Indian Transport & Logistics

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SpiceJet raises ₹3000 cr through QIP; to receive additional ₹736 cr

23 Sep 2024 8:47 AM GMT
SpiceJet informed that the fresh capital raised would be instrumental in ungrounding its fleet, acquiring new aircraft, investing in technology and...

UK’s SRAM & MRAM Group to invest $100 million in SpiceXpress

15 May 2023 6:32 AM GMT
MoU follows restructuring agreement with aircraft lessor Carlyle Aviation Partner

SpiceJet hives off cargo and logistics business into separate entity

3 April 2023 5:29 AM GMT
The hive off would enhance SpiceJet's financial sheet, eliminate a large amount of the company's negative net worth, and generate considerable value...

Carlyle Aviation to pick up 7.5% stake in SpiceJet

27 Feb 2023 8:20 AM GMT
Part dues to be converted into compulsory convertible debentures of SpiceXpress, conversion at valuation of $1.5bn

SpiceXpress Q3 net drops 82%

25 Feb 2023 11:48 AM GMT
Income dropped 79% to Rs 120 crore from Rs 584 crore

SpiceXpress Q1 net profit at Rs 18 crore

1 Sep 2022 8:24 AM GMT
Net profit continues to increase QoQ despite significant increase in ATF prices and depreciating rupee.

DGCA spot checks on SpiceJet aircraft reveal 'no major violation'

26 July 2022 6:35 AM GMT
Did not find “any major significant finding or safety violation”, the civil aviation ministry informed Parliament on July 25

SpiceXpress reports 17% jump in revenue to ₹584 cr in Q3 FY 2022

15 Feb 2022 1:55 PM GMT
The company plans to significantly increase freighter capacity in the coming quarters.

SpiceJet to get Rs 2,556 cr from SpiceXpress hive off

21 Sep 2021 9:51 AM GMT
The shareholders of SpiceJet have approved a resolution to transfer the cargo and logistics services business to its subsidiary, SpiceXpress and...

SpiceJet reports cargo revenue of 1,117 cr, profit of 130 cr in FY21

1 July 2021 7:04 AM GMT
July 1, 2021: On a segment basis Spicejet’s revenue from cargo operations increased by 518 percent aggregating to ₹1,117.5 crore for FY2021 with...
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