Jul 16, 2021 12:28 PM IST
Two US-based funds are expected to join Ajay Singh's effort. Singh will likely raise $300 million by offloading his stake in SpiceJet’s cargo unit
- Mar 26, 2021 09:54 AM IST
SpiceJet Chairman Ajay Singh and Bird Group promoter Ankur Bhatia have expressed interest in buying Air India, the debt-laden national carrier.
- Feb 12, 2021 12:37 PM IST
SpiceJet working towards reducing costs and increasing revenues, but many factors ‘beyond control,’ says CMD Ajay Singh. Rising crude oil prices are making matters worse for airlines in general.
- Nov 23, 2020 08:00 PM IST
SpiceHealth, a health care company founded by the promoters of SpiceJet, would conduct Real-Time Polymerase Chain Reaction (RT-PCR) test starting at Rs 499 only and provide the report within just 6 hours from the time of sample collection as compared to the average 24-48 hours
- Aug 31, 2020 02:30 PM IST
Engineers of SpiceJet Technic, a subsidiary, designed the 'SpiceOxy' device at its innovation lab, the airline said in a statement.
- Aug 17, 2020 12:25 PM IST
With the latest induction, SpiceJet will have a dedicated fleet of nine freighter aircraft consisting of five Boeing 737s, three Bombardier Q-400s and one Airbus A340.
- Aug 10, 2020 04:25 PM IST
In a press release, the airline said the new IFE system will have content like blockbuster movies, popular TV shows, cartoons and stand-up comedies.
- Jun 17, 2020 07:50 AM IST
In India, only Air India and Vistara have wide-body aircraft like B787 in their fleet. All other airlines have narrow body aircraft or even smaller regional aircraft in their fleet.
- May 21, 2020 08:11 PM IST
On the government's decision to regulate fares, Singh said following the new pricing rules would not be complex.
- Apr 20, 2020 06:28 PM IST
He expressed hope that a relief package for airlines will come at the same time as a package for the rest of the economy.
- Apr 14, 2020 02:56 PM IST
"Bringing aviation turbine fuel (ATF) is a long pending request... Second thing we need to look at this whole structure of airports and the way the airport concessions are given," the Chairman and Managing Director of the budget airline said at a webinar organised by the Bird group.
- Mar 31, 2020 02:45 PM IST
"SpiceJet management has decided to implement a pay cut between 10-30 percent in March across our employee base. Our Chairman and Managing Director (Ajay singh), in fact, has opted for the highest cut of 30 percent in compensation," the airline said in the communication.
- Nov 13, 2019 08:12 PM IST
The airline said the loss of Rs 462.6 crore in the latest September quarter was mainly on account of inflated costs with respect to MAX grounding and a seasonally weak quarter.
- Oct 21, 2019 08:10 AM IST
Ajay Singh, Chairman and Managing Director, SpiceJet, in an interview to PTI rued that the civil aviation sector in India is highly taxed and identified it as one of the major stumbling blocks in making it globally competitive.
- Apr 18, 2019 10:52 AM IST
Shares of the company jumped as much as 15 percent on news that Jet Airways had suspended its operations.
- Feb 25, 2019 07:09 PM IST
"We need to get our taxes down and stop shipping planes outsides for maintenance," said Ajay Singh of SpiceJet.
- Sep 10, 2018 03:04 PM IST
Anti-corruption activist Ajay Dubey had sought details of action taken report by the PMO on the Congress party leader's letter.
- Aug 27, 2018 11:30 AM IST
The low-cost carrier will use a blend of the aviation turbine fuel and biofuel to power the flight.
- Mar 09, 2018 08:29 AM IST
Outsiders call Ajay Singh the dark horse that could walk away with the loss-making state-owned carrier.
- Jan 22, 2018 12:58 PM IST
Here to attend the World Economic Forum being addressed by Modi among other world leaders, Singh said it is a very big occasion for India as an Indian prime minister is attending the WEF Davos summit after 20 years.
- Jan 16, 2018 02:35 PM IST
Speaking at the Bengal Global Business Summit 2018 here today, Singh said there was a potential for making West Bengal a hub for sea-planes which can fly to Gangasagar, Sunderbans and other parts of the state.
- Oct 06, 2017 02:42 PM IST
Speaking at the India Economic Summit of the WEF, he said the sector if given benefits in terms of taxation and cost, there is no reason why India will not emerge as the fastest growing aviation market in the world in the next decade.
- Jun 13, 2017 02:26 PM IST
In March, Moneycontrol had reported that SpiceJet would foray into retail space with a string of physical stores, online e-tail gateways, and in-flight merchandise.
- Apr 03, 2017 04:07 PM IST
The experts generally keep a positive on the stock, but remain slightly cautious since it has rallied 38 percent in March alone.
- Mar 31, 2017 08:57 AM IST
The low-cost carrier, promoted by Ajay Singh, will fly on 11 routes covering four unserved and two underserved airports under the first phase of the government’s Ude Desh ka Aam Nagrik (UDAN) scheme.