Enhanced Surveillance by DGCA Causes SpiceJet Shares to Tank 11%
Budget carrier SpiceJet share prices fell 11% intraday on July 12 after reports that the aviation regulator put the company under enhanced surveillance. The Directorate...
Tag : spiceJet
SpiceJet Share Jumps 4%, Team ups with FTAI Aviation
On June 8, SpiceJet shares jumped after the airline teamed up with FTAI Aviation, a prominent aftermarket provider of engine services, reducing maintenance costs and...
Spicejet Shares Rise 3% After Demerging Freight and Logistics Unit
SpiceJet’s shares increased 3% intraday on April 3 after the company demerged its trucking and logistics business into a separate business entity, SpiceXpress and Logistics...
SpiceJet Shares Soar 6% as Board Approves Debt Restructuring Plan Worth Rs 2,555 Crore
Shares of SpiceJet surged 6.3% to a high of Rs 42.20 in intraday trade on the BSE on Monday after the low-cost carrier’s board approved...
SpiceJet to Demerge Cargo Arm by April 1, Convert Carlyle’s Debt to Equity & Raise Funds via QIP
SpiceJet will demerge its freight business to subordinate SpiceXpress & Logistics into a new corporation by April 1, the corporation said in a regulatory filing...
SpiceJet Shares Soar 15% as Q3 Net Profit Jumps Five-Fold to Rs 107 Crore
Shares of SpiceJet rose 15% to Rs 40.75 on the BSE in intraday trade on Friday after the company’s standalone net profit jumped five-fold to...
Air India’s Market Share Falls to All-Time Low in 2022
Air India’s annualised market share of 8.7% in 2022 is a record low, posing challenges to new owner Tata Group’s stated goal of capturing nearly...
Sensex Surges 450pts, Nifty Above 17,400
Today, domestic equity markets hit higher intra-day trade amid mixed global cues and strong foreign flows. Over 100 points climbed Nifty50 to trade above 17,400...
SpiceJet Shares Fall 5% After DGCA Extends Suspension
Shares of SpiceJet (NSE- 3.58%) continued to fall on Thursday, falling another 5% after the DGCA extended the airline operator’s flight cap or grounding until...
Akasa Air occupied 53% of Seats in August, Accounting for 0.2% Market Share
In August 2022, the Domestic Air Traffic grew slightly by 3% to one crore passengers in contradiction to 97 lakh domestic passengers boarded planes in...