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India's SpiceJet to induct 10 aircraft from September 2023 India's SpiceJet will add 10 Boeing 737 aircraft to its fleet between September and October to cater to the growing passenger traffic, the low-cost carrier said on Friday. The planes will include five 737 Max aircraft, the Gurugram-based airline said, without disclosing the list price. As of June 2023, its fleet comprised 91 aircraft, according to the SpiceJet website. It was not immediately clear if the figure included the 25 planes it had grounded. The low-cost carrier is tryin...
India's SpiceJet to induct 10 aircraft from September 2023
India's SpiceJet to induct 10 aircraft from September 2023
Source: Reuters
9/06/2023 2:12:26 PM
SpiceJet suspends Ahmedabad-Goa flight operations New Delhi, May 12 Three days after lessors requested the aviation regulator, DGCA, to de-register three of the airline's planes, SpiceJet has suspended flight operations from Ahmedabad-Goa, for a month, sources in the know of things said. However, an official at SpiceJet claimed they keep on suspending operations as per demand and the flights are not grounded. Earlier, lessors had requested DGCA de-register one aircraft each from Wilmington Trust SP Services, Sabarmati Aviation Leas...
SpiceJet suspends Ahmedabad-Goa flight operations
SpiceJet suspends Ahmedabad-Goa flight operations
Source: (IANS) 
12/05/2023 8:40:02 PM
India's SpiceJet to transfer cargo business to unit, raise $300 million in fresh capital Indian low-cost carrier SpiceJet said on Monday it would transfer its cargo business to a unit for 25.56 billion rupees ($308.32 million), and raise another 25 billion rupees in fresh capital by issuing securities to qualified institutional buyers. The cash-strapped airline said it will also convert its dues to aircraft lessor Carlyle Aviation into shares worth $29.5 million.
India's SpiceJet to transfer cargo business to unit, raise $300 million in fresh capital
India's SpiceJet to transfer cargo business to unit, raise $300 million in fresh capital
Source: Reuters
27/02/2023 2:28:39 PM
SpiceJet, Indigo shares fly as Centre allows scheduled int'l flights Shares of Spicejet and Interglobe Aviation – which operates airline Indigo – rose sharply on Wednesday after the Centre's announcement to lift the ban on scheduled international flights. India will allow resumption of scheduled commercial international passenger services from March 27. Last month, India's civil aviation regulator had extended the ban on scheduled international commercial flights till "further orders". India had banned the operation of in...
SpiceJet, Indigo shares fly as Centre allows scheduled int'l flights
SpiceJet, Indigo shares fly as Centre allows scheduled int'l flights
Source: IANS
9/03/2022 2:40:18 PM
Flying High: Vietnam, Turkey, Russia on SpiceJet's radar for expansion Reinstatement of the Boeing 737 MAX aircraft as well as booming passenger traffic has re-energised SpiceJet's plan to start direct services to new destinations in Vietnam, Turkey and even Russia amongst others. In a conversation with IANS, SpiceJet's Chairman and Managing Director Ajay Singh emphasised the need for India-based carriers to start point-to-point medium to long haul services. "The time has come for Indian carriers to expand globally. India should not depend on ...
Flying High: Vietnam, Turkey, Russia on SpiceJet's radar for expansion
Flying High: Vietnam, Turkey, Russia on SpiceJet's radar for expansion
Source: IANS
27/11/2021 12:55:30 PM
Aviation rebound to sustain as vax drive keeps pace says Boeing India Easing travel hesitancy along with a notable reduction in Covid infection rate and an accelerated vaccination drive will sustain the healthy rebound in Indias aviation sector, said aerospace major Boeing India. Besides, easing restrictions as well as trends like ‘revenge travel' are expected to boost air passenger numbers. Notably, the trend shows a gradual conversion of the pent-up demand into a more sustainable growth pattern for the industry. "We are seeing a recove...
