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SpiceJet

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...

SpiceJet Overview

SpiceJet Image Source : Wikipedia
  • 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

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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

Glitches in training, 90 pilots barred from Boeing’s 737 MAX

April 14, 2022 7:20 am

These pilots, who are on the rolls of low-cost carrier SpiceJet, will have to undergo re-training to the satisfaction of the regulator.

Delhi High Court grants SpiceJet chief interim protection from arrest

April 08, 2022 2:02 am

Directing Ajay Singh to join the investigation, the bench also said he would have to keep disputed shares secured till further orders in accordance with the offer made by his counsel before the court.

City Union Bank marks SpiceJet SMA-1, recalls Rs 100-crore overdraft

March 31, 2022 12:30 am

A SpiceJet spokesperson said, “The Rs 100 crore facility is fully secured and backed by a Rs 100 crore fixed deposit. There has never been a default in service of this facility.”

SpiceJet aircraft hits pole at Delhi airport

March 29, 2022 1:24 am

In the aftermath of the incident, both the operating pilots, the aircraft maintenance engineer (AME), wing walkers and the push-back operator have been taken off duty pending an investigation.

Aviation stocks jump as India set to resume international flights from March 27; IndiGo surges 8%

March 09, 2022 11:32 am

InterGlobe Aviation, the company which operates budget carrier IndiGo, surged 8.02 per cent to Rs 1,727.00 per share on the National Stock Exchange (NSE) while on BSE it rose 7.90 per cent to Rs 1,726.45. After a two-year suspension, India will resume scheduled international commercial flights from March 27, the Ministry of Civil Aviation said on Tuesday.

SC grants three weeks to SpiceJet to resolve financial issues with Swiss firm

January 28, 2022 12:03 pm

🔴 A bench headed by Chief Justice N V Ramana took note of the submissions of senior advocate Harish Salve that SpiceJet would try to resolve the issue with the Swiss firm.

Winding up order: Madras HC dismisses SpiceJet plea

January 12, 2022 12:01 am

A division bench of Justice Paresh Upadhyay and Justice Sathi Kumar Sukumara Kurup extended the suspension of the order till January 28, to enable the airline to move a further appeal before the Supreme Court.

Mid-air snag: SpiceJet 737 MAX returns to Mumbai

December 10, 2021 1:07 am

The flight departed Mumbai just before 7pm and flew for about 20 minutes before the snag developed, upon which the crew of the flight decided to land back at Mumbai.

Madras High Court orders winding up of SpiceJet over outstanding dues

December 08, 2021 10:00 am

🔴 SpiceJet “has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co Vs Madhu Woollen Industries, and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956,” the high court said in its order.

Unruly passenger offloaded from Guwahati-Delhi plane on Friday: SpiceJet

November 28, 2021 6:20 pm

🔴 The incident happened on Friday morning on the Delhi-bound flight SG 8169, when the aircraft was taxing on the runway.

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