It has posted losses in four consecutive quarters as higher operating costs wiped out revenue gains.
Last week, the carrier had asked about 60 pilots who had resigned to leave after serving only half the six-month notice period.
SpiceJet had last year announced a $4.4-bn deal for 42 Boeing 737 Max.
SpiceJet owes around Rs 240 crore (Rs 2.40 billion) to the Airports Authority of India (AAI) for using its airports in the country.
Sun Network chairman Kalanithi Maran and his company, Kal Airways Pvt Ltd, which was incorporated on May 6, are the acquirers of the airline.
The airline launched a three-day discounted sale of tickets starting at Rs 1,010, to mark its 10th anniversary
The airline notched an on-time performance score of 79.9 per cent across the Delhi, Mumbai, Bangalore, and Hyderabad
Frequent flight cancellations and the Airports Authority of India's decision to put SpiceJet on a cash-and-carry mode have made online travel agencies nervous.
Low-cost carrier SpiceJet Airlines, promoted by a group of investors led by the Kansagra family and Delhi-based Ajay Singh, is working on a plan to start international operations next year, making it the third private Indian carrier after Jet Airways and Kingfisher to fly overseas.
The DGCA has allowed SpiceJet to accept advance bookings beyond March 31.
Airline says can't discuss dues publicly, denies grounding of planes
Such tickets can be booked through the SpiceJet website alone
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.
No-frills carrier SpiceJet is in active discussions with Singapore-based budget carrier Tigerair for a possible stake sale even as they are set to sign a code share agreement soon.
A Mumbai-bound SpiceJet flight from Jaipur carrying 167 passengers and crew overshot the runway at the Mumbai airport Monday night after landing amid heavy rains, blocking it for traffic.
SpiceJet said on Monday it has entered into an agreement with global pilot training firm United Aviation for its cadet pilot programme.
Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly.
Signalling an imminent change in SpiceJet's ownership, potential investors including co-founder Ajay Singh and US-based JPMorgan have begun discussions with markets regulator Sebi over their investment plan for the cash-strapped airline.
Budget air-carrier, SpiceJet, expects to break-even this fiscal, a top company official said. The break-even could come on the back of stabilising fuel prices and an increasing demand for low-fare travel, he said. The air-carrier expects oil prices to stablise in the range of $65-70.
Falling jet fuel prices, stable rupee signal lower losses
SpiceJet also plans to increase its daily flights to 251.
In a move that signals a fresh round of consolidation in the recession-hit aviation industry, budget carrier SpiceJet may pick 7.5 per cent stake in another low-cost airline IndiGo.
SpiceJet grounded all its aircraft due to payment woes
Airlines' summer schedule in India commences from late March and lasts till October every year.
This is the third consecutive profitable quarter for SpiceJet.
Passengers are not allowed to walk on the Delhi airport's tarmac area as it is a security risk. There is a demarcated path on the tarmac for vehicles only.
SpiceJet will get $20 million from MacRitchie Investments, Singapore (a wholly-owned subsidiary of Temasek Holdings) and Istithmar, a UAE-based private equity firm.
The travel period for tickets availed under this offer stands between January 15 and April 12
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.
SpiceJet has cut capacity by reducing its fleet to 35 Boeing 737 aircraft from 42 in December.
Budget carrier SpiceJet on Wednesday joined the low fare race in the domestic market putting on the block half a million seats with ticket prices starting at Rs 1,499 under a limited period promotional offer.
The CEOs met late last month to discuss the agreement. Industry experts said one advantage would be the fact that GoAir was looking at increasing its fleet to 20 aircraft by 2011. "If SpiceJet acquires the airline, it will gain access to slots for the aircraft orders which it can sell," said an industry expert. Selling order slots has emerged as a lucrative revenue stream for several Indian airlines that are feeling the pinch of falling passenger traffic.
Mallya recently acquired 26 percent stake in the country's largest budget airline, Air Deccan.
Spicejet has sought extention from the Airports Authority of India over payment schedule.
A source said Mills was leaving the airline as he was not getting operational freedom to run the organisation.
In a move that could be followed by major Indian airlines, no-frill carrier SpiceJet on Friday slashed air fares substantially by offering a limited-period sale of 10 lakh seats across its domestic network for an all-inclusive fare of Rs 2,013.
Low-cost carrier SpiceJet will receive about $65 million within a week as the second tranche of investment by US private equity firm WL Ross and Co and by Goldman Sachs.
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.
A Delhi-bound SpiceJet plane hit a stray buffalo on the runway while rolling for take-off from Surat airport late Thursday night, providing anxious moments to the 146 people on board.
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