Mumbai: Despite a marginal improvement in the seat factor, national carrier Air India (AI) has lost its market share in April, helping low-cost airline SpiceJet to become the third-largest airline in the month with a market share of 17.7 per cent, according to the latest data from the sectoral regulator DGCA. The fall in the market share of AI is significant as the national carrier has seen an improvement in...
10:33 PM, May 18, 2012
New Delhi: Fourteen pilots and 31 cabin crew members have been found reporting for duty under the influence of alcohol till March this year, civil aviation minister Ajit Singh said on Wednesday. Of the total 14 pilots and 31 cabin crew who failed the pre-flight breath analyser test, a large number of pilots and cabin crew were of Jet Airways, he said in reply to a question in Lok Sabha....
12:24 AM, May 17, 2012
New Delhi: All but two major airlines in India have defaulted on paying airport charges, Civil Aviation Minister Ajit Singh said on Wednesday. IndiGo, the only profitable airline in the country, and privately-held GoAir have not defaulted on airport payments, Singh told lawmakers in a written reply. The government has initiated legal action against Kingfisher Airlines "towards dishonour of the cheques submitted" by the carrier, while Jet Airways and Spicejet...
08:57 PM, May 09, 2012
New Delhi: Overseas investors, which have been trimming their holdings in Kingfisher Airlines in the past three quarters, have increased their stake marginally in the cash-strapped carrier during the March quarter, according to data available with bourses. An analysis of shareholding patterns of airlines showed that Foreign Institutional Investors (FIIs) have increased their stakes both in Kingfisher and Jet Airways in three months ended March 2012. However, the shareholding pattern...
03:38 PM, Apr 26, 2012
Mumbai: A Ahmedabad-Chennai SpiceJet flight made an unscheduled landing at the Mumbai airport on Friday after the plane reportedly developed a technical snag. SpiceJet authorities said the flight made an emergency landing after a technical snag was discovered and was likely to take off shortly. The local authorities were, meanwhile, put on standby. The flight had 112 passengers on board. ...
08:52 AM, Apr 13, 2012
New Delhi: The Supreme Court has issued notice to SpiceJet on the plea by a cerebral palsy-afflicted woman, accusing the airline of forcibly deplaning her from a flight to Goa from Kolkata and seeking compensation for it. A bench comprising Justice Aftab Alam and Justice Ranjana P Desai also sought replies from the Centre and the Directorate General of Civil Aviation (DGCA) to the plea of Jeeja Ghosh, a teacher...
04:37 PM, Apr 05, 2012
Mumbai: No-frills airline SpiceJet on Wednesday said its shareholders had approved promoter Kalanithi Maran picking up an additional five per cent equity by infusing about Rs 100 crore in the company. The move will take the overall holding of promoters in the airline to 48.6 per cent. SpiceJet informed BSE that shareholders had approved the allotment of up to 42,900,000 equity shares to Maran on a preferential basis. The filing...
06:33 PM, Apr 04, 2012
Mumbai: SpiceJet promoter Kalanithi Maran will pump Rs 100 crore into the airline by picking up an additional 5 per cent equity-a development that stands out in the industry that is going through turbulent times mainly due to rising fuel costs. The fund infusion by billionaire Maran comes in sharp contrast to cash-starved Kingfisher Airlines which has been unable to raise fresh funds for a host of reasons, compounded by...
03:28 AM, Mar 03, 2012
Ahmedabad: The passengers of a Jaipur-Pune SpiceJet flight were deplaned at Ahmedabad and they were told that the plane had developed a technical snag. But the passengers cried foul as they later found out that the plane, that was meant to go to Pune, had in fact headed to Delhi. When the passengers confronted the officials of SpiceJet at the airport, they were told that the plane had been sent...
01:41 PM, Feb 29, 2012
Jeeja Ghosh, a woman suffering from cerebral palsy, was allegedly asked to deplane a SpiceJet flight at the Kolkata airport. ...
11:58 PM, Feb 21, 2012
Kolkata: 42-year-old Jeeja Ghosh, a woman suffering from cerebral palsy, was allegedly asked to deplane a SpiceJet flight at the Kolkata airport on Monday. A report in the national daily 'The Indian Express' said that the pilot mistook the passenger for a mentally challenged patient. Ghosh, who teaches at Kolkata's Indian Institute of Cerebral Palsy, was on her way to Goa. Apologising for the incident, the SpiceJet management said, "We...
07:37 PM, Feb 20, 2012
The situation seems grim, not just for Kingfisher Airlines, but for the aviation sector as a whole, what with Jet Airways and SpiceJet posting record losses. ...
04:46 PM, Feb 20, 2012
Kolkata: A woman suffering from cerebral palsy was allegedly asked to deplane a SpiceJet flight at the Kolkata airport. A report in the national daily 'The Indian Express' said that the pilot mistook the passenger for a mentally challenged patient. The 42-year-old woman, Jeeja Ghosh, who teaches at Kolkata's Indian Institute of Cerebral Palsy was on her way to Goa. Apologising for the incident, the SpiceJet management said, "'We deeply...
12:03 PM, Feb 20, 2012
Mumbai: Scrips of three listed domestic carriers, Jet Airways, Kingfisher Airlines and SpiceJet rallied after the government on Tuesday allowed airlines to import jet fuel directly. The decision on direct jet fuel imports was taken by an empowered group of ministers (EGoM) headed by Finance Minister Pranab Mukherjee. Analysts said the move, announced by Civil Aviation Minister Ajit Singh, would help airlines to cut 10-15 percent of their operating cost....
04:46 PM, Feb 07, 2012
Mumbai: Despite reporting nearly Rs 40-crore loss in the December quarter due to a 90 per cent spike in fuel costs, no-frills carrier SpiceJet on Monday ruled out increasing fares. "We are not looking at increasing our fares now, as the market dynamics does not allow us that. Also, we are confident of improving earnings going forward, and we hope to improve our revenues further from the 41 per cent...
11:13 PM, Feb 06, 2012
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