Chief Operating Officer, Sanjiv Kapoor will be leaving the company effective October 31, 2015 after two years with the organisation.
He, however, cited the sensitivity of information due to the ongoing probe into the matter to decline to share more details, sources said.
Airports across the country witnessed chaotic scenes on Friday after dozens of flights were either delayed or cancelled after a widespread global computer outage that also hit operations like cash withdrawal at some banks, and impacted functioning of some brokerages. Globally, the Microsoft cloud outage led to US airlines cancelling flights, but the tech giant later reportedly said its cloud services outage in the Central US region has been resolved.
DGCA was irked by was a video on social media that showed passengers dancing on board a midair flight. The regulator has summoned the airline officials seeking an explanation.
SpiceJet board is likely to pass a resolution within three days after the court order.
Amid a massive global outage that hit operations of airlines, banks and businesses across the globe, Microsoft on Friday said that it is aware of the issue affecting Windows devices due to an update from a third-party software platform.
Before buying Marans' stake, Singh's shareholding stood at 1.85%.
A SpiceJet official allegedly told some Jet pilots that they were doing a "charity" by hiring them.
The incident was reported when Pakistan airspace was not closed for India.
Cites technical reasons; crew told to apologies to passengers and provide feedback forms for those seeking a refund for pre-booked meals
After Air India and IndiGo, SpiceJet is the third carrier to cancel the ticket of the Lok Sabha member.
The incident which occurred on August 11, involving SpiceJet Hyderabad flight from Chennai (SG 511) and Emirates' Dubai-bound Brisbane flight (EK 433), is currently being investigated by the aviation regulator, DGCA sources said.
The flight with about 70 passengers on board left Chennai around 7.30 am and when it was about to land around 8:25 am, smoke was noticed from one of its engines.
BBAM seeks $100 million, return of 6 Boeing 737s.
Confirming the resignation of Aggarwal, airline sources said Kishore Gupta, a member of the SpiceJet board, is likely to take over the position for the time being as part of an interim arrangement.
As air travel gathered steam in financial year 2021-22 (FY22) after being restricted the previous year, fewer passengers were affected by flight cancellations. Directorate General of Civil Aviation (DGCA) figures show that there were 40 per cent fewer flyers in FY22 than in FY20, but 60 per cent fewer passengers were impacted by cancellations, and 80 per cent fewer passengers were denied boarding. FY20 was the last financial year when India's booming aviation industry carried out full-scale operations before being completely grounded for a couple of months due to the Covid-19 pandemic.
Domestic air traffic rose 4.8 per cent on an annual basis to 126.48 lakh in February, while more than 1.55 lakh passengers were affected by flight delays during the same period, according to official data released on Friday. In February, Air India's market share rose to 12.8 per cent from 12.2 per cent while that of IndiGo marginally dipped to 60.1 per cent from 60.2 per cent in January. The domestic air traffic climbed to 126.48 lakh in February compared to 120.69 lakh in the year-ago period, the Directorate General of Civil Aviation (DGCA) said.
Both the pilots of the flight have been grounded, pending enquiry, the airline said, adding the incident took place around 1630 hrs.
SpiceJet would see a capital infusion of Rs 1,500 crore.
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.
Ajay Singh will team up with two blue-chip investors to bail out the airline
Private air carrier Spicejet on Wednesday said it will raise $75 million (about Rs 355 crore) through the sale of shares or bonds to fund its fleet and route expansion programme.
The DGCA official who wrongly assigned the code of Antonov AN-32 -- an aircraft used by the IAF -- to the SpiceJet aircraft has been suspended, report Arindam Majumder and Aneesh Phadnis.
Maran had clinched a deal in June to acquire a 37.7 per cent stake in the airline for about Rs 750 crore (Rs 7.5 billion) from American investor Wilbur Ross, his investment companies and the Kansagara family-promoted Royal Holding Services Ltd.
SpiceJet's original promoter is closer to taking the management reins.
Barring one quarter, SpiceJet made a profit in every quarter last year.
Budget carrier SpiceJet on Wednesday launched another discounted ticket scheme, offering fares as low as Rs 1,599 across its domestic network for travel between February 15 and April 15 to celebrate Valentine's Day.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
Budget carrier SpiceJet has accepted the resignation of its chief Executive Niel Raymond Mills, 18 months before his service contract was to expire.
The airline reported a net loss of Rs 321.50 crore (Rs 3.21 bn) in Q4.
First investment by the group in aviation; deal size may be less than Rs 100 crore.
Dubai-based Emirates Airline has termed reports that it is holding discussions with Indian carrier SpiceJet for buying a stake in the airline as 'inaccurate' and said that it was busy with its own expansion plans.
The airline pitches its product and service, keeps silent about price in a new campaign as it looks to win over young business travelers.
SpiceJet on Tuesday said the private equity firm led by billionaire Wilbur Ross will invest $80 million (about Rs 345 crore) in the low cost airline.
The airline's board decides to issue warrants to promoters on a preferential basis
The DGCA has allowed SpiceJet to accept advance bookings beyond March 31.
Singh holds more than 36.15 crore shares.
SpiceJet put one lakh seats up for grabs.
The difficult period created by some "legacy issues" are over.
No-frill carrier SpiceJet on Monday announced compensation to passengers for delay or cancellation of flights due to factors within their control, through travel vouchers worth Rs 500 or Rs 1,000.
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