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MoU follows restructuring agreement with aircraft lessor Carlyle Aviation Partner

The hive off would enhance SpiceJet's financial sheet, eliminate a large amount of the company's negative net worth, and generate considerable value...

Part dues to be converted into compulsory convertible debentures of SpiceXpress, conversion at valuation of $1.5bn

Income dropped 79% to Rs 120 crore from Rs 584 crore

Net profit continues to increase QoQ despite significant increase in ATF prices and depreciating rupee.

The carrier is set to revert to normal operations at all AAI-run airports across the country and AAI is slated to release SpiceJet's Rs 50 crore bank...

Did not find “any major significant finding or safety violation”, the civil aviation ministry informed Parliament on July 25

The airline reported eight malfunction incidents in last 18 days, leading DGCA to say that SpiceJet had failed to establish safe, efficient, and...

Automobiles, pharma and engineering goods saw majority of transportation to top international destinations

The company plans to significantly increase freighter capacity in the coming quarters.

SpiceJet showcased its drone delivery capabilities at the Gwalior Drone Mela.  SpiceJet is the only scheduled airline in the country to experiment...