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.
In value terms, the exports increased by 36 per cent to touch Rs 967.30 crore (Rs 9.67 billion) during the quarter.
Low cost carrier SpiceJet on Monday announced the appointment of Sanjay Aggarwal as its chief executive officer. Prior to this, Aggarwal was working with private air travel services provider Flight Options as chief operating officer and chief strategy officer, a company statement said.
It would help in saving fuel, reducing CO2 emissions as well as noise levels, according to officials
The airline reported a net loss of Rs 321.50 crore (Rs 3.21 bn) in Q4.
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.
Spices Futures market is heading south and the trend is expected to continue for sometime from now.
An easy recipe for a mid-week meal.
While most kofta curries are made with lamb, Hitesh makes his dish with chicken meatballs.
SpiceJet is offering fares on Mumbai-Dubai route as a discount.
Looking for party starters for New Year?
Neil Mills explains the rationale behind slashing fare by 50 per cent in a recent offer.
The travel period for tickets availed under this offer stands between January 15 and April 12
SpiceJet on Monday launched discounted ticket sales at 'rates cheaper than AC 2-Tier train fare.
The Aditya Birla group's wireless telephony firm Idea Cellular has agreed to buy Spice Communications in a three-stage deal in which minority shareholders of Spice would be given an option either to swap their shares for the Birla group firm or sell them in an open offer.
The airline launched a three-day discounted sale of tickets starting at Rs 1,010, to mark its 10th anniversary
Barring one quarter, SpiceJet made a profit in every quarter last year.
The Hindi dubbed (badly) version of the Tamil hit Aranmanai is out, and it turns out to be lengthy, noisy and mostly tedious, observes Deepa Gahlot.
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.
SpiceJet had last year announced a $4.4-bn deal for 42 Boeing 737 Max.
Such tickets can be booked through the SpiceJet website alone
Airfares have nearly doubled in a matter of days on routes hit by the cancellation of 200 weekly flights linking Mumbai airport to 12 cities. The fares have soared as high as 193 per cent following a recent government order to cancel flights to ease "persistent congestion" that was causing delays. Aside from the reduction in flights on 12 routes, two destinations - Hubli and Jabalpur - have lost connectivity with Mumbai since last week, according to aviation analytics firm Cirium's data reviewed
On December 31, SpiceJet's accumulated losses had grown to Rs 3,233 crore.
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.
The B K Modi-led Spice Corporation said on Monday it has been shortlisted by the Satyam board to put its bid for a majority stake in the crisis-ridden IT firm. A senior official of Spice Corp told PTI the company would now get access to financial data relating to revenues, number of employees and clients and other details to value the firm for putting the auction price.
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After all its flights remained grounded for most part of the day on Wednesday, cash-strapped SpiceJet resumed operations in the evening as oil companies, which had stopped fuel supplies to its aircraft, eased the restriction.
Last week, the carrier had asked about 60 pilots who had resigned to leave after serving only half the six-month notice period.
Cash-strapped SpiceJet has cancelled over 1,800 flights across the country for the current month, in signs of mounting troubles for the budget airline.
The pilots of India's budget carrier SpiceJet would now be trained by flight training establishment of the Dubai carrier, Emirates.
This is also the highest ever profit recorded by the carrier, which was facing turbulent times a year ago.
This is the third consecutive profitable quarter for SpiceJet.
Spices export increased close to 50 percent during April-August period. India exported US$421.16 million worth spices during this period while it was only US$ 280.71 million in same time last year.
Temasek Holdings Pte Ltd., the Singapore government's investment company, said it would not invest in SpiceJet Ltd., an Indian low-fare carrier that started flying in May, because of a disagreement on terms.
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
SpiceJet owes around Rs 240 crore (Rs 2.40 billion) to the Airports Authority of India (AAI) for using its airports in the country.
The customary naadan or home-cooked meal is rather memorable fare.
SpiceJet also plans to increase its daily flights to 251.
Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly.
The bookings for this three-day offer commences from Monday with a travel validity period between January 16 and October 24 next year, SpiceJet said.
The DGCA has allowed SpiceJet to accept advance bookings beyond March 31.
