Search Results for: Spicejet

Govt may scrap 5-year norm for airlines to fly overseas

However, the government may insist airlines reserve at least 20 aircraft or 20 percent of their fleet for domestic operations.

Mar 9, 2016

Air India Express to post Rs 250 crore profit for this fiscal: Report

The airline has been able to maintain a passenger load factor of 83 percent, despite increased competition from domestic players.

Mar 5, 2016

Sensex, Nifty post huge single-day gain in two years; share prices of IOC, BPCL, HPCL spurt on fuel price hike

The shares of Indian Oil Corporation, HPCL and BPCL closed with gains of 3.20 to 5 percent.

Mar 1, 2016

Budget 2016: Increased excise duty on jet fuel may lead to hike in airfares

The hike in excise duty on jet fuel has drawn criticism from industry experts and airlines.

Feb 29, 2016

5/20 aviation rule: AirAsia CEO takes a dig at older airlines

Tony Fernandes was responding to allegations made by older airlines that AirAsia is remote-controlled from Malaysia.

Feb 28, 2016

AirAsia India's loss doubled to Rs 38 crore in December quarter

However, its revenue tripled to Rs 208.46 as the carrier saw a two-fold increase in passenger traffic.

Feb 27, 2016

SpiceJet, Jet, GoAir, IndiGo could sue Centre if 5/20 rule is abolished: Report

They contend that the proposed removal of the 5/20 rule is aimed at benefiting "two new airlines."

Feb 24, 2016

Vistara to reduce business class seats to boost load factor

Vistara had a market share of just 1.3 percent in the domestic passenger traffic in December last year.

Feb 23, 2016

Tata criticises older Indian airlines as competition heats up

Ratan Tata, in a tweet, accused established Indian airlines of trying to monopolise the domestic aviation market.

Feb 22, 2016

Ministers meet to discuss new civil aviation policy; 5/20 rule may be scrapped

The new civil aviation policy is expected to be finalised soon.

Feb 19, 2016

SpiceJet shares soar after airline records highest load factor in January

Stock price of Interglobe Aviation was down 0.3 percent to trade at Rs 846.

Feb 19, 2016

Domestic air traffic: IndiGo maintains lead in January, Jet Airways gains, Air India loses

The overall domestic passenger traffic grew 22.58 percent to 76.55 lakh passengers, up from 62.45 lakh in January 2015.

Feb 18, 2016

SpiceJet plans to gain from e-commerce boom

An Economic Times report said that SpiceJet would purchase 100 mini trucks and open 40 warehouses across the country.

Feb 10, 2016

Jet Airways plans better cost control and fleet usage measures

The airline is set to double its earnings per share to Rs 120 in FY17 from the current Rs 68 in FY16.