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SpiceJet announces second consecutive profitable quarter with 26% increase

SpiceJet announces second consecutive profitable quarter with 26% increase

    SpiceJet has reported its second consecutive profitable quarter, demonstrating the airline's resilience and strategic growth. For the quarter ending June 2024, the airline posted a net profit of INR 150 Crore, marking a

Aviation
Go First heads towards liquidation after failed bids

Go First heads towards liquidation after failed bids

Go First, the embattled airline, is on the brink of liquidation after unsuccessful negotiations with potential buyers, including EaseMyTrip CEO Nishant Pitti, SpiceJet Chairman Ajay Singh, and Sharjah-based Sky One Aviation. Following five months of

Aviation
SpiceJet Reports Sixfold Profit to INR 119 Crore in Q4FY24

SpiceJet Reports Sixfold Profit to INR 119 Crore in Q4FY24

SpiceJet Ltd. reported a sixfold surge in net profit to INR 119 Crore for the fourth quarter ended March 31, 2024, compared to INR 17 Crore in the same period last year. On an EBITDA

Aviation
SpiceJet to raise another USD 250mn by August

SpiceJet to raise another USD 250mn by August

SpiceJet is looking to raise another USD 250 million by August, and plans to increase capacity through lease of aircraft, Chairman Ajay Singh said yesterday. Over the next two quarters, the airline plans to "clean

Aviation
SpiceJet to seek INR 450cr refund from Kalanithi Maran

SpiceJet to seek INR 450cr refund from Kalanithi Maran

SpiceJet will seek a refund of INR 450 crores out of the INR 730 crores it has previously paid to former promoter Kalanithi Maran and his firm, KAL Airways, following the Delhi High Court’s order

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SpiceJet to connect Delhi-Phuket with non-stop flights from May 31

SpiceJet to connect Delhi-Phuket with non-stop flights from May 31

SpiceJet will commence daily non-stop flights connecting Delhi and Phuket, starting May 31, 2024. Ajay Singh, Chairman and Managing Director, SpiceJet, said “We are incredibly excited to launch our first-ever service to Phuket, a world-renowned

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