SpiceJet had bet its fortunes heavily on the new version of the 737 of which it has 13 planes in its fleet and another 193 aircraft on order
As many as 19 flights have received bomb threats in three days and a Riyadh-bound IndiGo flight was diverted to Muscat due to the threat, according to officials.
Indigo has zero competition on 61.2 per cent of its 838 domestic routes.
Budget carrier SpiceJet on Thursday said it has been designated as the "Indian scheduled carrier" to operate flights to the US.
The Tatas have collectively increased their aggregate airlines seat capacity across domestic and international markets by an impressive 20 per cent, going from 64.03 million in calendar year (CY) 2023 to 76.72 million in the current CY, according to data shared by the group that controls Air India in which Vistara has been merged recently. The Tatas also run Air India Express in which Air Asia India has been merged.
Images from Day 2 of the fifth Test between Australia and India at the Sydney Cricket Ground on Saturday.
SpiceJet will operate two daily flights using wet leased Twin Otter aircraft from Maldivian Aero. PM Modi is expected to inaugurate and travel on first flight.
Cash-strapped domestic carrier Spicejet plans to raise Rs 3,200 crore through QIP, warrants and capital infusion by the promoter, the airline said in a presentation on Friday. The funds will be utilised in taking back the grounded fleet in operations, liability settlement, new fleet induction and other general purposes, Spicejet in the presentations. "Spicejet plan to raise Rs 2,500 crore through QIP and Rs 736 crore through Previous Warrants and promoter infusion, the airline said in an investor presentation," it said in a corporate presentation to investors ahead of its proposed capital infusion.
The fairy tale turnaround story has, however, taken a few knocks after a second wave of the pandemic has brought a series of default notices and has posed the toughest test for the 55-year old Singh to save the airline he founded and sold to the Marans only to assume control later.
Uzbekistan lives comfortably in several centuries but is also a forward-looking nation, Deepa Gahlot discovers on a visit to this Central Asian country.
Union Minister for Civil Aviation Praful Patel flagged off SpiceJet, India's latest low cost, no-frills airline on Tuesday on the Delhi-Ahmedabad-Mumbai route with a Boeing 737-800 aircraft in an efficient all economy 189 seat configuration.
SpiceJet is the first Indian airline to operate on Kathmandu-Bagdogra route.
While fares on the Delhi-Mumbai route have risen 45 per cent, Delhi-Bengaluru and Mumbai-Bengaluru tickets are priced 57 per cent and 42.5 per cent higher, respectively.
SpiceJet put one lakh seats up for grabs.
SpiceJet, India's second-largest private airline, kicked off the process of hiving off its logistics business to its subsidiary SpiceXpress as it looks to raise much-needed capital. On Tuesday, the company sought its shareholders' approval to complete the process and to raise up to Rs 2,500 crore via a qualified institutions placement (QIP). It is in talks with multiple private equity investors as it tries to sell shares in the logistics arm to raise money.
The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.
The fast-growing, high-margin branded spices business is turning out to be an interesting growth opportunity, which to an extent was reflected in the Sunrise-ITC deal, with multiple parties from PE to strategic players joining the fray.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
As the race for Maharashtra chief minister enters the last lap, Hemant Waje looks at several scenarios which can play out.
The travel period for tickets availed under this offer stands between January 15 and April 12
If oil prices continue as they are and we can cut costs, we'll be able to break even in the next financial quarter, says Singh.
the airline is giving 30 per cent discount on tickets.
DGCA rules require pilots to service a six-month notice.
India is one of the few countries in the region that enjoys good relations with both Israel and Saudi Arabia, and IMEC would allow it to recreate the old Spice Route to Europe. All this is in jeopardy now, notes Rajeev Srinivasan.
Airlines' summer schedule in India commences from late March and lasts till October every year.
Low cost carrier SpiceJet has launched its services on the Bangalore-Ahmedabad and Bangalore-Delhi via Ahmedabad routes.
The share swap is expected to be in the ratio of 1: 3, where SpiceJet shareholders will get one share of the merged entity for every three SpiceJet shares owned by them.
Agra, Shimla, Nanded, Kanpur and Jamshedpur are among the many airports that would see connectivity under Udan.
Low cost airline SpiceJet, will introduce international flights to Bangladesh, Sri Lanka and Nepal from Kolkata by June.
Words of advice from award-winning Chef Veena Arora on what she wants you, our young readers, to know.
Such tickets can be booked through the SpiceJet website alone
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.
This means a passenger flying between Delhi and Mumbai will now know that the minimum fare in the route will be Rs 95 (as being charged by SpiceJet) and can go up to a maximum of Rs 22,800 (as being levied by GoAir), plus around Rs 3,000 as components like passenger fees.
The offer is applicable to airline's all domestic destinations, including Mumbai, Delhi, Kolkata and Chennai, a company official said.
SpiceJet in a statement said that there is no default in payment to AAI since January this year.
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.
The additional stake will cost the promoters Rs 312 crore (Rs 3.12 billion).
SpiceJet on Monday launched discounted ticket sales at 'rates cheaper than AC 2-Tier train fare.
Budget carrier Spice Jet on Saturday announced flight operations to Chennai and Hyderabad starting from November 14, extending the six-month old airline's connectivity to 11 Indian cities.
Expanding its international operations, the airline will launch its daily direct flight to Saudi Arabia's capital Riyadh from January next year.