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SpiceJet to buy 100 planes, in talks with aircraft makers

Last Updated: Wednesday, July 29, 2015, 12:41

SpiceJet Ltd is in talks with Boeing Co and Airbus Group to acquire about 100 new narrow-body jets, its chief financial officer said on Wednesday, in a deal worth about $11 billion at list prices.

SpiceJet's turnaround continues, reports highest ever quarterly profit

Last Updated: Tuesday, July 28, 2015, 15:58

SpiceJet on Tuesday posted its second straight quarterly profit at Rs 71.8 crore in the three months ended June, helped by a steep 42 percent reduction in costs and higher seat occupancy.

SpiceJet shares close over 3% higher on stake sale reports

Last Updated: Friday, July 24, 2015, 20:17

Shares of low-cost airline SpiceJet were in demand Friday, rising over 3 percent, amid media reports of stake sale.

SpiceJet says in early talks with investors, denies tie-up with airlines

Last Updated: Friday, July 24, 2015, 19:32

SpiceJet Friday said a few potential investors are currently in "exploratory and preliminary" discussion with it, evincing interest to invest in the no-frills carrier while denying reports of entering into any commercial tie-up with any airline.

Govt extended 'light hand-holding' to SpiceJet: Aviation Minister

Last Updated: Thursday, July 23, 2015, 19:39

The government had extended "light hand-holding" to SpiceJet when it went through turbulent times, according to Civil Aviation Minister Ashok Gajapathi Raju.

SpiceJet says no default on TDS obligations

Last Updated: Wednesday, July 22, 2015, 21:55

With a Delhi court summoning SpiceJet and its former executives in income tax cases, the budget carrier Wednesday said it has not defaulted on any tax-deducted at source (TDS) obligations.

SpiceJet takes delivery of another Airbus plane

Last Updated: Monday, July 20, 2015, 19:13

No-frills carrier SpiceJet, which is looking to expand its fleet, has taken delivery of another Airbus plane on wet lease basis.

SpiceJet's Ajay Singh pledges over half of his stake

Last Updated: Monday, July 20, 2015, 17:44

At least more than one-fifth of SpiceJet shares have been pledged, with its promoter Ajay Singh pledging nearly 34 percent of his stake in the low-cost carrier.

Spicejet shares surge over 5%

Last Updated: Monday, July 20, 2015, 13:14

On the volume front, 29.97 lakh shares of the company were traded at BSE during the morning trade.

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.

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.