Page 18 - Spicejet

Plane trouble in India as Boeing suspends 737 Max production

Spicejet has the biggest orders of 737 Max planes, will need to re-evaluate its future expansion plans.

Indian airlines set for $600-million loss in FY20, says CAPA report

CAPA estimates Air India to post a loss of $500 million this year, due to the grounding of over 20 aircraft

Airlines fail to gain from fuel price cut, may post $600 mn loss in FY20

The financial projections are based on the assumptions that oil prices are in the range of $60-65 per barrel, exchange rate is Rs 70-72 against USD and that airlines maintain pricing discipline.

Going solo

Through ups and dramatic downs, SpiceJet's Ajay Singh is steering his rocky boat all on his own

Top headlines today: Brokers under lens for fund abuse, RCom sale & more

From SpiceJet liquidity crunch to Paytm raising $1 bn, here are the top 10 business headline of the day

SpiceJet faces liquidity crunch, plans to raise Rs 750 crore via QIP

The prolonged grounding of the Boeing 737 MAX aircraft has put pressure on the airline's cost control

SpiceJet flight with 175 passengers makes precautionary landing at Raipur

The flight, bound for Mumbai from Guwahati, made a precautionary landing at the airport after a passenger complained of heart problems

Airlines may go telcos' way if low-fare regime does not end: SpiceJet CEO

If Indian airlines do not follow pricing discipline, they will see a similar financial strain: Ajay Singh

SpiceJet inks codeshare flight agreement with Gulf Air to expand reach

The scope of MoU also includes collaboration in the field of pilot training, coordinated cargo and engineering services

New Delhi metro station starts check-in facility for three more airlines

For GoAir, this facility would only be for passengers travelling on international flights, the press release issued by Delhi International Airport Limited (DIAL) said

SpiceJet in talks with Boeing to buy more 737 Max planes: Ajay Singh

Discussions are taking place and the size of the order hasn't been determined, Singh said

AirAsia to SpiceJet, Asian airlines slash flights to Hong Kong amid unrest

The unrest, raging for almost six months, and an escalating Sino-U.S. trade war has pushed the Asian financial hub into recession for the first time in a decade.

High-flying SpiceJet loses some of its speed as costs rise, yields weaken

What belied hopes of the Street was the muted increase in yields at 1.9 per cent, compared to the 3.5 per cent estimated by them

SpiceJet bets global expansion plan on early return of 737 Max aircraft

The company has accounted over Rs 170 crore as losses incurred due to the grounding during Q2, 2019-20

Analysts maintain 'buy' call on SpiceJet despite loss in Q2; here's why

ICICI Securities remains positive on the stock considering the overall low capacity growth in Indian airlines & expected improvement in operations over the next two years with better cost management

Top business headlines: Vodafone's India crisis, retail inflation, and more

From Supreme Court striking down amended Finance Act rules for tribunals to SpiceJet second quarter loss, Business Standard brings you the top business headlines for the day

SpiceJet reports Rs 462-crore loss in Sep quarter on higher costs

The numbers could havebeen worse, if the Rs 171-crore compensation from aircraft manufacturer Boeing wasn't accounted for - a component that was contested by the airline's auditor

SpiceJet net loss widens to Rs 463 crore on higher costs in Sep quarter

It had a net loss of Rs 389.37 crore in 2018 September quarter

SpiceJet Q2 preview: Analysts estimate 8x EBITDAR growth, loss to narrow

The brokerage pegs the sales revenue at Rs 2,817 crore, up 50.3 per cent from Rs 1,874.8 crore logged in Q2FY19. This would, however, translate to a 6.2 sequential decline.

SpiceJet board to meet on November 13 to consider Q2 financial results

In a regulatory filing, the company said its board of directors would meet on November 13.