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  Government comes to rescue of Spicejet, may ask banks to give loans

  December 16, 2014 23:12 IST

  New Delhi:  Coming to the rescue of the crisis-ridden budget airline SpiceJet, the Civil Aviation Ministry today said it may request Indian banks/financial institutions to extend loans of upto Rs 600 crore to the airline

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  SpiceJet seeks govt help; Request to be put up before PMO: Mahesh Sharma

  December 15, 2014 19:54 IST

  New Delhi:  Suffering a total liability of about Rs 2,000 crore, beleaguered no-frill carrier SpiceJet today approached the government and sought urgent financial help to run its daily operations.Top officials of the airline met Minister

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  SpiceJet cancels over 1,800 flights in domestic sector

  December 09, 2014 8:40 IST

  Chennai: 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 air carrier, which is part of Kalanithi Maran-led Sun Group, has

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  Government rules out bail-out measure for SpiceJet

  December 07, 2014 7:38 IST

  New Delhi: Government has ruled out any bail-out measure to cash-strapped budget carrier SpiceJet.Civil Aviation Minister Ashok Gajapathy Raju also justified the actions taken by the Directorate General of Civil Aviation against the airline including

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  DGCA acts tough against troubled SpiceJet, withdraws 186 flight slots

  December 06, 2014 8:06 IST

  New Delhi: Concerned over the deteriorating condition of SpiceJet and large-scale flight cancellations, aviation regulator Directorate General of Civil Aviation (DGCA) yesterday withdrew 186 of its slots and asked it to clear salary dues of

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  71 pilots grounded this year by DGCA, half of them from SpiceJet, IndiGo

  December 03, 2014 13:01 IST

  New Delhi: At least 71 pilots were grounded this year for various reasons, including being found tipsy, with about half of them belonging to no-frill carriers SpiceJet and IndiGo, Rajya Sabha was informed today.19 pilots

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  SpiceJet mum on sell-out, says exploring all options for funds

  November 22, 2014 10:26 IST

  Mumbai: Amid reports of a possible stake sale, low-cost airline SpiceJet said it is exploring all options to mop up funds to overcome the cash crunch.The company did not divulge whether it is considering diluting

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  40 pilots quit SpiceJet; auditors doubt airline's viability

  November 17, 2014 9:56 IST

  Mumbai: Apprehending an uncertain future for the company, some 40-odd SpiceJet pilots including commanders have quit the airline during the past six months, say sources.The airline auditors, in their recent report, have cast doubts over

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  SpiceJet suspends Surat operations, after run-in with a stray animal

  November 07, 2014 14:48 IST

  New Delhi: Budget passenger carrier SpiceJet on Friday said that it has suspended its services to Surat indefinitely, after one of its aircraft had a run-in with a stray animal at the city's airport last

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  SpiceJet flight hits animal before take-off at Surat airport

  India | November 06, 2014 23:32 IST

  Surat:  A Delhi-bound Spicejet plane, with about 140 passengers onboard, hit a stray animal on the runway a few seconds before the take-off at the Surat airport today.“A Surat-to-Delhi SpiceJet aircraft, Flight number SG 622,

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  SpiceJet, Indigo, others offer festive season discount

  October 22, 2014 11:14 IST

  New Delhi: Domestic carriers resorted to another round of discounted fares with cash-strapped SpiceJet making the first move with a limited-period discounted one-way domestic fare offer, ranging from all-inclusive fares of Rs 899 to Rs

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  Jet Airways, SpiceJet start another fare war

  October 22, 2014 8:17 IST

  New Delhi: Jet Airways and SpiceJet have launched yet another fare war in the domestic market ahead of Diwali, announcing limited-period one-way all-inclusive economy fares starting Rs 899.Both airlines said the low-priced tickets were on

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  SpiceJet announces 50% discount on base fares

  September 25, 2014 17:23 IST

  New Delhi: In yet another low-fare offer, SpiceJet today announced 50 per cent off on base fares on limited tickets for travel till March next year, on sale till Saturday.The offer would allow customers to

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  IndiGo launches another round of promotional fares

  June 19, 2014 7:44 IST

  Mumbai: The fare war triggered by the entry of AirAsia into the domestic market continues as the budget carrier IndiGo has launched another round of promotional fares, starting at Rs 1,724 (all inclusive) for a

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  SpiceJet launches nationwide promotional airfare scheme

  June 18, 2014 14:46 IST

  New Delhi: Budget carrier SpiceJet Tuesday launched another promotional fare scheme offering all-India travel options between July 19 and September 30 for Rs.1,999, including taxes.According to the airline, the scheme has been launched for three

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  DGCA warns IndiGo, SpiceJet, GoAir for flouting payload norms

  India | June 13, 2014 21:06 IST

  New Delhi: Aviation regulator DGCA today took three no-frill airlines to task for allegedly flouting payload restriction norms while flying to Jammu and Patna, where the airports have short runways, and warned them of stopping

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  SpiceJet starts fresh round of low-fare wars

  June 13, 2014 15:54 IST

  New Delhi: Kalanithi Maran-promoted budget carrier SpiceJet has announced another round of discounts, offering flyers fares as low as R1,999 under a ‘Monsoon Sale' scheme. The fresh round of discounted fares is applicable for three

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  SpiceJet launches another low-fare plan; targets Tier 2 cities

  June 03, 2014 19:58 IST

  Mumbai: Budget carrier SpiceJet, which triggered a low-fare war in the market early this year, came out with another promotional all-inclusive ticket offer today starting from Rs 2,999 for a one-way journey on domestic routes,

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  SpiceJet in talks with overseas investors for fund infusion

  May 20, 2014 16:06 IST

  New Delhi: India's second largest budget carrier SpiceJet, which reported a record Rs 1,003 crore net loss last fiscal, may soon receive the much-needed capital infusion as talks with an overseas investor have reached "very

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  SpiceJet reports Q4 net loss at Rs 321.5 cr

  May 17, 2014 21:45 IST

  Mumbai: Low-cost carrier SpiceJet on Saturday reported a net loss of Rs 321.51 crore for the quarter ended March 2014 due to depreciation in the local currency, general economic slowdown and softening demand.This loss was