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SpiceJet
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SpiceJet: A Low-Cost Carrier's Ascent and Challenges SpiceJet, headquartered in Gurgaon, holds a significant position in India's aviation landscape. Currently the sixth largest domestic carrier, commanding a 4% market share as of June 2024, it connects 73 destinations - 60 domestic and 13 internatio...
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- Headquarters Gurgaon, Haryana, India
- Key people Ajay Singh (Chairman and MD), Sanjeev Taneja (CFO), Debojo Maharshi (CBO)
- Revenue ₹8,524 crore (US$980 million) (2024)
- Net income ₹-423 crore (US$-48 million) (2024)
- Subsidiaries SpiceXpress
- Website www.spicejet.com
Related Other Pages:
- Vistara, Air Canada and Jet Airways
SpiceJet history
Last Updated : 15/03/25, 03:35 AM
SpiceJet: A Turbulent Journey SpiceJet's history began in 1984 as a private air taxi service founded by S K Modi. A subsequent partnership with Lufthansa saw it operate as Modiluft before ceasing operations in 1996. Reborn in 2005 under Ajay Singh's leadership as a low-cost carrier, SpiceJet quickly...
SPICEJET NEWS
DGCA deregisters three SpiceJet aircraft after lessor puts in request
August 04, 2022 10:38 pm
DAE and Alterna had put in the Irrevocable Deregistration and Export Request Authorisation (IDERA) requests to deregister the aforementioned four planes.
‘SpiceJet CMD Singh in talks to pare stake’
August 04, 2022 1:00 am
The airline has been bleeding and needs heavy capital infusion. “The new promoters would need to inject a large amount of capital to revive the business. In this context, the equity has little value,” an analyst explained.
SpiceJet clears all outstanding principal dues of AAI
August 02, 2022 11:08 am
The Centre-run AAI had in 2020 put SpiceJet on a 'cash and carry' basis as the carrier was unable to clear its previous dues.
Gujarat to resume seaplane ride to Statue of Unity with amphibious aircraft
August 01, 2022 10:51 am
The service has been suspended since April 10, 2021, after SpiceJet pulled out and now MEHAIR, which had bid for the tender of the project issued by the Gujarat government in January, is in the final stage of procuring an amphibious Cessna aircraft from the US.
SpiceJet shares dive nearly 10%; hit 52-week low
July 28, 2022 1:21 pm
The stock tanked 9.66 per cent to its 52-week low of Rs 34.60 on the BSE.
Explained: SpiceJet's safety record, and why DGCA order may not really disrupt flight schedules
July 28, 2022 1:03 pm
India's aviation safety regulator has ordered SpiceJet to curtail its schedule by 50 per cent for the next eight weeks. What is the reason for this? Will it impact the airline's flight schedule?
DGCA orders SpiceJet to operate 50% of approved flights for 8 weeks following multiple snags
July 28, 2022 11:01 am
On July 6, the DGCA had issued a show-cause notice to SpiceJet in light of the rising number of air safety incidents witnessed by the low-cost airline.
DGCA did not find 'any major significant finding or safety violation': SpiceJet
July 26, 2022 12:23 pm
The airlines claimed that 10 defects or malfunctions were identified by the DGCA and all the issues have been rectified.
HC dismisses plea seeking grounding of SpiceJet flights over glitches
July 19, 2022 2:11 am
The division bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad said the Aircraft Act provides for a robust mechanism for aircraft industry and the court cannot stop an airline from operating on the basis of the averments made in the public interest litigation.
SpiceJet plane grounded after glitch, released to service later
July 12, 2022 10:16 pm
This was the ninth incident of a technical malfunction involving a SpiceJet flight in the last 24 days.