Aviation rebound to sustain as vax drive keeps pace says Boeing India
Aviation rebound to sustain as vax drive keeps pace says Boeing India
Source: IANS
26/11/2021 1:46:22 PM
Stock Idea - Spice Jet Ltd By Choice Broking SPICE JET LTD. On a monthly chart, the stock has given a six months breakout of its prior high of 83.90 May '21 and sustained above it, which indicates a bullish strength in the counter. Moreover, the stock has also confirmed a consolidation breakout on the daily timeframe and made a high at 85.15 on Tuesday session, which suggests a further upward movementin the stock. The price has sustained above Upper Bollinger & Ichimoku Cloud formation that supports the upward momentum ...
Stock Idea - Spice Jet Ltd By Choice Broking
Stock Idea - Spice Jet Ltd By Choice Broking
Source: Choice Broking
24/11/2021 9:58:25 AM
SpiceJet rises on entering into settlement with major lessor of MAX aircraft SpiceJet is currently trading at Rs. 71.65, up by 0.05 points or 0.07% from its previous closing of Rs. 71.60 on the BSE. The scrip opened at Rs. 72.40 and has touched a high and low of Rs. 74.00 and Rs. 70.60 respectively. So far 411196 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 107.95 on 14-Dec-2020 and a 52 week low of Rs. 45.60 on 25-Sep-2020. Last one week high and low of the scrip stood at Rs. 74.00 ...
SpiceJet rises on entering into settlement with major lessor of MAX aircraft
SpiceJet rises on entering into settlement with major lessor of MAX aircraft
Source: Accord Fintech
26/08/2021 2:37:54 PM
SpiceXpress airlifts 55K oxygen concentrators in 3 weeks SpiceJet's air cargo arm SpiceXpress has airlifted 55,000 oxygen concentrators and Covid relief materials in just over three weeks, the company said on Friday. According to the airline, out of this, 51,000 oxygen concentrators have been airlifted from the US, Singapore and China while 4,660 have been transported domestically. The airline has been deploying its wide-body and narrow-body cargo aircraft for these flights. "These oxygen concentrators have been ordered by SpiceHe...
SpiceXpress airlifts 55K oxygen concentrators in 3 weeks
SpiceXpress airlifts 55K oxygen concentrators in 3 weeks
Source: IANS
15/05/2021 9:16:37 AM
SpiceXpress decides not to ferry Vivo shipments after HK incident Airline major SpiceJet's cargo arm SpiceXpress has decided not to ferry cargo containing Vivo's mobile phones or accessories in the light of recent accident in Hong Kong. Accordingly, the mobile phone manufacturer's cargo caught fire at the Hong Kong airport leading to SpiceXpress' decision. Besides, other international airlines have also expressed similar reservations. The Hong Kong Air Cargo Carrier in a communication on April 11 said: "We regret to inform you ...
SpiceXpress decides not to ferry Vivo shipments after HK incident
SpiceXpress decides not to ferry Vivo shipments after HK incident
Source: IANS
14/04/2021 1:35:12 PM
SpiceJet launches scheduled freighter services to Bangkok SpiceJet's dedicated cargo arm SpiceXpress launched scheduled cargo flights connecting Mumbai and Delhi with Bangkok, the company said on Friday. Besides Bangkok, SpiceJet operates scheduled cargo flights to Singapore, Hong Kong and Bangladesh. According to the company, the airline has deployed its Boeing 737-800F aircraft on these routes. "SpiceJet's scheduled flights will operate twice-a-week to Bangkok's Suvarnabhumi Airport. The first flight carrying eight tonnes...
