SpiceJet shares jump over 8% on fleet expansion plans

Last Updated: Monday, June 8, 2015, 13:25

Shares of SpiceJet rose over 8 percent today as its chairman and main promoter Ajay Singh will invest more money in the airline for fleet expansion.

SpiceJet to expand fleet after regaining consumer confidence

Last Updated: Sunday, June 7, 2015, 20:29

"We were at a phase where the airline was actually shut down. The focus is now on getting back consumer confidence and we will work on that for a few more months," he said.

Ajay Singh to invest more in 'upswing' SpiceJet's fleet expansion

Last Updated: Sunday, June 7, 2015, 14:44

Singh, the original co-founder, has so far invested about Rs 800 crore into the no-frills airline since he took back the reins last December after a major crisis had hit the company.

Easing of 5/20 norms should not hit established carriers: Singh

Last Updated: Saturday, June 6, 2015, 21:23

"The government should seriously look at it (5/20 norms) before taking a decision (to modify it). It needs to be ensured that existing (or established) players are not penalised," SpiceJet's chairman and managing director Ajay Singh said.

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 Bombardier Q-400 fleet pilots get 20-25% pay hike

Last Updated: Monday, May 25, 2015, 21:07

Budget carrier SpiceJet has hiked the salary packages of its Bombardier Q-400 fleet commanders by 20-25 percent, bringing them on par with Boeing pilots, sources said.

City Union gets first batch of loan repayment from SpiceJet

Last Updated: Saturday, May 23, 2015, 20:09

Private sector lender City Union Bank has received the first batch of repayment of Rs 100 crore from low-cost air carrier SpiceJet, a top official said Saturday.

SpiceJet to hold 'flash sale' today to celebrate 10 years of operations

Last Updated: Saturday, May 23, 2015, 02:29

SpiceJet to hold 'flash sale' today to celebrate 10 years of operations

SpiceJet completes 10 years today; holds flash sale

Last Updated: Friday, May 22, 2015, 21:54

Low-cost airline SpiceJet, which completes 10 years of operations Friday, has offered a flat 10 percent discount on its select domestic flights with a single day five-hour booking period.

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.