Free Press Journal
  • Abu Dhabi fund, GIC vie for stake in Reliance Home Fin

    New Delhi : No-frills airline SpiceJet will launch its dedicated air cargo services from September 18. The carrier, which is working on ambitious business plans, on Monday said it would operate the cargo services under the brand name ‘SpiceXpress’ and has a detailed plan for domestic as well as international routes. SpiceJet would be the first schedule domestic airline to start dedicated air cargo services in India.

  • Sinking rupee to push carriers even deeper into air pockets

    New Delhi : With three major cost components of airline companies dollar denominated, the slump in the rupee does not augur well for domestic airlines in near term, industry experts and analysts said.

  • spicejet

    Airline industry in great stress: SpiceJet

    New Delhi: The domestic airline industry is in “great stress” as it is grappling with high fuel prices and fall in rupee, SpiceJet chief Ajay Singh said on Monday.

  • Spicejet logs 11% rise in net on higher load factor

    Mumbai : Low-cost carrier SpiceJet on Friday posted an 11 per cent rise in its net profit for the quarter ended March 2018, helped by a 95.4 per cent load factor.

  • interglobe aviation

    InterGlobe Aviation shares tank 20% on weak Q4 results   

    New Delhi: Shares of InterGlobe Aviation slumped nearly 20 per cent today after the company reported 73 per cent plunge in profit for the March quarter.  The stock, after making a weak opening, further tumbled 17.57 per cent to Rs 1,111.30 on BSE.

  • SpiceJet crew accuse airline of strip search

    New Delhi : A video showing SpiceJet air hostesses accusing the airline of strip searching them at Chennai airport has gone viral, with the airline denying the claims. The crew alleged that they were searched after

  • SpiceJet crew allege strip-search by airline at Chennai airport

    New Delhi: A video showing an angry bunch of SpiceJet air hostesses accusing the airline of strip-searching them at Chennai airport has gone viral, with the airline denying the claims. The crew alleged that they were searched after de-boarding on the suspicion that they were swindling cash collected from the sale of food and other items onboard.

  • Hyderabad-Bangaluru SpiceJet flight veers off runway, 10 flights diverted

    Bengaluru: A SpiceJet aircraft SG 1238, arriving from Hyderabad, veered off the runway at Bengaluru Airport on Friday. The incident happened late in the evening, damaging four-runway lights. During the course of the runway’s closure, at least 10 flights were diverted from the airport.

  • Jet, IndiGo, SpiceJet face fine for fuel surchage cartel

    New Delhi : The Competition Commission on Wednesday imposed a total fine of more than Rs 54 crore on Jet Airways, InterGlobe Aviation and SpiceJet for unfair business practices with respect to fixing fuel surcharge on cargo transport.

  • SpiceJet flies high as profit rises 32%

    Mumbai : Budget carrier SpiceJet on Wednesday reported a 32 per cent growth in net profit at Rs 240 crore for the three months ended December, propelled by higher passenger revenue, making it the 12th successive profitable quarter for the airline.

  • SpiceJet is ‘too small’ to snap up ailing Air India

    Mumbai : Ajay Singh, the chairman of low-cost carrier SpiceJet, ruled his airline out of the race for privatisation-bound Air India (AI), saying, “we are too small to bid for a large airline like the national carrier.” Addressing an annual aviation summit organised by industry consultancy CAPA on Tuesday, he said, “Air India is a national asset and I am pretty sure that there will be many takers for it like the

  • Next decade belongs to India: CEOs

    Davos : Indian entrepreneurs at the WEF Summit expressed delight over PM Narendra Modi’s address at the plenary session. Talking to ANI, co-founder and owner of SpiceJet, Ajay Singh, said that PM Modi has ‘walked the talk’. “Prime Minister Modi spoke about a new India, which was about Digital India, importance of big data, AI. He has definitely walked the talk,” Singh said. Meanwhile, the CEO of Paytm, Vijay Shekhar Sharma, was

  • IndiGo refuses to shift partial ops to T2 at IGI

    New Delhi : Low-cost carrier IndiGo has written to the Delhi airport operator refusing to shift a part of its flight operations from terminal 1 (T1) to terminal 2 (T2) and threatened “action” if it is forced to do so. Delhi International Airport Limited (DIAL) had asked airlines operating from T1 to shift one-third of their flights to T2 to be able to carry out expansion work according to its master plan