Indian low-cost carrier Spicejet cut its full-year pre-tax loss to Rs4.1 billion ($49 million) for the year ended March 2024, after publishing its first set of financial results for six months.
SpiceJet share price today, February 27: Nuvama raised concerns over the economic slowdown, which exerted pressure on demand for corporate and leisure travel. (Image: IE) SpiceJet share price is down ...
New Delhi: Budget carrier SpiceJet is facing fresh insolvency proceedings, this time from Indonesia’s PT BBN Airlines over unpaid lease rentals totalling $5.94 million. The National Company Law ...
SpiceJet has signed a memorandum of understanding (MoU) with US investment firm Avenue Capital for the financing of 50 aircraft, including via sale-and-leasebacks. The agreement is for a “strategic ...
Revenue from operations also declined 13.4% year-on-year (YoY) to ₹792 crore, compared to ₹915 crore posted in the same quarter of the previous financial year. The results for this seasonally weak ...
The airline will initially operate the A340 on a wet lease model before transitioning to a damp lease arrangement, providing operational flexibility and cost efficiencies. SpiceJet is set to introduce ...