News for 'SpiceJet'

IndiGo stock may face more downgrades due to Middle East crisis

IndiGo stock may face more downgrades due to Middle East crisis

Rediff.com12 Mar 2026

IndiGo operator InterGlobe Aviation had a mildly encouraging third quarter in financial year 2026 (Q3FY26).

'There Was Chaos At Every Gate'

'There Was Chaos At Every Gate'

Rediff.com6 Dec 2025

Flyers faced a double blow as air fares on Air India flights out of Delhi and those of SpiceJet soared past Rs 1 lakh one-way on some routes, and even those showed 'sold out' despite the airlines adding capacity.

SpiceJet posts Rs 26 crore profit in Q3

SpiceJet posts Rs 26 crore profit in Q3

Rediff.com26 Feb 2025

However, the meeting of the company's board of directors, through video conferencing, started at 1.30 pm and ended only at 11.50 pm on Tuesday, according to a filing made to BSE at 12.51 am on Wednesday. In the 2024 December quarter, the airline, which had been facing multiple headwinds, raised Rs 3,000 crore from qualified institutional investors.

SpiceJet placed under enhanced surveillance

SpiceJet placed under enhanced surveillance

Rediff.com29 Aug 2024

Aviation watchdog DGCA on Thursday decided to place crisis-hit SpiceJet under enhanced surveillance that will entail increased spot checks and night surveillance to ensure safety of the airline's operations. Based on reports of cancellation of flights and financial stress being experienced by SpiceJet, DGCA said it conducted a special audit of the airline's engineering facilities on August 7 and 8 and certain deficiencies were found during the audit.

Indian airlines cancel US flights as Iran shuts airspace

Indian airlines cancel US flights as Iran shuts airspace

Rediff.com15 Jan 2026

Parents of Kashmiri students studying in Iran have appealed to the Indian government to evacuate their children due to ongoing tensions and protests in the country. They cite difficulties in communication and travel arrangements.

India's Busiest Route: Air India Beats Indigo!

India's Busiest Route: Air India Beats Indigo!

Rediff.com2 Jan 2026

With 7.64 million seats, the Mumbai-Delhi route in 2025 was the eighth busiest route in the world.

IndiGo's domestic mkt share slides to 63.6% in Nov

IndiGo's domestic mkt share slides to 63.6% in Nov

Rediff.com28 Dec 2025

The country's largest airline IndiGo, which faced massive operational disruptions earlier this month, saw its domestic market share slide to 63.6 per cent in November, according to official data. Air India Group, comprising Air India and Air India Express, and SpiceJet had their respective market shares in November rise to 26.7 per cent and 3.7 per cent, respectively.

SpiceJet settles $132-mn dispute with aircraft leasing firm BBAM

SpiceJet settles $132-mn dispute with aircraft leasing firm BBAM

Rediff.com9 Oct 2024

Budget carrier SpiceJet on Wednesday said it has amicably settled a $132-million dispute with aircraft leasing firm Babcock & Brown Aircraft Management (BBAM). The dispute, valued at $131.85 million (Rs 1,107 crore) with the lessors -- Horizon Aviation 1 Ltd, Horizon II Aviation 3 Ltd, and Horizon III Aviation 2 Ltd -- has been resolved for $22.5 million, SpiceJet said in a statement.

Flights delayed as glitch hits check-in system in airports

Flights delayed as glitch hits check-in system in airports

Rediff.com3 Dec 2025

"Microsoft Windows reports major service outages globally. IT services/ check in systems at airports are impacted," as per a message for the passengers at the Varanasi airport.

India's Airline Fleet Nears 900 in 2026

India's Airline Fleet Nears 900 in 2026

Rediff.com17 Jan 2026

In 2025, the total net induction was 35 planes -- 79 added and 44 returned -- making it much lower than even 2024.

SpiceJet's Ajay Singh may sell over 10% stake

SpiceJet's Ajay Singh may sell over 10% stake

Rediff.com8 Sep 2024

SpiceJet promoter and chairman Ajay Singh may offload more than 10 per cent stake in the struggling carrier as part of the latest funding round that is expected to close by the end of September, according to sources. The budget carrier -- which is grappling with multiple woes, including financial challenges, legal battles and grounding of aircraft -- is looking to raise money that will help it meet various obligations.

India to get 3 more airlines in 2026. Here are details

India to get 3 more airlines in 2026. Here are details

Rediff.com24 Dec 2025

Two new airlines -- Al Hind Air and FlyExpress -- are set to take to the skies, with the carriers receiving their no objection certificates from the civil aviation ministry.

Fog disrupts flight ops across northern India

Fog disrupts flight ops across northern India

Rediff.com21 Dec 2025

The Airports Authority of India (AAI) on Sunday issued an advisory warning that fog conditions in parts of northern India are affecting visibility and may lead to delays or changes in flight operations at select airports.

Spicejet plans to raise over Rs 3,200 cr via debt, equity

Spicejet plans to raise over Rs 3,200 cr via debt, equity

Rediff.com7 Sep 2024

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.