SpiceJet launches scheduled freighter services to Bangkok
SpiceJet launches scheduled freighter services to Bangkok
Source: IANS
9/04/2021 5:49:24 PM
SpiceJet climbs on signing MoU with Avenue Capital Group Spicejet is currently trading at Rs. 70.15, up by 1.80 points or 2.63% from its previous closing of Rs. 68.35 on the BSE. The scrip opened at Rs. 69.95 and has touched a high and low of Rs. 70.75 and Rs. 68.85 respectively. So far 62046 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 107.95 on 11-Dec-2020 and a 52 week low of Rs. 36.00 on 31-Mar-2020. Last one week high and low of the scrip stood at Rs. 72.50 a...
SpiceJet climbs on signing MoU with Avenue Capital Group
SpiceJet climbs on signing MoU with Avenue Capital Group
Source: Accord Fintech
31/03/2021 11:44:40 AM
SpiceHealth extends RT-PCR test at Rs 499 for public SpiceJet promoters backed SpiceHealth has extended the RT-PCR test at Rs 499 to the general public. The company claimed that its test's cost is the cheapest available in the market. Till now, the company has been working with various state governments and government medical bodies to facilitate Covid testing. "While that association continues, SpiceHealth has now decided to open its testing facilities for the general public to ensure rapid testing to fight the pandemic,"...
SpiceHealth extends RT-PCR test at Rs 499 for public
SpiceHealth extends RT-PCR test at Rs 499 for public
Source: IANS
12/03/2021 9:10:06 AM
SpiceXpress launches scheduled cargo ops to Singapore SpiceJet's dedicated cargo arm SpiceXpress has launched scheduled freighter operations connecting Mumbai, Bengaluru and Chennai with Singapore. The airline will deploy its Boeing 737-700F or 800F aircraft on these routes. "This development would strengthen air trade between the two countries by providing faster and seamless logistics solutions," Ajay Singh, Chairman and Managing Director, SpiceJet was quoted as saying in a statement. "In addition, this strategic mo...
SpiceXpress launches scheduled cargo ops to Singapore
SpiceXpress launches scheduled cargo ops to Singapore
Source: IANS
24/02/2021 9:25:57 AM
SpiceJet falls after reporting passenger load factor of 76.6% in January Spicejet is currently trading at Rs. 86.45, down by 1.75 points or 1.98% from its previous closing of Rs. 88.20 on the BSE. The scrip opened at Rs. 88.25 and has touched a high and low of Rs. 88.50 and Rs. 86.35 respectively. So far 178621 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 107.95 on 11-Dec-2020 and a 52 week low of Rs. 30.80 on 25-Mar-2020. Last one week high and low of the scrip stood at Rs. 91.6...
SpiceJet falls after reporting passenger load factor of 76.6% in January
SpiceJet falls after reporting passenger load factor of 76.6% in January
Source: Accord Fintech
19/02/2021 2:04:32 PM
SpiceJet to launch 24 new domestic flights from Feb 12 onwards Budget carrier SpiceJet will launch 24 new domestic flights between February 12 and 20. Accordingly, SpiceJet will be the first and only airline to connect Ajmer with Mumbai and Ahmedabad with Amritsar reiterating the airline's commitment to enhance connectivity between metro and non-metro cities. The new flights also include four new seasonal flights connecting Jaisalmer with Delhi and Ahmedabad. Besides, it will launch daily flights on the Ahmedabad - Bengaluru - Ahmedabad, Kol...
SpiceJet to launch 24 new domestic flights from Feb 12 onwards
SpiceJet to launch 24 new domestic flights from Feb 12 onwards
Source: IANS
11/02/2021 3:02:48 PM
Spicejet's Q3 standalone net loss at Rs 57 cr Budget carrier Spicejet on Wednesday reported a standalone net loss of Rs 57 crore for the quarter ended December 2020. On a sequential basis, the airline was able to halve its net loss to Rs 57 crore in Q3FY21 from Rs 112.6 crore reported for Q2FY21. The company had reported a net profit of Rs 73.22 crore during the quarter ended December 2019. In a statement, the company said that its total income during the third quarter of FY21 rose to Rs 1,907 crore from Rs 1,305 crore in Q2FY21...
