April 01, 2020 10:20 am
According to a senior official in SpiceJet, there were some employees who had got just a few thousand rupees in their bank accounts from the company as salary till now.
March 31, 2020 3:25 pm
"SpiceJet management has decided to implement a pay cut between 10-30 per cent in March across our employee base. Our Chairman and Managing Director (Ajay Singh), in fact, has opted for the highest cut of 30 per cent in compensation," the airline said in the communication.
March 30, 2020 10:47 am
Which airlines are most at risk? Like the virus, the crisis is indiscriminate, affecting everyone from budget operators to national flag carriers.
March 29, 2020 12:38 pm
As a precautionary measure, the spokesperson said, all crew and staff who had been in direct contact with him have been asked to self-quarantine by staying at home for the next 14 days.
March 26, 2020 8:33 am
While sources indicated that SpiceJet returned the aircraft on account of a cash-crunch, a company spokesperson denied the financial situation as a factor and said the carrier did not need the aircraft due to the trimmed operations.
March 19, 2020 3:52 pm
"Our Chennai-Colombo flight will restart from the 25th March, 2020, while our Delhi-Dubai and Mumbai-Dubai flights will resume from 16th April, 2020," the official added.
March 12, 2020 12:43 pm
Shares of IndiGo, SpiceJet and the defunct Jet Airways were deep in the red in the morning trade, with SpiceJet slumping over 18 per cent.
March 09, 2020 11:38 am
The shares of oil marketing companies were trading on a positive note during the morning trade with Hindustan Petroleum (HPCL) surging as much as 12.82 per cent to Rs 226.60, while Bharat Petroleum (BPCL) climbed 12.72 per cent to Rs 454.10 and Indian Oil (IOC) rose 4.41 per cent to Rs 105.25.
February 19, 2020 2:41 pm
The new services will fly daily and will be operated by a mix of Boeing 737-800 and Bombardier Q400 aircraft, SpiceJet said.
February 19, 2020 1:57 pm
The Competition Commission of India (CCI) in 2015 ordered a probe into allegations of anti-competitive practices after similar fares were being offered on certain routes by IndiGo, SpiceJet, GoAir, state-run Air India and now-defunct Jet Airways.
July 30, 2018 2:56 am
Domestic airlines have reported the number of technical snags they have experienced. Of them all, IndiGo's numbers jump out, because it first reported 340 odd snags and when rivals reported the number suspect, it was revised to over 14,000 snags.