SpiceJet

SpiceJet said on Tuesday it will start 28 daily flights connecting Mumbai and Delhi with other cities on its domestic network from April 26.

Budget carrier Spicejet on Monday announced signing of an initial pact for code share partnership with Gulf carrier Emirates. The reciprocal partnership will allow opening of new routes and destinations for passengers of the two airlines.

Budget carrier SpiceJet on Friday said it has already absorbed over 500 employees, including 100 pilots, of the grounded carrier Jet Airways and it is open to induct more as it adds more aircraft and routes in the times ahead.

Budget carrier SpiceJet said it will dry lease six more Boeing 737 planes, and roll out of 24 daily new flights connecting Mumbai and Delhi as it seeks to encash void left by the temporary grounding of Jet Airways. 

SpiceJet stock trimmed most of its sharp early gains and ended nearly 3 per cent higher Thursday on profit-booking after rising for five consecutive days.

SpiceJet has announced to add 24 new flights in next 7-15 days. 16 will connect Mumbai, four will connect Delhi while the rest will connect the two metros with each other.

The move is aimed at augmenting capacity in the domestic markets, especially on regional routes, following the near collapse of Jet Airways, which has resulted in a massive surge in airfares.

Shares of SpiceJet zoomed nearly 9 per cent on Monday amid the company announcing that it will launch direct flights from Mumbai to seven international destinations, including Colombo, Jeddah, Dhaka, Riyadh and Hong Kong.

SpiceJet on Monday announced the launch of non-stop flights from Mumbai to Colombo, Dhaka, Riyadh, Hong Kong and Kathmandu. The no-frills airline would start the services from the end of May.

Airfares in India have been rising in the last few months due to tight supply and the situation has worsened with the grounding of Boeing 737 MAX planes, according to a Fitch report.