Spicejet's Q3 standalone net loss at Rs 57 cr
Spicejet's Q3 standalone net loss at Rs 57 cr
Source: IANS
11/02/2021 9:36:14 AM
Technical Positional Pick - Buy SpiceJet Ltd For Target Rs. 112 - HDFC Securities Technical Positional Pick - Buy SpiceJet Ltd For Target Rs. 112 - HDFC Securities  Observation: The downward correction in this aviation stock (Spicejet Ltd) seems to have ended in this week, as per weekly timeframe chart. The stock price has bounced up sharply from near the support of Rs 81.50, as per the concept of change in polarity. The weekly support of 10 week and 20 week EMA is intact. The recent swing low of Rs 81 of last week could be considered as a new higher ...
Technical Positional Pick - Buy SpiceJet Ltd For Target Rs. 112 - HDFC Securities
Technical Positional Pick - Buy SpiceJet Ltd For Target Rs. 112 - HDFC Securities
Source: HDFC Securities Ltd
5/02/2021 1:59:10 PM
SpiceJet to add 20 new domestic flights from February Budget airline SpiceJet will add 20 new flights on its domestic network from February. Accordingly, the airline announced the launch of 16 new flights connecting Jaipur with different cities including Dehradun, Amritsar, Udaipur and Delhi among others. Besides, the airline will connect Pakyong with Kolkata under the UDAN scheme. The airline will also add its second frequency between Delhi and Dehradun. All the new flights are scheduled to commence operations effective 1st & 10...
SpiceJet to add 20 new domestic flights from February
SpiceJet to add 20 new domestic flights from February
Source: IANS
30/01/2021 5:49:43 PM
Commercial flight services resume in Sikkim after 19 months Commercial passenger flight services at Sikkims lone airport at Pakyong near Gangtok resumed on Saturday after a gap of about 19 months. A SpiceJet aircraft with 57 passengers from Delhi landed at the Pakyong airport, as Sikkim Health Minister M.K. Sharma welcomed the travellers. The flight returned with 21 passengers. Terming it a historic day, Sharma said that airline services would be a lifeline for the Sikkimese people and boost tourism and trade in the mountainous state. Additio...
Commercial flight services resume in Sikkim after 19 months
Commercial flight services resume in Sikkim after 19 months
Source: IANS
24/01/2021 9:33:31 AM
SpiceJet inducts 2 more wide-body aircraft to cargo fleet To further strengthen cargo operations, budget carrier SpiceJet has inducted two more wide-body planes -- a Boeing 767 and Airbus A330 -- to its cargo fleet. Accordingly, with the latest induction, SpiceJet will have a dedicated fleet of 19 cargo aircraft, including five wide-body jets. Other than the wide-body aircraft, SpiceJet's cargo fleet includes five Boeing 737 freighters and nine Q-400s. As per the company, the two wide-body cargo aircraft that have been inducted would pr...
SpiceJet inducts 2 more wide-body aircraft to cargo fleet
SpiceJet inducts 2 more wide-body aircraft to cargo fleet
Source: IANS
20/01/2021 2:44:34 PM
SpiceJet shares surge 13% as US regulator clears Boeing 737 Max Shares of budget airline SpiceJet rose over 13 per cent on Thursday after the Federal Aviation Administration (FAA) of the US cleared Boeing's 737 Max aircraft to resume flying, nearly two years after it was banned post two fatal crashes. The stock price surged 13.6 per cent on the BSE to hit an intra-day high of Rs 75.40 per share. Around 11 a.m., its shares were trading at Rs 74.35, higher by Rs 8 or 12.06 per cent from its previous close. SpiceJet is the only India airline wit...
SpiceJet shares surge 13% as US regulator clears Boeing 737 Max
SpiceJet shares surge 13% as US regulator clears Boeing 737 Max
Source: IANS
19/11/2020 12:37:17 PM