Monday, October 21

Tag: spicejet

Flight Cancellation Charges Compared: What are the flight ticket cancellation charges? IndiGo vs Air India vs SpiceJet vs Akasa Air – check rules | India Business News
8Apr By adminNo Comments
Business

Flight Cancellation Charges Compared: What are the flight ticket cancellation charges? IndiGo vs Air India vs SpiceJet vs Akasa Air – check rules | India Business News

Lite FareRegular FareFlexi Plus FareReturn FareDomesticDomesticDomesticDomestic0-3 (Days left for departure)0-3 (Days left for departure)0-3 (Days left for departure)0-3 (Days left for departure)INR 3500 or Airfare charges (Whichever is lower). Cancellation fee will depend upon the time of cancellation.INR 3500 or Airfare charges (Whichever is lower). Cancellation fee will depend upon the time of cancellation.INR 3500 or Airfare charges (Whichever is lower). Cancellation fee will depend upon the time of cancellation.INR 3500 or Airfare charges (Whichever is lower). Cancellation fee will depend upon the time of cancellation.4 Days left for departure and above4 Days left for departure and above4 Days left for departure and above4 Days left for departure and aboveINR 3000 or Airfare charges ...
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Spicejet Narrows Q2 Losses To Rs 428 Crore Vs Rs 835 Crore Loss A Year Ago; Check Details
12Dec By adminNo Comments
Business

Spicejet Narrows Q2 Losses To Rs 428 Crore Vs Rs 835 Crore Loss A Year Ago; Check Details

Spicejet's net loss narrows in September 2023 quarter.Spicejet board also approved a fundraising plan of over Rs 2,250 crore through the issuance of equity shares to financial institutions, FIIs, HNIs and private investorsBudget carrier Spicejet on Tuesday reported a narrowing of net loss to Rs 428 crore for the second quarter ended September 2023, compared with Rs 835 crore in the year-ago period.The airline’s board also approved a fundraising plan of over Rs 2,250 crore (about $270 million) through the issuance of equity shares to financial institutions, FIIs, HNIs and private investors aimed at fortifying the airline’s financial strength and accelerating its growth trajectory.Spicejet CMD Ajay Singh said, “The July-September quarter has historically been a challenging period for the av...
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Sensex dips 100 pts amid sudden fall; Airtel, Infy weigh
12Dec By adminNo Comments
Business

Sensex dips 100 pts amid sudden fall; Airtel, Infy weigh

Stock market LIVE updates: Underperforming firm global momentum, Indian equities started on a tepid note on Tuesday. The S&P BSE Sensex was at 70,014 level, up 85 points or 0.12 per cent. The Nifty50, on the other hand, hit a record high of 21,038 level, up 41 points or 0.17 per cent.  HDFC Life, Hindalco, M&M, Hero MotoCorp, SBI Life, JSW Steel, Tata Steel, Adani Ports, ITC, Grasim, Tata Consumer Products, Bajaj Auto, Adani Enterprises, and BPCL were the top gainers on the 50-pack index, up between 0.5 per cent and 1.7 per cent. On the other hand, ONGC, Infosys, L&T, Apollo Hospitals, Bharti Airtel were the top laggards, down up to 1 per cent. In the broader market, the BSE MidCap and SmallCap indices were ruling 0.28 per cent and 0.52 per cent highe...
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Domestic Airlines Reported 406 Instances of Aircraft Malfunctioning in Jan-Nov 2023: Govt Data
11Dec By adminNo Comments
Business

Domestic Airlines Reported 406 Instances of Aircraft Malfunctioning in Jan-Nov 2023: Govt Data

Published By: Kavya MishraLast Updated: December 11, 2023, 21:40 ISTIn 2022, these airlines had reported 542 instances of malfunctioning of aircraft. (Representational Image)From January to November 2023, IndiGo reported 233 instances of aircraft malfunctioning, while SpiceJet reported 44 such casesDomestic airlines reported 406 instances of aircraft malfunctioning in the first 11 months of this year, according to the government. Minister of State for Civil Aviation VK Singh shared the data in a written reply to the Rajya Sabha on Monday.From January to November 2023, IndiGo reported 233 instances of aircraft malfunctioning, while SpiceJet reported 44 such cases.Air India reported 52 instances of malfunctioning aircraft, followed by the now-grounded Go First (22), Akasa Air (20), AirAsia...
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SpiceJet pays Rs 100 crore to Kal Airways and Maran towards arbitral award
12Sep By adminNo Comments
Business

SpiceJet pays Rs 100 crore to Kal Airways and Maran towards arbitral award

SpiceJet on Tuesday paid Kal Airways and its promoter Kalanithi Maran Rs 100 crore out of an order of Rs 380 crore for an arbitral award, the airline said in a statement on Tuesday. On Monday, the Delhi High Court had asked the low-cost airline to complete the payment. "SpiceJet Ltd. has made a payment of Rs 77.5 crore to Kal Airways Private Limited and will complete the payment of Rs 100 crore today by paying Rs 22.5 crore as per the directions of the Hon’ble Delhi High Court," it said. "SpiceJet acknowledges the legal process and is committed to complying with all court directives and obligations in the Credit Suisse matter and will pay $1.5 million as per the court directive. To date, SpiceJet has already paid $8 million to Credit Suisse as per consent terms," the ...
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Settle issues with creditor Celestial Aviation Services: NCLT asks SpiceJet
5Sep By adminNo Comments
Business

Settle issues with creditor Celestial Aviation Services: NCLT asks SpiceJet

The National Company Law Tribunal (NCLT) on Tuesday suggested that SpiceJet settle the issues with lessors that have sought initiation of insolvency proceedings against it. The tribunal's suggestion came against the backdrop of the crisis-hit carrier issuing shares in lieu of dues to nine aircraft lessors. On Tuesday, the NCLT was hearing a plea filed by Celestial Aviation Services Ltd, an operational creditor that had filed a plea to initiate insolvency proceedings against the airline. A two-member NCLT bench observed that the airline is settling with some of aeroplane lessors by converting debt into equity. "SpiceJet seems to be settling with other lessors by giving shares, Why don't you settle with these lessors as well?," the bench, comprising M M Kh...
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About to operate Pune flight, IndiGo pilot collapses at Nagpur boarding gate; dies
17Aug By adminNo Comments
Business

About to operate Pune flight, IndiGo pilot collapses at Nagpur boarding gate; dies

NEW DELHI: An IndiGo pilot collapsed at a Nagpur Airport boarding gate on Thursday afternoon as he was about to board an aircraft to fly it to Pune. He was administered first aid and rushed to a hospital bit but could not be saved. This is the second death of a commercial Indian pilot in as many days. On Wednesday, an ex-SpiceJet captain currently working for Qatar Airways had died while flying as a passenger from Delhi to Doha.Regarding Thursday’s tragedy, a senior DGCA official said: “The pilot had on Wednesday (Aug 16) operated two sectors — Trivandrum-Pune-Nagpur — early morning, between 3 am and 7 am. Thereafter he had 27 hours of rest and was scheduled to operate four sectors on Thursday with departure at 1 pm. Departure from Nagpur was to be his first sector of the day.” The pilot ...
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