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SpiceJet raises ₹3000 cr; plans to unground B737-700 freighters
Indian airline SpiceJet has raised ₹3000 crore through its recently concluded Qualified Institutional Placement (QIP),...
UK’s SRAM & MRAM Group to invest $100 million in SpiceXpress
United Kingdom-based SRAM & MRAM Group will invest $100 million in SpiceXpress. Both sides signed a MoU as part of...
SpiceJet transfers cargo and logistics business to SpiceXpress
SpiceJet Ltd. has completed the hive off of its cargo and logistics subsidiary 'SpiceXpress' into a new corporation,...
Carlyle Aviation to pick up 7.5% stake in SpiceJet
SpiceJet has restructured over $100 million outstanding dues to aircraft lessor Carlyle Aviation Partner into equity...
SpiceXpress Q1 net profit at Rs 18 crore
SpiceXpress, the cargo division of SpiceJet, reported revenue of Rs 239 crore ($29.9 million) for the first quarter...
SpiceXpress' revenue grows 17%; plans to increase freighter capacity
The Indian carrier SpiceJet reported a net profit of ₹23.28 crore (despite one-time exceptional adjustment of ₹77.46...
SpiceJet to introduce SpiceXpress drone service to target mid mile deliveries
SpiceJet demonstrated its Drone delivery capabilities at the Gwalior Drone Mela at Madhav Institute of Technology &...
SpiceJet’s Boeing 737 MAX resume operations after more than two years
Spicejet’s Boeing 737 MAX aircraft returns to operations after around two-and-a-half years. The return of these aircraft...
SpiceXpress Q2 revenue up 5 percent to Rs 497 crore
SpiceXpress, the hived-off cargo business of SpiceJet, reported a 5 percent increase in revenue of Rs 497 crore for the...
Air India goes back to Tata ‘Parivar’
Tata Sons, the holding company of Indian multinational conglomerate Tata Group, has reportedly won the bid for the...
SpiceJet cargo revenues catapult 518% in FY21
SpiceJet reported a net loss of INR 235.3 crore in the fourth quarter of FY21 against a loss of INR 807.1 crore in the...
SpiceJet flies maiden long-haul all-cargo flight to Frankfurt
SpiceJet operated its first-ever long-haul cargo flight from Delhi to Frankfurt using its wide-body Airbus A340 aircraft...