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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
SpiceJet reports highest quarterly profit in 4 years; posts Rs 205 crore profit in Q1
August 14, 2023 1:01 pm
SpiceJet said the profit of Rs 205 crore was on account of "strong demand for air travel in India".
Grounded SpiceJet aircraft catches fire at Delhi airport, no injuries
July 25, 2023 10:03 pm
According to airport officials, the engine of the aircraft caught fire during maintenance work.
Aviation regulator DGCA removes SpiceJet from its enhanced surveillance regime
July 25, 2023 12:04 pm
The senior DGCA official said that in view of the observations made in the past concerning inadequate maintenance and in view of the incidents during the monsoon season last year, SpiceJet was placed under enhanced surveillance.
SpiceJet to get Rs 500 crore from promoter Ajay Singh
July 12, 2023 8:03 pm
The board of SpiceJet on Wednesday considered options for raising fresh capital.
Jolt for SpiceJet as SC refuses more time to make payment to Maran, Kal Airways
July 08, 2023 12:34 am
While refusing to extend the time, the Delhi High Court had on June 1 directed SpiceJet to deposit forthwith `75 crore that has to be paid to Maran and his Kal Airways towards interest on the arbitral award.
Execution of Rs 578 cr arbitral award: SC refuses to extend time for SpiceJet to make payment to Maran, Kal Airways
July 07, 2023 4:39 pm
While refusing to extend the time, the Delhi High Court had on June 1 directed SpiceJet to deposit "forthwith" Rs 75 crore that has to be paid to Maran and his Kal Airways towards interest on the arbitral award.
Delhi High Court directs SpiceJet to pay outstanding interest to Kalanidhi Maran
June 02, 2023 12:31 pm
The Supreme Court had on February 13 directed Spicejet to pay within three months Rs 75 crore to Kalanithi Maran “towards the liability on account of interest pending the disposal of the petition under Section 34” of the Arbitration Act.
SpiceJet's offer to settle unpaid dues not good enough, lessor tells tribunal
May 17, 2023 3:18 pm
SpiceJet's settlement offer was not good enough and talks had not reached anywhere, Aircastle told the tribunal which will next hear the case on May 25.
UK's SRAM & MRAM Group to invest $100 million in SpiceXpress; signs MoU
May 15, 2023 10:06 am
SpiceXpress, the cargo division of SpiceJet, announced that UK-based SRAM & MRAM Group will invest $100 million in SpiceXpress and Logistics Pvt. Limited.
SpiceJet says no plans to seek insolvency proceedings; starts process to revive grounded planes
May 11, 2023 3:06 pm
The statement from SpiceJet comes at a time when a lessor has filed an insolvency resolution plea against the airline and crisis-hit rival Go First being admitted for voluntary insolvency resolution proceedings.
