SpiceJet down 20%, Ajay Singh reassures investors

Ajay Singh, the entrepreneur who founded and currently heads budget airline SpiceJet, reassured investors and other stakeholders after his company’s stock fell 20% today as part of a broader market correction. Shares of SpiceJet were down Rs 12.05 at Rs 48.30 at close on the National Stock Exchange today. Shares of rival and market leader […]

Airbus India awards outsourcing deal to L&T Technology Services

L&T Technology Services, which provides outsourced engineering services, said it has won a contract from aircraft maker Airbus India to manage their Avionics Software Development, V&V (Validation & Verification) and Data Analytics. The size and duration of the deal have not been disclosed. L&T Technology Services Limited (LTTS) is a listed subsidiary of construction major […]

SpiceJet starts domestic sale, tickets start at Rs 1,299

A day after announcing international flight tickets starting at Rs 3,999, SpiceJet has announced a similar sale for the domestic market, with fares starting at Rs 1,299, including all levies. The four-day sale launched today will be open till midnight, August 30th, 2019. The travel period covered in this sale is till 31st March, 2020 […]

SpiceJet announces sale on tickets to Bangkok, Mali, Dubai

SpiceJet, India’s most aggressive low-cost airline, has announced cheap tickets for international flights from Aug 30 to Mar 31. The all-inclusive one-way fares include Rs. 3999 for popular destinations such as Colombo from Chennai and Dhaka from Kolkata and Guwahati. Tickets from Kochi to Male are available for Rs 4299, Bangkok-Kolkata for Rs 4699, Dubai-Mumbai […]

SpiceJet’s Ajay Singh blasts Govt’s approach towards aviation

Ajay Singh, Chairman of Spicejet and the man who came up with the slogan ‘Abki Bar Modi Sarkar’, today blasted the government’s approach towards the aviation sector. Speaking at the 12th International Conference-cum-Awards on Civil Aviation & Cargo by FICCI, Singh was unsparing in his criticism of government’s taxation policy towards his industry. “There is […]

Vistara, Air Asia lead losses in FY19; Vistara loses Rs 1.33/km

Air India Express, the no frills airline that is part of the Air India family, was the only one to make money in the financial year gone by, while others lost between 3 paise to 2.88 rupees for every kilometer that their passengers traveled during the year. As expected, the biggest loser among the big […]

Land acquisition for NOIDA Jewar Airport practically complete

The Uttar Pradesh government has awarded compensation of Rs 951.44 cr for the acquisition of 1,238 hectares required for the construction of the new NOIDA airport at Jewar on the outskirts of Delhi, Union Civil Aviation Ministry said. The land for which compensation has been declared comes to 99.8% of the private land that has […]

JET AIRWAYS FALL: Airfares are ‘normal’ now, says Govt

The civil aviation ministry said airfare levels in India have largely returned to normal, after a spike seen immediately after the shut down of operations of Jet Airways in April. The ministry also said that no airline was observed to have charged outside the declared fare brackets in the aftermath of the closure of operations […]

SpiceJet launches daily Mumbai-Hong Kong flight; total 124 new flights

SpiceJet said it will start a daily, non-stop flight between Mumbai and Hong Kong on July 31, the first by an Indian airline. It already operates a similar flight from Delhi. SpiceJet will deploy its 168-seater Boeing 737-800 aircraft on the sector. “The flight is timed perfectly for business and leisure travellers alike with a […]

SpiceJet sets record by topping occupancy rates for 50 months

SpiceJet, the fastest growing airline in India, said 93.9% of its available seats for the month of May were filled, marking a record 50 months in a row when the company has topped the occupancy chart in India. “This is a feat unparalleled in global aviation industry and a huge milestone for SpiceJet,” said Shilpa […]

NSE seeks clarification from Jet Airways on Brit entrepreneur’s interest

The National Stock Exchange on Wednesday sought a clarification from Jet Airways regarding reports that a British entrepreneur has expressed interest in acquiring it. The NSE has asked Jet Airways whether such negotiations were taking place and whether it was aware of any information that has not been informed to both NSE and BSE. This […]

Boeing 737 MAX: Spicejet suspends 14 flights, offers refunds

India’s most aggressive low-cost carrier, Spicejet, said it has cancelled 14 flights today due to the grounding of multiple Boeing 737 MAX aircraft. The grounding is the result of a regulatory directive, which was prompted by an accident with an Ethiopian Airlines plane last week, the second Boeing 737 MAX to fall out of the […]

Tata company wins DoT license to provide in-flight connectivity

Air travelers in India will soon be able to enjoy Internet like they do on the ground, after Tatanet Services, a wholly owned subsidiary of NELCO Limited, won an in-flight, maritime connectivity licence from Department of Telecommunications. “The IFMC license will make it possible to have uninterrupted access to voice, data and video services while […]

Spicejet announces Hyderabad-Colombo, Chennai-Patna flights

India’s most aggressive low-cost airline SpiceJet announced new flights connecting Hyderabad to Colombo, Chennai with Patna and Surat, as well as six new flights under the UDAN scheme. It has introduced direct flights on the Hyderabad-Colombo-Hyderabad route with effect from April 15. SpiceJet is the first Indian budget carrier to service the route and will […]

SpiceJet announces 10 new UDAN flights in central India

SpiceJet, the most aggressive of India’s low-cost carriers, launched 10 new flights under the government-supported UDAN scheme, including eight to Gwalior and four connecting Bhopal. Gwalior will be SpiceJet’s 52nd domestic destination. The move will make the airline the only one to offer daily direct flights on several sectors, such as Gwalior-Hyderabad, Gwalior-Jammu, Gwalior-Bengaluru and Gwalior-Kolkata. […]