The Dubai-based airline's parent company Emirates Group also posted lower profits at $631 million, down 44 percent from last year.
The reciprocal partnership will allow opening of new routes and destinations for passengers of the two airlines, SpiceJet said in a statement.
Passengers buying tickets under the Dubai-based airline’s 'special' category will be permitted to carry reduced weight on all routes except "destinations to and from America and destinations originating from Africa".
A Reuters report said the UAE-based carrier denied that it was seeking to take over Etihad Airways to create the world's largest airline.
"Based on feedback from our customers, Emirates confirms we will continue to provide a Hindu meal option, to make it easier for our Hindu customers to identify and request this option," the airline said in a statement today.
With the significant Emirates order now gone, questions are being raised about the fate of the Superjumbo whose sales have been dwindling for quite some time.
The airlines, both owned by the government of Dubai, said in a statement on Monday their expanded partnership would be rolled out over the coming months, kicking off with an enhanced code share agreement in the fourth quarter.
But, is there more than meets the eye?
The move came after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing it of supporting terrorism, opening up the worst rift in years among some of the most powerful states in the Arab world.
On an average, 83 percent of the seats are occupied on the flights to India from the Gulf, something that is unheard of in this season.
In a tweet, the Royal Jordanian suggests 12 ways a person can kill time on the flight after the US and UK banned electronic devices larger than a standard smartphone on board planes.
Emirates will allow passengers to hold on to their laptops and tablets after checking in until boarding time, when security staff at the gates will themselves pack the devices into boxes and load them onto the flight.
Hitting back on the US gadgets ban on airlines from certain countries, Emirates posted a video on Twitter showing its vast entertainment system that people can enjoy instead.
The letter from the CEOs of the French and German carriers this week asked the European Union executive to act over what they say are unfair practices by the Gulf airlines that have caused them to scrap flights to destinations in the Middle East, Asia and India.
In April 2015, Airbus selected Rolls Royce for the lucrative deal to provide the engines for 50 of its A380s that was worth a record at the time of USD 9.2 billion (8.8 billion euros).
Watch the interview of Dharmesh Bhatia of Emirates NBD with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Earlier this year, the government had increased the foreign direct investment (FDI) limit in domestic airlines to 100 percent, but FDI through automatic route has been put at 49 percent. The government rules also say that principal place of business has to be India.
The Boeing 777-300 aircraft had 282 passengers, mostly Indians, and 18 crew members when it crash-landed at the Dubai international airport on August 3, but there were no casualties among those who were on board while a firefighter was killed.
Three hundred people, mostly Indians, had a narrow escape today when a packed Emirates flight from Thiruvananthapuram to Dubai crash landed and caught fire here with authorities saying that all on board were evacuated safely.
Others in the list include Indigo, and GoAir, while other international airlines include Lufthansa, British Airways and Qatar Airways.
Vistara and AirAsia India, which began operations in January 2015 and June 2014, respectively, will prioritise services to the Gulf and flights to Southeast Asia to connect with their investors Singapore Airlines and AirAsia , added the sources, who declined to be identified as they were not authorised to speak to the press.
Essa Suleman Ahmad, VP of Emirates says the airline has always been focussed on re-investing in its own brand, adding it is not planning picking up stakes in any carriers.
Boeing's licence, received on Thursday, marked a step toward catching up with European rival Airbus, which last month agreed to sell Iran 118 planes worth about USD27 billion at list prices.
With this partnership, the bank's Non-Resident Indian (NRI) customers who also bank with SBI can now avail themselves of the fastest remittance service in the UAE more easily.
The remittance service allows money transfers in 60 seconds to the beneficiary's account through the DirectRemit platform, it said