Page 7 - Spicejet

Under Covid stress, SpiceJet's net loss widens to Rs 729 cr in Q1

The company says it continues to incur various costs owing to the grounding and the inability of Boeing 737 Max aircraft to undertake revenue operations

SpiceJet announces transfer of logistics business to SpiceXpress

SpiceJet on Tuesday announced it was transferring its cargo and logistics services on a slump sale basis to its subsidiary SpiceXpress and Logistics Private Limited.

SpiceJet shares close down over 4% after loss of Rs 729 crore in Q1

Shares of SpiceJet on Monday declined by more than 4 per cent at close after the company reported a loss of Rs 729 crore for the April-June quarter

Sensex rallies for 3rd day, gains 145 pts; Nifty ends at 16,563; RIL up 1%

The advance-decline ratio remained skewed in favour of seller, highlighting underlying bearishness in market.

Stocks to watch: Devyani Int'l, Windlas, Krsnaa, Exxaro Tiles, Voda Idea

Oil and Natural Gas Corp's net profit soared by nearly 800 per cent in the first quarter of the current fiscal after more than doubling of oil prices compensated for a fall in production

Top headlines: SpiceJet Q1 loss widens; exports jump nearly 50% in July

Business Standard brings you the top headlines this evening

Stocks to watch: Tata Steel, Eicher Motors, Hero Moto, SpiceJet, Dish TV

NMDC posted an over six-fold jump in its consolidated net profit to Rs 3,191.30 crore in the first quarter ended June

SpiceJet Q1 preview: Analysts eye liquidity measures, growth in cargo biz

SpiceJet Q1 result: SpiceJet currently sits on a debt pile of approximately Rs 3,000-3,500 crore, of which Rs 1,000 crore is on the balance sheet and Rs 2,000-2,500 crore is from the deferred leases

India set to clear Boeing 737 Max to fly again within days: Report

India, until recently the world's fastest growing aviation market, is increasingly key for global planemakers

SpiceJet, Go First not paid Rs 2.74 cr for Ahmedabad airport's runway: Govt

SpiceJet, Go First airlines have not paid approximately Rs 2.74 crore for using the Ahmedabad airport's runway till June 1 this year, Minister of State for Civil Aviation V K Singh said on Wednesday.

Low-cost airline SpiceJet to launch 16 new flights from August

Bhavnagar will now be connected to Delhi, Mumbai and Surat with direct flights starting August 20.

Analysts see up to Rs 2,700 crore loss for IndiGo in June 2021 quarter

High oil prices and weaker rupee is likely to hit financial performance in Q1FY22

Four Indigo, Spicejet airlines staff among 7 arrested for gold smuggling

Seven persons, including four staffers of Indigo and Spicejet airlines, were arrested by the customs officials at Indira Gandhi International (IGI) airport

Top headlines: Govt considers tax ordinance; Microsoft seeks Telangana deal

Business Standard brings to you the top headlines on Wednesday

Air India privatisation: SpiceJet's Ajay Singh has a risky flight plan

Even as the low-cost airline he runs has shrunk to survive the pandemic, many are questioning his plans to bid for national carrier Air India

Air traffic grows 47% in June as Delhi, Maharashtra ease Covid-19 curbs

Industry-wide passenger load factor rose to 62.9% in June from May's 50.5%. SpiceJet had the highest load factor of 70%.

SpiceJet ties up with eee-Taxi to deploy EVs for employees' movement

SpiceJet said it has tied up with startup eee-Taxi to deploy a fleet of electric vehicles for movement of its employees so that the logistics cost, travel time and carbon footprint can be reduced.

SpiceJet to start eight new flights connecting MP from Friday: Scindia

SpiceJet will start eight new flights connecting Madhya Pradesh with Maharashtra and Gujarat from Friday onwards, Civil Aviation Minister Jyotiraditya Scindia said on Sunday. Good news for Madhya Pradesh! Starting 8 new flights from July 16 onwards via SpiceJet: Gwalior-Mumbai-Gwalior; Gwalior-Pune-Gwalior; Jabalpur-Surat-Jabalpur; Ahmedabad-Gwalior-Ahmedabad, the minister said on Twitter. The Civil Aviation Ministry & the aviation industry are committed to take UDAN to greater heights! he added. Under the regional connectivity scheme UDAN, financial incentives from the Centre, state governments and airport operators are extended to selected airlines to encourage operations from unserved and underserved airports, and keep airfares affordable.

SpiceJet to launch 42 new domestic, int'l flights between July 10 and 30

SpiceJet will launch 42 new domestic and international flights between July 10 and 30, according to an official statement issued on Thursday.

Stocks to watch: Vodafone Idea, SpiceJet, Union Bank, Dish TV, auto stocks

Shares of auto companies will be in focus as firms will release their sales figures for the month of June