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  • Signed biggest deal with Safran Group worth USD 12.5 billion: SpiceJet Mar 12, 2018 08:07 AM IST

    Signed biggest deal with Safran Group worth USD 12.5 billion: SpiceJet

    SpiceJet signs the largest engines deal worth USD 12.5 billion dollars with French company Safran Group for the airline's bulk order of Boeing MAX planes.

  • India is the highest growth market in world; seeing double digit growth here: Boeing Jul 31, 2017 04:11 PM IST

    India is the highest growth market in world; seeing double digit growth here: Boeing

    Boeing is betting big on India. In an exclusive conversation, CNBC-TV18's Shereen Bhan caught up with Dinesh Keskar, Senior VP, Asia Pacific & India Sales of Boeing Commercial Airplanes and began by asking him on their India outlook.

  • India & America must work together to create jobs: SpiceJet Chairman Jun 27, 2017 02:39 PM IST

    India & America must work together to create jobs: SpiceJet Chairman

    In an interview to CNBC-TV18's Shereen Bhan, Ajay Singh, Chairman of SpiceJet spoke about the potential of the aviation sector in India.

  • SpiceJet aims to increase ancillary revenues; Occupancy to be in 93% range in FY18 Jun 14, 2017 11:19 AM IST

    SpiceJet aims to increase ancillary revenues; Occupancy to be in 93% range in FY18

    The ancillary revenues would grow from the current 16 percent to 18-19 percent of the total revenues, said Ajay Singh, CMD, SpiceJet.

  • Should Air India be sold? Aviation Minister says 'hardly any bakras around' to buy May 31, 2017 11:44 AM IST

    Should Air India be sold? Aviation Minister says 'hardly any bakras around' to buy

    Speaking to CNBC-TV18, Civil Aviation Minister Ashok Gajapathi Raju admitted it will be difficult to find a buyer for the loss-making national carrier.

  • Impact of GST on airline sector: IndiaNivesh's Milak upbeat on SpiceJet & IndiGo May 23, 2017 02:38 PM IST

    Impact of GST on airline sector: IndiaNivesh's Milak upbeat on SpiceJet & IndiGo

    In an interview to CNBC-TV18, Mayur Milak, Senior Research Analyst at IndiaNivesh Securities spoke about the impact of goods and services tax (GST) on airline sector.

  • SpiceJet expects some regional routes to be profitable from day one: Ajay Singh May 11, 2017 02:09 PM IST

    SpiceJet expects some regional routes to be profitable from day one: Ajay Singh

    We think that there is no reason why regional flights will not do well. We expect those flights to be profitable from day one, said Ajay Singh of SpiceJet.

  • Delhi slashes jet fuel tax to 1% for regional connectivity Mar 08, 2017 03:00 PM IST

    Delhi slashes jet fuel tax to 1% for regional connectivity

    Analysts believe an overall 10-15 percent cuts in costs is likely for all take-offs from Delhi. This may be followed by similar news in Mumbai and Chennai.

  • 'Aviation capacity woes to ease with new terminals, airports' Feb 21, 2017 07:44 PM IST

    'Aviation capacity woes to ease with new terminals, airports'

    While the aviation companies are busy expanding their fleet to meet growing passenger demand, infrastructure woes and lack of space is adding to travelers woes. Routine issues of congestion is compounded by staff constraints with one aircraft pressed in for six to seven flights each day, delays are unavoidable.

  • Union Budget 2017-18: Make in India push seems to have died down, says Pawan Goenka Feb 01, 2017 09:25 PM IST

    Union Budget 2017-18: Make in India push seems to have died down, says Pawan Goenka

    Pawan Goenka did show his dissapointment on one aspect, and that was the concept of Make in India. He says that although the topic of Make In India was very hot in India two years ago, the government's enthusiasm towards this initiative seems to have died down.

  • New aircraft to trim costs by 15-17% in long run: SpiceJet Chief Jan 13, 2017 03:07 PM IST

    New aircraft to trim costs by 15-17% in long run: SpiceJet Chief

    With fuel burn at 20 percent less than the existing fleet, the new airplane range will help reduce costs, said Ajay Singh, CMD of SpiceJet. The low-cost carrier, on January 13, announced a mammoth deal worth Rs 1,50,000 crore to purchase 205 aircraft from the US-based aircraft maker Boeing.

  • Covered some distance on operational course correction: Spicejet Feb 23, 2016 12:45 PM IST

    Covered some distance on operational course correction: Spicejet

    The total payables of Spicejet, including bank debt and vendor liabilities, has reduced from roughly Rs 2200 crore at the time of change in ownership to Rs 700 crore now, says Chairman, Ajay Singh, adding the plan is to reduce this further to Rs 300-400 crore over one year.

