All SpiceJet articles
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News
SpiceJet to furlough 150 cabin crew amid funding efforts
Under-pressure Indian low-cost carrier SpiceJet is to furlough 150 cabin crew staff during the off-peak travel season as it continues to battle financial challenges.
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SpiceJet in fundraising talks after cutting full-year losses
Indian low-cost carrier SpiceJet cut its full-year pre-tax losses to R4.1 billion for the year ended March 2024, after publishing its first set of financial results for six months.
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SpiceJet flags interest in move for grounded rival Go First
Indian low-cost carrier Spicejet has indicated its interest in bidding for grounded rival operator Go First.
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Loss-making SpiceJet aims to raise $270m through a new share issue
Indian low-cost carrier SpiceJet has outlined plans for a new share issue after almost halving losses for the three months ended 30 September 2023, the second quarter of its financial year.
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SpiceJet cargo unit set to secure $100m investment
Indian carrier SpiceJet has struck a preliminary deal for a $100 million investment into its recently spun out logistics unit SpiceXpress.
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SpiceJet hives off its air cargo business
Indian low-cost carrier SpiceJet has finally spun off its SpiceXpress freighter business as it looks to grow the company.
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Airline Business
Indian airlines seek stronger footholds as boom beckons
More evidence emerged this week of India’s airline market being a hotbed of activity, as a host of executives spoke at an industry event.
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News
Carlyle takes stake in SpiceJet after debt-for-equity swap deal
SpiceJet has agreed a debt-for-equity deal with Carlyle Aviation Group under which the aircraft lessor will take a stake in the Indian low-cost carrier and cargo unit SpiceXpress and Logsitics.
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India restricts 90 SpiceJet pilots from flying 737 Max
India’s civil aviation regulator has barred 90 SpiceJet pilots from operating the Boeing 737 Max until they have been sufficiently re-trained.
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SpiceJet faces suspension over unpaid debt unless $5 million deposit paid
An Indian court has ordered low-cost carrier SpiceJet be wound up over unpaid debts to MRO firm SR Technics, unless it paid a deposit of $5 million.
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SpiceJet eyes 737 Max return in end-September
India’s SpiceJet expects to resume operations of the Boeing 737 Max by end-September, though it acknowledges that the ultimate decision rests with the country’s regulators.
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Airline Business
Which commercial airlines served Kabul before the Taliban advance?
The chaos surrounding operations at Hamid Karzai International airport in recent days affects a number of international operators, including Emirates and Turkish Airlines.
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News
SpiceJet targets October completion of logistics unit divestment
India’s SpiceJet expects to complete the divestment of its logistics platform SpiceXpress by 1 October, paving the way for the latter to commence operations as a separate entity.
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SpiceJet to raise Rs25 billion as loss-making streak continues
Indian low-cost carrier SpiceJet will raise Rs25 billion ($336 million) to beef up its war chest against the coronavirus pandemic, which has battered its profitability.
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De Havilland entitled to terminate SpiceJet Dash 8 order: UK judge
Turboprop manufacturer De Havilland Aircraft of Canada was entitled to terminate a Dash 8-400 purchase agreement with Indian carrier SpiceJet after the airline stopped making payments and taking delivery of aircraft, a judge has ruled. SpiceJet originally ordered 25 of the type from Bombardier – part of a September 2017 ...
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Airline Business
Indian airlines brace for transformational 2021
Three major themes will shape India’s airline sector this year: vaccinations, a battle for survival at India’s smaller carriers, and consolidation.
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News
Indian carrier SpiceJet makes belated Ras Al Khaimah debut
SpiceJet has carried out its first service to Ras Al Khaimah airport a year after the Indian low-cost carrier identified the emirate as its first international hub.
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News
SpiceJet to launch A330neo flights to London in December
SpiceJet plans to operate nonstop Airbus A330neo flights from two points in India to London Heathrow from 4 December under an “air bubble” agreement.
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Airline Business
Why SpiceJet may feel time is right for US and UK services
True long-haul flights would be a significant strategic change for the budget operator, and there are many challenges to overcome before services could start.
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Airline Business
Grounded SpiceJet’s monthly lease bill may exceed $20m
Budget carrier SpiceJet, which has grounded its fleet amid a three-week lockdown in India, could face a monthly bill of over $20 million for 100 leased aircraft – most of which are in storage. Cirium fleets data shows that 13 of the aircraft are Boeing 737 Max jets, which have ...