Two more senior executives exit SpiceJet

Last Updated: Tuesday, June 2, 2015, 17:37

Sandeep Verma and V K Khosla stepped down last Friday, sources said on Tuesday.

SpiceJet flies high, stock soars nearly 7% on solid results

Last Updated: Friday, May 29, 2015, 13:13

Shares of SpiceJet zoomed nearly 7 percent Friday after the company posted its first profit in seven quarters.

SpiceJet registers first profit in eight quarters; Q4 profit at Rs 22.51 crore

Last Updated: Thursday, May 28, 2015, 18:41

After seven quarters of losses, budget carrier SpiceJet Thursday flew back into black with a net profit of Rs 22.51 crore in the January-March period of the last fiscal helped by renegotiated contracts and settlements and provisioning for re-delivery expenses among others.

SpiceJet raises additional Rs 300 cr funding, Ajay Singh appointed CMD

Last Updated: Thursday, May 21, 2015, 19:22

Budget carrier SpiceJet, which was on the brink of collapse in December after being hit by a financial crisis, has managed to raise an additional Rs 300 crore funding, even as its co-founder Ajay Singh was Thursday appointed as the airline's Chairman and Managing Director.

SpiceJet to mobilise another Rs 300 cr; appoints Ajay, Shiwani as new directors

Last Updated: Thursday, May 21, 2015, 15:15

Budget carrier SpiceJet on Thursday said it will infuse Rs 300 crore into the airline through various instruments and enhance its fleet size to 45-50 aircraft by March next year.

SpiceJet says to raise more funds, increase fleet size

Last Updated: Thursday, May 21, 2015, 14:58

In March, Indian courts had ordered India`s aviation regulator to deregister 11 of SpiceJet`s Boeing planes.

Top SpiceJet official Sudhakar Kondisetty resigns

Last Updated: Sunday, May 3, 2015, 12:44

Sudhakar Kondisetty, SpiceJet's senior vice president for information technology, has quit, the second top executive to step down in less than one month after the new owner Ajay Singh came onboard.

SpiceJet offers 1.50 lakh domestic tickets at Rs 999

Last Updated: Monday, April 27, 2015, 20:51

The latest low-fare offer from the airline, which is now under new promoter Ajay Singh, is available to passengers travelling with only cabin baggage, a release said.

SpiceJet expands fleet, inducts 3 wet-leased Boeing 737s

Last Updated: Sunday, April 12, 2015, 14:24

No-frills airline SpiceJet has expanded its Boeing fleet to 20 aircraft, with the carrier taking delivery of three B-737s from a Czech company on a short term wet-lease.

SpiceJet may bring Ajay Singh's wife Shivani as woman director

Last Updated: Sunday, April 12, 2015, 14:23

Budget carrier SpiceJet may bring in new promoter Ajay Singh's wife Shivani Singh on its board to comply with SEBI's norm for listed companies to have at least one woman director.

SpiceJet's Chief Commercial Officer resigns

Last Updated: Friday, April 10, 2015, 15:10

SpiceJet's Chief Commercial Officer Kaneswaran Avili has stepped down from the post, making him the first senior executive to leave the airline under the new promoter Ajay Singh.

SpiceJet to wet lease three Boeing 737 aircraft

Last Updated: Tuesday, April 7, 2015, 19:16

The no-frills carrier, which is on a revival path under the ownership of Ajay Singh, would be wet leasing the three aircraft for a period of three months.