While travel demand in December remains strong and airlines continue to see around 380,000 daily passengers, forward bookings are looking weak.
However, near-term concerns will continue to weigh on the stocks as Omicron spread puts a spanner on the growth trajectory, say analysts
MedPlus Health sees bumper debut, lists at 31% premium; Infosys hits new all-time high, stock ends higher for third session, analysts bullish on IndiGo and SpiceJet despite travel curbs
In 2017, SpiceJet had signed an agreement with De Havilland for the purchase of 25 Q400 aircraft
The broader markets outperformed, the BSE Midcap and Smallcap indices were up 0.3 per cent and 0.8 per cent, respectively
SpiceJet on Thursday said its 737 Max plane, which was heading from Mumbai to Kolkata, returned to Maharashtra's capital city due to a technical issue.
CDS Gen Bipin Rawat, his wife Madhulika Rawat and 11 other persons on board have died in a chopper crash in Tamil Nadu on Wednesday
Rate sensitives' like auto, financials and real-estate shares logged smart gains in trade on Wednesday
Spice Jet has announced that it would file an appeal in the Madras High Court against an order of the single bench of the high court directing the airline to wind up its operation
The Court on Monday ordered winding up of the airline on a petition filed by Credit Suisse over unpaid dues of $24 million
The carrier said it has a good case on merits and was hopeful of having favourable outcome in the appeal
The Madras High Court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the High Court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm under the provisions of the Companies Act, 1956 and appoint the Official Liquidator of the High Court as the Liquidator with all powers under Section 448 of the Companies Act to take charge of SpiceJet's assets, properties, stock in trade and books of accounts. The "respondent company (SpiceJet) has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co. v. Madhu Woollen Industries (P) Ltd., and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956," ...
The AAI owns 125-odd airports across the country. Airlines have to regularly pay various charges such as landing charges and parking charges to the AAI to operate aircraft from its airports
The return flight, minus the minister, was swift and with less incident - as short trips tend to be
Two SpiceJet's Max planes out of the total 13 in its fleet have started operating commercial flights from Sunday
Budget airline SpiceJet, on Tuesday recommenced flight services on Boeing 737 MAX aircraft.
In India, airlines are required to provide 15 kg of check-in bags free
Besides cash, the Indian carrier to get two freighters as part of the deal
Maruti and Asian Paints were the top gainers among the Sensex 30 stocks, up 2.3 per cent each
The settlement will allow the resumption of new aircraft deliveries from SpiceJet's order of 155 MAX aircraft