SpiceJet settles $90.8 mn dispute; now owns 13 Q400 planes

SpiceJet settles $90.8 mn dispute; now owns 13 Q400 planes

Rediff.com14 Nov 2024

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.

IndiGo cancellations: Domestic airfares shoot up, nearing Rs 1 lakh

IndiGo cancellations: Domestic airfares shoot up, nearing Rs 1 lakh

Rediff.com5 Dec 2025

With IndiGo cancelling over 1,000 flights on Friday owing to crew shortage as the second phase of the pilots flight duty and rest period norms kicked in, huge capacity was out of the market, leading to airfares tripling and quadrupling from over the normal range, a travel industry executive said.

Lucky Us! Our Flight Was Delayed, But Took Off

Lucky Us! Our Flight Was Delayed, But Took Off

Rediff.com4 Dec 2025

Stranded at an airport because of flight delays/cancellations? Do tell us your travel story; mail us at newsdesk@rediff.co.in with your name, where you were traveling to, and what happened to your flight.

GPS spoofing, jamming on rise, IATA warns pilots to stay alert

GPS spoofing, jamming on rise, IATA warns pilots to stay alert

Rediff.com14 Dec 2025

In recent times, there have also been instances of GPS spoofing and interference incidents at Delhi, Mumbai, Kolkata, Amritsar, Hyderabad, Bangalore and Chennai airports.

SpiceJet employee arrested for slapping CISF jawan at Jaipur airport

SpiceJet employee arrested for slapping CISF jawan at Jaipur airport

Rediff.com11 Jul 2024

Jaipur airport SHO Ral Lal said the ASI called for a female colleague for the security check, but the argument escalated and the SpiceJet employee slapped him.

Spicejet passengers made to sit in flight without AC for an hour

Spicejet passengers made to sit in flight without AC for an hour

Rediff.com20 Jun 2024

SpiceJet said the air conditioning in its Delhi to Darbhanga flight "experienced slight inefficiency" during boarding at Delhi Airport

Rs 7,500 for up to 500 km: Govt caps airfares amid IndiGo chaos

Rs 7,500 for up to 500 km: Govt caps airfares amid IndiGo chaos

Rediff.com6 Dec 2025

Taking a serious note of the situation, the civil aviation ministry said it has invoked regulatory powers to ensure fair and reasonable fares across all affected routes.

Army officer assaults airline staff over baggage charges

Army officer assaults airline staff over baggage charges

Rediff.com3 Aug 2025

SpiceJet on Sunday said a senior Army officer, who was to board a flight to Delhi, assaulted four airline ground staffers at the Srinagar airport on July 26, and one of them suffered a spinal fracture.

'Biggest Meltdown In Indian Aviation History'

'Biggest Meltdown In Indian Aviation History'

Rediff.com12 Dec 2025

'It has got to be the biggest error in aviation. If it is the biggest error, then all those individuals in positions of power should be removed because they have caused the biggest meltdown in Indian aviation history.'

SpiceJet interested in buying bankrupt Go First

SpiceJet interested in buying bankrupt Go First

Rediff.com19 Dec 2023

SpiceJet on Tuesday said it has expressed interest to acquire Go First and plans to submit its offer after carrying out due diligence of the bankrupt carrier. Go First, which stopped flying since May 3 amid financial woes mainly triggered by Pratt & Whitney engine issues, is undergoing an insolvency resolution process.

Will take strict action against IndiGo to set example: Govt

Will take strict action against IndiGo to set example: Govt

Rediff.com9 Dec 2025

Aviation Minister K Rammohan Naidu said the government has initiated an inquiry into Indigo's mass flight cancellations and will take strict action against the operator to set an example for other airlines.

Snag hits Delhi airport ATC, nearly 300 flights delayed

Snag hits Delhi airport ATC, nearly 300 flights delayed

Rediff.com7 Nov 2025

Over 100 flights were delayed at the Delhi airport on Friday morning due to technical problems with the air traffic control system and authorities are working to fix the issues, sources said.

SpiceJet plans to lay off 1,000 people

SpiceJet plans to lay off 1,000 people

Rediff.com12 Feb 2024

Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave as there is excess manpower now compared to the number of planes in service. A final decision on the quantum of layoffs is expected this week, one of the officials in the know said.

Indian airlines to resume normal services to Kathmandu from Thursday

Indian airlines to resume normal services to Kathmandu from Thursday

Rediff.com11 Sep 2025

Indian airlines are resuming normal services to Kathmandu after the airport reopened following unrest in Nepal. Air India and IndiGo will operate additional flights to bring back stranded passengers.

Over 800 IndiGo flights cancelled on day 5 as cancellation chaos persists

Over 800 IndiGo flights cancelled on day 5 as cancellation chaos persists

Rediff.com6 Dec 2025

DGCA provided temporary relief to IndiGo, which is partially owned by Rahul Bhatia, by rolling back the night duty definition to 12 am-5 am from 12 am-6 am earlier, and allowing its pilots to do six night-landings from two earlier, besides other relaxations.

