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Tag: SpiceJet

Politics

SpiceJet Shares Surge Over 7 Per Cent Following MultiFold Profit Increase

Shares of budget carrier SpiceJet surged by over 7 per cent in morning trade on Tuesday, following the company's announcement of a significant increase in standalone profit for the January-March quarter of the 2023-24 fiscal year. The stock rose by 7.35 per cent, reaching Rs 60 on the BSE. On Monday, SpiceJet reported a substantial rise in standalone profit, which jumped to Rs 119 crore in the January-March quarter of 2023-24, compared to Rs 16.85 crore in the same period the previous year. However, the company's revenue from operations during this quarter saw a 20 per cent decline, dropping to Rs 1,719.37 crore from Rs 2,144.85 crore in the fourth quarter of the financial year ended March 31, 2023, according to a regulatory filing. At 1 pm, shares of Sp...
Politics

SpiceJet Employee Booked For Slapping CISF Personnel At Jaipur Airport

In a video captured on CCTV at Jaipur airport, a SpiceJet employee was seen slapping a Central Industrial Security Force (CISF) male assistant sub-inspector, following an argument over security screening at Jaipur airport on Thursday. Following the incident, she was booked for assaulting a public servant. The airline, however, alleged that its employee was "sexually harassed". According to CISF officials, Anuradha Rani, the SpiceJet employee, was stopped from entering the airport with other staff members at around 4 AM. Assistant sub-inspector Giriraj Prasad had stopped her as she did not have proper authorisation to enter through a gate. She was then asked to go through screening for airline crew at a nearby entrance, but at that time, there were no fem...
Politics

Capacity crunch caps domestic air travel growth; IndiGo gains market share & SpiceJet shrinks – Times of India

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 4% (1.3 crore domestic flyers last May). The grounding of almost 80 IndiGo planes due to Pratt & Whitney issues; SpiceJet shrinking rapidly due to a severe cash crunch and GoAir’s collapse last May meant airlines saw their domestic flights going over 87% full.IndiGo saw its domestic market share balloon to 61.6% this May. Tata Group accounted for 28% (Air India plus Vistara plus erstwhile AirAsia India). Cash-strapped SpiceJet saw its market share shrink to 4% - down from 5.6%...
Politics

SpiceJet flight delayed for several hours in Delhi due to technical snag, passengers stranded – Times of India

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 to a technical problem.According to the passenger, SpiceJet flight SG-211, initially set to take off at 9.35 am from Delhi, underwent multiple rescheduling changes, then the departure time was adjusted to 10.35 am, then to 11 am, but the flight still did not take off even at 11. Upon raising their concerns with the airline staff, passengers were informed that the flight would now depart at 4 pm.A passenger traveling with family members, including elderly ind...
Politics

Delhi-Goa SpiceJet Flight Grounded, Delayed Due To Technical Snag

A SpiceJet flight from Delhi to Goa has been delayed due to operational reasons, as the aircraft scheduled to operate the flight had to be grounded due to a technical issue, a SpiceJet spokesperson said on Saturday, as reported by news agency ANI. According to the spokesperson, an alternate aircraft is being arranged to operate the flight, and the passengers were served refreshments. The airlines expressed regret for the inconvenience to the passengers.  SpiceJet flight from Delhi to Goa has been delayed due to operational reasons as the aircraft scheduled to operate the flight had to be grounded due to a technical issue. An alternate aircraft is being arranged to operate the flight. Passengers are being served refreshments.… — ANI (@ANI...