SpiceJet on Thursday said it has settled a $90.8 million dispute with Export Development Canada for a total consideration of $22.5 million, leading to the airline taking ownership of 13 Q400 planes. This resolution will result in savings of $68.3 million (Rs 574 crore), it said.
The frame was fixed once the aircraft landed at the next (Pune) airport, in accordance with standard maintenance procedures, the airline said in a statement.
Aviation watchdog DGCA has taken off SpiceJet from its enhanced surveillance regime, a senior official said on Tuesday. The airline, which has been facing multiple headwinds, was placed under enhanced surveillance recently. The senior DGCA official said that in view of the observations made in the past concerning inadequate maintenance and in view of the incidents during the monsoon season last year, SpiceJet was placed under enhanced surveillance.
Boroscopic inspection of all operational engines of all Q400 engines within one week, immediate inspection of Magnetic Chip Detectors (MCD), drawing of engine oil samples every 15 days for analysis and inspection of bleed-off valve screen and housing for evidence of oil wetness in weekly check, are among the other directions.
SpiceJet has been facing operational and financial headwinds in recent times, and it is already under enhanced surveillance of the DGCA.
The two episodes on a single day have taken the total number of technical malfunction incidents involving SpiceJet aircraft to seven in the last 17 days.
SpiceJet said its flight heading to Jabalpur returned to Delhi on Saturday after the crew members observed smoke in the cabin at around 5,000-feet altitude.
The bone of contention between the two sides relates to changes in the purchase terms.
The issue of fog and low visibility primarily impacts airports in northern India and Bengaluru.
This is at least the ninth incident of technical malfunction on a SpiceJet aircraft in the last 40 days.
DGCA rules require pilots to service a six-month notice.
Made from Jatropha crop, the fuel has been developed by the CSIR-Indian Institute of Petroleum, Dehradun.
The technician was carrying out maintenance on the landing gear of the Bombardier Q400 plane when the landing door accidentally got closed.
SpiceJet is conducting a strategic review of fleet and network, which could see staff reductions and a possible phase out of Bombardier Q400 planes in three months.
The four 78-seater Q400s would connect Hyderabad with 12 Tier-II and Tier-III destinations.
SpiceJet will begin regional operations from Tier-2 and 3 cities like Vijayawada, Tirupati, Mysore, Mangalore, Madurai, Nagpur and Indore using the Bombardier Q400 Next Gen turboprop aircraft.
In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
Airline says can't discuss dues publicly, denies grounding of planes
After FY14's record loss, SpiceJet cuts capacity, chases costs, redraws flight schedules and puts more money in marketing to attract corporate travel.
While the number of operational airports in the country will rise to 131, other smaller towns too are seeing a surge in connectivity.
Beleaguered no-frills carrier SpiceJet on Monday approached the government for financial aid.
A Bombardier q400 airplane is being assembled at the Bombardier aircraft manufacturing facility in Toronto.
Starting with SpiceJet deliveries from this week, aircraft maker sees 'very exciting opportunity'.
India is not an easy environment to operate in and grow because of the high cost of operations, says Neil Mills.
With the new fleet of Bombardier Q400 aircraft, the Kalanithi Maran-promoted airline aims at reaching more hinterland of northern Indian and connect more Tier II and Tier III cities on its network.
Fuel costs, interest and lease rentals increased but an increase in other income (Rs 11 crore) and non-operating income (Rs 28 crore) helped the airline to boost revenue and contain losses.
The Pierce County Sheriff's Department, the primary law enforcement agency for Pierce County in Washington, said it was not a terrorist incident and that no other person was involved in it.
The Bhopal MP was was asked to move to a non-emergency row seat as she was on a wheelchair but she refused, causing the flight to delay of almost 45 minutes. Ultimately, she acquiesced and moved.
With the earlier order for 55 planes and additional 100 new 737-8 MAX aircraft, the no-frills carrier now has firmed up the order for a total of 155 planes, besides purchase rights for 50 B737-8 MAX and wide body aircraft.
The travel period for tickets availed under this offer stands between January 15 and April 12
The airfares are already 15 per cent higher than last season and due to this shortage it will go higher, said Sharat Dhall, COO of Yatra.com.
About 40 quit last November as the airline cut down its fleet.
The plane can fly non-stop to Singapore, Doha (Qatar), Kuwait, Abu Dhabi (UAE), Riyadh (Saudi Arabia), Kuala Lumpur (Malaysia), Tehran (Iran), Salalah (Oman) and Kunming (China), among other destinations, from various Indian airports.
Despite the gains from Jet's closure, in 2018 and 2019, the airline continued to make losses in many quarters for a variety of reasons, including some mistakes like taking on Jet's aircraft, which were not in great shape and had business class configuration, a gamble that did not work for SpiceJet.
The airline reported a loss of over Rs 1,000 crore last fiscal which is five times higher than its 2013 loss.
Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
However, the reduction in ATF prices will provide some cushion to airlines engaged in a protracted price war have lost control over pricing in one the world's most price sensitive domestic markets.
SpiceJet was forced to ground its fleet and cancel hundreds of its flights in December.
This is also the highest ever profit recorded by the carrier, which was facing turbulent times a year ago.
SpiceJet also plans to increase its daily flights to 251.
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