Page 26 - Spicejet

Now, make payment through mobile phones: SpiceJet to fliers

SpiceJet has a fleet of 49 planes and operates an average of 340 daily flights

Spicejet adds 19 domestic, 3 international new flights to summer schedule

Besides, frequencies have been enhanced in certain routes, including Dehradun-Delhi, Bengaluru-Kochi

SpiceJet's Ajay Singh pays Rs 2 lakh to settle case with Sebi

The Securities and Exchange Board of India (Sebi) has settled a case against SpiceJet promoter Ajay Singh in the matter related to the alleged disclosure lapses in the acquisition of the equity shares by paying around Rs 2 lakh.On January 15, SpiceJet informed the BSE that Kalanithi Maran and his associates had decided to transfer the ownership and management control of the airline to Ajay Singh, former promoter and his associates. Post this, Singh reportedly moved to the regulator to make a case for an exemption from an open offer.Typically, an entity is supposed to make an open offer while acquiring management control or over a 25 per cent stake or voting rights in a listed firm. But regulator can grant an exemption under Section 10 of the (Substantial Acquisition of Shares and Takeovers) regulations in the interest of investors. After considering airlines conditions at that point of time, Sebi had exempted the new promoters of the airlines from making the offer to minority ...

With improved performance SpiceJet pips Jet Airways in market cap

Reports profit for 2 years, over 90% load factor for 23 months, best on-time show for 5 months

SpiceJet aims to enter retail business through wholly-owned stores

Experts cry foul saying this will be diversion from core business plan

SpiceJet extends gain for 2nd day after Delhi govt cuts tax on ATF

The stock rallied 6% to Rs 82.20 in intra-day trade, extending its previous day's 3% gain on BSE,

Stinking loo forces Delhi-bound SpiceJet flight to divert to Hyderabad

There were 184 passengers and four infants on board the Boeing 737 plane

Transaction fees: NCDRC asks Spicejet to pay Rs 50,000 to two flyers

NCDRC directed the airlines to pay to each of the complainants a total sum of Rs 25,125

With Boeings, SpiceJet strengthens revival plan

Low crude oil prices were the key to SpiceJet's quick turnaround

SpiceJet shares tank nearly 7% after Q3 net profit drops

Company's market valuation fell by Rs 260 crore to Rs 3,597 crore

SpiceJet profit crashes 24% on note ban, rising fuel prices

Expenses rose to Rs 1,520 crore, against Rs 1,209.2 crore in the year-ago period

SpiceJet Q3 net dips 24.5% at Rs 181 cr on note ban, high fuel cost

Airline reported operating revenue of Rs 1,642.4 cr as its seat load factor remained robust at 90.7%

Had I not taken Spicejet, it would have been another Kingfisher: Ajay Singh

In a Q&A, Spicejet's CEO says while demand for flying is strong, rising crude could play spoilsport

SpiceJet ready to shift part of its operations to Delhi's Terminal 2

DIAL has asked three airlines to shift operations from T1D to T2 to carry out expansion work

We plan to add 10 Boeing aircraft by 2018, says SpiceJet's Ajay Singh

The airlines is also focusing on reducing fuel costs & increasing its share of ancillary revenue

SpiceJet sweetens partnership with Boeing, places $22-billion order

SpiceJet has announced a fresh order for 150 aircraft from the American aerospace company

SpiceJet strikes Rs 1,50,000 cr deal with Boeing for 205 planes

Currently, SpiceJet has 32 next generation B737s and 17 Bombardier Q400s

SpiceJet shares soar over 4% on Boeing deal worth Rs 1,50,000 crore

It earlier ordered for 55 planes and additional 100 new 737-8 MAX aircraft

SpiceJet to buy 100 planes from Boeing as it prepares for long-haul flights

Singh said the purchase rights include an option to buy wide-body aircraft for long haul journeys

SpiceJet to place order for 90-100 new planes

Airline is likely to place the order with US aircraft maker Boeing