Hot Pursuit     19-Feb-20
SpiceJet takes off on buzz of launching new domestic flights
SpiceJet jumped 4.16% to Rs 87.55 after the media reported that the low cost airliner has launched 20 new flights scheduled to commence operations from 29 March onward.

According to the reports, SpiceJet will be the first and only carrier in the country to launch nonstop flight services on the UDAN routes of Varanasi-Patna and Amritsar-Patna. With the commencement of these new flights, the airline will now operate a total of 52 flights connecting 12 cities under the regional connectivity scheme.

Along with this, the low-cost carrier has introduced a host of new flights on the Guwahati-Patna, Hyderabad-Mangaluru, Bengaluru-Jabalpur, Patna-Varanasi and Mumbai-Aurangabad sectors, the reports added.

SpiceJet will also reportedly enhance its operations with additional frequencies on the routes of Mumbai-Bagdogra (second frequency), Mumbai-Chennai (fifth frequency), Hyderabad-Mangaluru (second frequency) and Guwahati-Delhi (second frequency) sectors.

SpiceJet on Monday (17 February) informed that it inducted two Airbus A320 aircraft on wet lease effective 14th February, 2020. The aircraft have been inducted from BH Air, a Bulgarian-registered airline based in Sofia, post regulatory approvals from Directorate General of Civil Aviation (DGCA). With the latest induction, SpiceJet fleet now stands at 121, it added. The airline has added more than 40 planes to its fleet since April 2019.

On a consolidated basis, SpiceJet's net profit rose 20.98% to Rs 77.96 crore on 46.93% increase in total revenue from operations to Rs 3,656.36 crore in Q3 December 2019 over Q3 December 2018.

SpiceJet is a domestic low-budget air carrier which provides scheduled flights between major cities in India.

Previous News
  SpiceJet adjourns board meeting
 ( Corporate News - 25-Feb-23   18:39 )
  SpiceJet spurts on inking pact with EDC to resolve Rs 755-cr liabilities
 ( Hot Pursuit - 26-Mar-24   14:57 )
  Spicejet corrects on profit selling
 ( Hot Pursuit - 04-Aug-22   11:45 )
  SpiceJet settles dispute with aircraft lessors for 3 aircrafts
 ( Corporate News - 16-Aug-22   09:15 )
  SpiceJet reports consolidated net loss of Rs 731.12 crore in the June 2021 quarter
 ( Results - Announcements 14-Aug-21   07:59 )
  Board of SpiceJet approves transfer of cargo biz to SpiceXpress and Logistics
 ( Corporate News - 27-Feb-23   11:54 )
  SpiceJet Q2 net loss narrows to Rs 449 cr
 ( Hot Pursuit - 12-Dec-23   15:36 )
  SpiceJet reports consolidated net profit of Rs 42.47 crore in the December 2021 quarter
 ( Results - Announcements 15-Feb-22   17:09 )
  Ajay Singh and Busy Bee Airways submit bid for GoFirst
 ( Corporate News - 16-Feb-24   14:51 )
  Spicejet skids after Q1 net loss expands to Rs 731 cr
 ( Hot Pursuit - 16-Aug-21   12:50 )
  SpiceJet to hold board meeting
 ( Corporate News - 24-May-22   16:47 )
Other Stories
  Kirloskar Ferrous Q4 PAT drops 81% YoY to Rs 18 cr
  18-May-24   16:00
  ZEEL reports turnaround Q4 numbers
  18-May-24   15:46
  NHPC Q4 PAT slides 18% to Rs 610 cr
  18-May-24   15:20
  Nestle India ends higher after public shareholders reject royalty hike proposal to Swiss parent
  18-May-24   15:12
  Sobha Q4 PAT drops 85% YoY to Rs 7 cr
  18-May-24   15:05
  Kirloskar Ferrous Industries Ltd leads losers in 'A' group
  18-May-24   15:00
  Vindhya Telelinks Ltd leads losers in 'B' group
  18-May-24   14:45
  Volumes soar at MTAR Technologies Ltd counter
  18-May-24   14:30
  Ashok Leyland Ltd up for third consecutive session
  18-May-24   13:05
  Zee Entertainment Enterprises Ltd spurts 4.37%
  18-May-24   13:05
Back Top