  • Etihad stake hike may add $300-400mn to Jet kitty by Mar'16:CAPA Feb 19, 2016 12:22 PM IST

    Etihad stake hike may add $300-400mn to Jet kitty by Mar'16:CAPA

    Kapil Kaul of Centre for Asia-Pacific Aviation (CAPA) rules out the chances of this investment triggering an open offer as the investment may not be through direct equity but some form of quasi-debt that can be converted into equity later.

  • Govt should stay away from capping fares: SpiceJet Chairman Oct 30, 2015 06:00 PM IST

    Govt should stay away from capping fares: SpiceJet Chairman

    Spicejet Chairman Ajay Singh told CNBC-TV18‘s Shereen Bhan that capping fares at Rs 2,500 will be an impediment to growth of airlines.

  • No cash flow issues; IndiGo IPO to rerate sector: SpiceJet Oct 12, 2015 03:14 PM IST

    No cash flow issues; IndiGo IPO to rerate sector: SpiceJet

    Ajay Singh, promoter and chief operating officer, SpiceJet, says he hopes to sustain high load factors in the quarters to come.

  • Network expansion to help raise capacity by 16%: SpiceJet Oct 09, 2015 01:50 PM IST

    Network expansion to help raise capacity by 16%: SpiceJet

    With 10 new sectors added to its route, SpiceJet expects to draw passengers during the festive season.

  • IndiGo order 2nd largest for company: Airbus India Aug 17, 2015 07:52 PM IST

    IndiGo order 2nd largest for company: Airbus India

    The A320neo is the re-engined and upgraded variant of the A320 family of planes and competes against Boeing's upgraded 737 Max in the narrowbody market segment.

  • Will increase fleet significantly in Q3: SpiceJet Jun 08, 2015 11:43 AM IST

    Will increase fleet significantly in Q3: SpiceJet

    In an interview to CNBC-TV18, Ajay Singh, managing director, SpiceJet, says there will be a significant increase in the fleet in the winter quarter, starting October.

  • Not interested in anybody else but IndiGo: Qatar Airways Mar 25, 2015 10:31 PM IST

    Not interested in anybody else but IndiGo: Qatar Airways

    The one area that the Qatar government is keen on entering is the Indian aviation space and Qatar Airways has been exploring joint ventures with Indian carriers. The airline is particularly keen on tying up with India's most profitable carrier IndiGo.

  • No change in mkt structure by SpiceJet share transfer: CCI Feb 20, 2015 05:59 PM IST

    No change in mkt structure by SpiceJet share transfer: CCI

    The Competition Commission of India (CCI) Thursday cleared the return of Ajay Singh to cash-strapped airline SpiceJet.

  • CCI approves SpiceJet takeover by Ajay Singh Feb 19, 2015 08:45 PM IST

    CCI approves SpiceJet takeover by Ajay Singh

    With the CCI nod, the low-cost carrier's original promoter is closer to taking the management control and ownership of SpiceJet. The CCI is learnt to have approved the deal that would see Singh acquiring more than 58 percent stake in SpiceJet.

  • SpiceJet's Ajay Singh wants more govt hand holding Feb 04, 2015 10:06 PM IST

    SpiceJet's Ajay Singh wants more govt hand holding

    Not only has he requested aviation regulator DGCA to not allow aircraft lessors to take back leased planes, Singh also wants to pay only a fourth of the service tax dues and even wants a Rs 100-crore credit from oil companies.

  • How Ajay Singh is restructuring SpiceJet after takeover Feb 03, 2015 10:43 PM IST

    How Ajay Singh is restructuring SpiceJet after takeover

    With ex-promoter Ajay Singh once again in Spicejet's cockpit, the crisis-hit airline is taking a new direction. Spicejet's management has gone back to the boardroom to undertake a strategic review of its entire operations.

  • Maran, Kal Air to sell entire SpiceJet stake to Ajay Singh Jan 30, 2015 09:04 AM IST

    Maran, Kal Air to sell entire SpiceJet stake to Ajay Singh

    The low-cost airline plans to allot 37 lakh non-convertible preference shares to Marans and Kal Airways. These shares will be issued at Rs 1000 per share.

  • Aviation Min clears SpiceJet revival plan, DGCA nod awaited Jan 19, 2015 08:32 PM IST

    Aviation Min clears SpiceJet revival plan, DGCA nod awaited

    As per the revival plan firmed up by Ajay Singh, the airline would focus on strengthening finances and improving operational efficiency.

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