SpiceJet's resurgence could disrupt Indian aviation market: Capa

SpiceJet's resurgence could disrupt Indian aviation market: Capa

Rediff.com29 Dec 2023

SpiceJet's resurgence, once the new funding is in place, has the potential to disrupt the Indian aviation market in 2024 as the airline will bring its grounded aircraft back to service and lease as many planes as possible to be competitively relevant, aviation consultancy firm Capa India said on Thursday. "Although the market for procuring aircraft in 2024 is exceptionally tight, we expect that SpiceJet will bring stored aircraft back into operations, and will wet or dry lease as much capacity as possible, in order to be competitively relevant. "This will have a material impact on the industry structure, and possibly on domestic profitability," Capa India said in its report.

SpiceJet hives off cargo & logistics biz

SpiceJet hives off cargo & logistics biz

Rediff.com3 Apr 2023

SpiceJet Ltd on Monday said it has hived off its cargo and logistics business SpiceXpress into a separate entity -- SpiceXpress and Logistics Pvt Ltd, from April 1. The move results in a one-time gain of Rs 2,555.77 crore for SpiceJet, substantially reducing its negative net worth, the company said. It also paves the way for SpiceXpress to raise funds independently, SpiceJet said.

IndiGo Tops in Flight Cancellations

IndiGo Tops in Flight Cancellations

Rediff.com5 Aug 2025

IndiGo, which operates the largest fleet among Indian carriers, has reported the highest number of serious engine-related incidents.

SpiceJet flier gets stuck in loo mid-air, crew advises not to panic

SpiceJet flier gets stuck in loo mid-air, crew advises not to panic

Rediff.com17 Jan 2024

SpiceJet apologised for the inconvenience caused to the passenger and will also provide a full refund. As the passenger kept waiting in the lavatory, a cabin crew slipped in a note asking the passenger not to panic and that despite trying their best, the door could not be opened.

Kathmandu airport closed, flights cancelled amid protests

Kathmandu airport closed, flights cancelled amid protests

Rediff.com9 Sep 2025

Several airlines, including Air India and IndiGo, have cancelled flights to and from Kathmandu due to the temporary closure of Tribhuvan International Airport amid anti-government protests. Passengers are advised to defer travel until the situation stabilizes.

Why analysts are betting on IndiGo, SpiceJet

Why analysts are betting on IndiGo, SpiceJet

Rediff.com29 Dec 2023

Airline stocks have been soaring following a steep decline in crude oil prices and sustained passenger traffic. Analysts have particularly turned bullish on the stocks of InterGlobe Aviation and SpiceJet. On December 20, shares of InterGlobe Aviation (IndiGo) hit a record high of Rs 3,009 on the BSE, having surged 43.24 per cent year-to-date (YTD).

Breather for SpiceJet; DGCA removes it from enhanced surveillance regime

Breather for SpiceJet; DGCA removes it from enhanced surveillance regime

Rediff.com25 Jul 2023

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.

SpiceJet told to pay Rs 75 cr to Kalanithi Maran

SpiceJet told to pay Rs 75 cr to Kalanithi Maran

Rediff.com1 Jun 2023

The Delhi high court has directed SpiceJet to deposit "forthwith" Rs 75 crore that has to be paid to media baron Kalanidhi Maran and his Kal Airways towards interest on an arbitral award of Rs 578 crore. The high court said, admittedly, there is no modification of the February 13, 2023 order passed by the Supreme Court in the case, and hence it needs to be followed. "Since the judgment debtor (SpiceJet) had failed to pay an amount of Rs 75 crores to decree holder (Maran and Kal Airways), hence in terms of para 15 (ii) of the order dated February 13, 2023 of the Supreme Court, there is no other alternative except to call upon the judgment debtors to deposit the entire outstanding amount qua interest forthwith, thus is so directed.

DGCA orders inspection of Boeing 787, 737 fuel switch system

DGCA orders inspection of Boeing 787, 737 fuel switch system

Rediff.com14 Jul 2025

The DGCA has asked airlines to inspect the fuel switch locking system in their Boeing 787 and 737 planes after a preliminary probe report into the Air India crash found that the switches were cut off before the accident.

6 aircraft reported engine shutdowns this year: Govt

6 aircraft reported engine shutdowns this year: Govt

Rediff.com5 Aug 2025

The civil aviation ministry reports six aircraft engine shutdown incidents and three May Day calls in India this year. The Air India plane crash investigation is ongoing, with all aspects being examined.

Tribunal questions maintainability of insolvency plea filed against SpiceJet

Tribunal questions maintainability of insolvency plea filed against SpiceJet

Rediff.com4 Jul 2023

The National Company Law Tribunal (NCLT) on Tuesday questioned the maintainability of the insolvency plea filed against air carrier SpiceJet by one of its operational creditors Willis Lease Finance Corporation. A two-member NCLT bench comprising Members Mahendra Khandelwal and Rahul Prasad Bhatnagar observed that Willis Lease Finance Corporation has withdrawn its insolvency plea for the same dispute in March 2023 and has approached again with a new plea. The bench wanted to know as Willis Lease Finance Corporation, an aircraft lessor, had filed again for a similar cause of action within a few months.