NEW DELHI: Thanks to its recent Rs 3,000-crore funding, SpiceJet has informed the Directorate General of Civil Aviation (DGCA) it plans to have all its grounded planes back in the air within 18-24 months. Ajay Singh’s airline has earmarked Rs 400 crore for spares, maintenance and engineering for this task. And in the interim, it…
NEW DELHI: SpiceJet is now looking at a lifeline with its crucial fundraising exercise learnt to be finding favour with investors. The airline’s Rs 3,000-crore QIP has been oversubscribed, say sources. The likely investors include institutional funds like Tata Mutual Fund, Bandhan Bank, Discovery Fund, Plutus, Jupiter Fund Management and Think Investments.Family offices of ace…
NEW DELHI: SpiceJet on Saturday canceled its Delhi to Darbhanga flight which led to disgruntled passengers staging a protest at Delhi airport. A video of passengers protesting and shouting slogans at the airport was shared on social media. A spokesperson of the airline in a statement said that flight SG 495 from Delhi to Darbhanga…
NEW DELHI: The Delhi high court on Wednesday upheld an earlier ruling directing SpiceJet Airlines to ground three of its aircraft engines due to payment defaults to French engine lessors. The court rejected SpiceJet’s appeal against the order, which required the airline to return the engines to the lessors, Team France 01 SAS and Sunbird…
NEW DELHI: The global Microsoft cloud services outage on Friday caused significant inconvenience for passengers at Bengaluru airport, leading to long lines at the check-in counters of all major airlines as their systems were unable to process check-ins. Indigo, Air India Express, SpiceJet, and Akasa at Bengaluru airport started checking in passengers manually on after…
NEW DELHI: Passengers aboard SpiceJet flight SG 486 from Delhi to Darbhanga faced an uncomfortable and potentially hazardous situation as they were left without air conditioning for over an hour during a sweltering heatwave.Passengers reported feeling unwell due to the oppressive heat and lack of ventilation. Several passengers, including the elderly and young children, experienced…
NEW DELHI: Domestic air travel has again touched all time highs this summer but growth has been capped by high fares caused by a serious capacity crunch. DGCA data shows about 1.4 crore people flew within the country this May, almost the same as the peak seen last December. However, growth is capped at about…
NEW DELHI: Passengers on a SpiceJet flight from Delhi to Goa faced trouble at the Indira Gandhi International (IGI) airport in Delhi on Saturday after the flight was delayed for several hours.The airline said that the delay of flight SG-211 was caused by operational issues, as the originally scheduled aircraft had to be grounded due…
Lite Fare Regular Fare Flexi Plus Fare Return Fare Domestic Domestic Domestic Domestic 0-3 (Days left for departure) 0-3 (Days left for departure) 0-3 (Days left for departure) 0-3 (Days left for departure) INR 3500 or Airfare charges (Whichever is lower). Cancellation fee will depend upon the time of cancellation. INR 3500 or Airfare charges…
