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...

SpiceXpress to manage Star Air’s belly space for cargo

11 Jan 2024 1:09 PM GMT
Star Air, operating five Embraer 145 jets and four Embraer 175 jets, will enhance SpiceXpress's domestic network, incorporating nine new destinations.

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.

SpiceJet clears AAI dues, moves past cash and carry run at AAI airports

2 Aug 2022 6:14 AM GMT
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...

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

8 malfunction incidents in 18 days, DGCA issues showcause notice to SpiceJet

6 July 2022 11:36 AM GMT
The airline reported eight malfunction incidents in last 18 days, leading DGCA to say that SpiceJet had failed to establish safe, efficient, and...

Chhatrapati Shivaji Maharaj Intl Airport cargo handled up 30% in FY22

18 April 2022 10:49 AM GMT
Automobiles, pharma and engineering goods saw majority of transportation to top international destinations

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.
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