Page 8 - Spicejet

SpiceJet to raise Rs 2,500 crore to fund working capital requirements

SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital

Top headlines: SC orders compensation for Covid dead, discoms get help

Business Standard brings you the top news of the evening

Spicejet is making money off grounded Boeing 737 Max aeroplanes

Airline expects to get Rs 10.9 billion as compensation from Boeing for not being able to fly its 13 Max aircraft.

SpiceJet plans to raise funds through equity; shares gain over 2%

No-frills carrier SpiceJet plans to raise funds through issuance of equity shares or debt instruments and the proposal will be discussed at its board meeting on Wednesday.

Tighten your seatbelts

For over a year now, uncertainty has ruled the world and India, too, remains in choppy waters, choppier than most

How Indian aviation sector braved Covid turbulence better than global peers

Compared with other major countries during Covid-19, domestic airlines have precariously stayed the course

SpiceJet, IndiGo ready for new war zone as cargo biz continues upward swing

Analysts remain sceptical on the profitability from freighter business

Top Headlines: GST meet to discuss Covid; TCS stock 'gives 3,000% return'

Business Standard brings you top news on Friday

Analysts bet on larger players in travel & tourism space post RBI's support

In a bid to alleviate the adverse impact of the second wave of the pandemic on "contact-intensive sectors", RBI governor Shaktikanta Das announced a separate liquidity window of Rs 15,000 crore

Open up vaccination to India's private sector: SpiceJet scion Avani Singh

SpiceHealth was founded in November last year, quickly becoming a first mover in cheap testing for Covid-19.

Covid-19 pandemic: Govt cuts airline capacity to 50% from June 1

Decision divides industry with experts calling it interference in commercial freedom of airlines

SpiceJet gets relief on aircraft lease default case in British court

The court refused to take any action against SpiceJet on the grounds that forcing the airline to pay at this stage could result in the airline's insolvency

Mid-air wedding in SpiceJet chartered flight comes under DGCA scanner

A mid-air wedding in the presence of guests and relatives took place inside a SpiceJet chartered flight on May 23 morning wherein COVID-19 social distancing norms were violated, sources said on Monday. The chartered flight left the Madurai airport and remained airborne for approximately two hours on Sunday morning before returning there, they added. A senior official of aviation regulator Directorate General of Civil Aviation (DGCA) said that the flight crew has been off-rostered for not enforcing the social distancing norms onboard. SpiceJet has been directed to lodge a complaint with relevant authorities against those people who did not follow the COVID-19 norms inside the flight, the official said. He also said that the DGCA "will take strict action" after it completes its probe into this matter. Images and videos of the mid-air wedding were circulated on social media on Monday. The images and videos purportedly show people standing extremely close to each other as the couple t

SpiceJet plane with 31 boxers lands in Dubai after declaring fuel emergency

The plane was carrying ace pugilist Mary Kom and 30 other members of an Indian boxing contingent from Delhi

Will Go Air's IPO initiate sector re-rating? Here's what analysts think

Go Air's debut on the exchanges may not trigger a re-rating for incumbent players, believe analysts, who expect turbulent times for the sector in the foreseeable future coupled with high valuations

Croatia: SpiceJet crew spend 21 hrs inside aircraft over RT-PCR rule change

The flight crew of SpiceJet's Delhi-Zagreb flight had to spend around 21 hours inside the aircraft at the Zagreb airport as there was a sudden change in rules making negative RTPCR test results mandatory for anyone coming from India, the airline said on Saturday. The crew were not allowed to come out of the plane and they conducted the return flight to Delhi -- after the 21-hour rest period -- without passengers or cargo. "Prior to departure from India, email confirmation was received from Croatian authorities that RTPCR is not required for crew," the airline's spokesperson said. On arrival in Zagreb on Tuesday, the crew, including four pilots, as well as cabin crew members, was told that the orders have changed. "Due to sudden and massive increase in COVID cases in India, they were then instructed that RTPCR test is required. This came as a surprise," the airline's spokesperson said. India recorded 3,26,098 coronavirus cases and 3,890 deaths on Saturday. Since the crew could not

SpiceJet to start Covid-19 vaccination drive for all employees from May 17

Budget carrier SpiceJet has said it will start a company-sponsored vaccination drive for all its employees from May 17. The drive will commence from Delhi and Gurugram, which is SpiceJet's headquarters, and will cover the airline's employees across all the stations on its network, a release said on Wednesday. SpiceJet said it has around 15,000 employees. Other carriers like Air India, Vistara, IndiGo and GoAir and AirAsia India have already rolled vaccination drives for their employees. The first ones to get vaccinated will be the frontline employees of the airline including airport staff and in-flight crew, SpiceJet said. The vaccination program will be undertaken as per government rules and guidelines and basis the availability of the vaccine, SpiceJet said. The airline will also make efforts to facilitate vaccination for the families of employees going forward, it added. At SpiceJet, the health and safety of our passengers and employees is our topmost priority. Vaccination is

Stuck with Vodafone, SpiceJet? Trading strategies for top losers of 2021

Among individual stocks, a total of 140 of the BSE500 stocks have given negative return so far in CY2021

Covid impact: SpiceJet defers up to 50% salary of most employees in April

SpiceJet had been facing financial issues even before the second wave of the coronavirus pandemic hit the country in March 2021

SpiceJet airlifts 1,000 oxygen concentrators from Hong Kong to Delhi

SpiceXpress, the air cargo arm of SpiceJet, has airlifted 1,000 oxygen concentrators from Hong Kong to Delhi