian Kunal Kamra from flying with it after he allegedly heckled journalist Arnab Goswami aboard an IndiGo Mumbai-Lucknow flight. SpiceJet is the third airline to take action against Kamra. While IndiGo suspended Kamra from flying with it for a period of six months on Tuesday itself, Air India banned him until further notice. Aviation Minister Hardeep Singh Puri had taken note of the incident on Tuesday and "advised" other airlines in India to impose similar restrictions on Kamra, stating "offensive behaviour designed to provoke & create disturbance inside an aircraft is absolutely unacceptable & endangers safety of air travellers". On Wednesday morning, SpiceJet said on Twitter, "SpiceJet has decided to suspend Mr. Kunal Kamra from flying with the airline till further notice." An AirAsia India official told PTI that the airline is waiting for the aviation regulator DGCA to issue a formal notice, and after then it will take action ...
SpiceJet had 13 Boeing 737 Max in its fleet (and 155 planes of the type on order), which were grounded following a global ban last March
The Indian civil aviation regulator will conduct its own tests before re-certifying them
Results have major ramifications for smaller airports where airline staff are directly responsible for screening checked-in baggage
A mix of both 189-seater Boeing 737s as well as 90-seater regional jets Bombardier Q400s will operate these new flights
Pilot appointment, however, cannot be equated with pilot availability.
SpiceJet reported 93 per cent load factor for November, led by a 45 per cent jump in passenger traffic
SpiceJet has four freighter planes that operate on domestic as well as international routes
In the past six days, SpiceJet's share price has slipped 7 per cent
The SpiceJet flight was forced to abort landing after noticing that the plane was on final approach without deploying its nose landing gear