SPICEJET SHARES
Dubai Airports suspends SpiceJet check-in services over ₹35.85 crore in unpaid dues; four Dubai flights cancelled
Dubai Airports has suspended check-in services for SpiceJet over unpaid dues of around AED 14 million (approximately Rs 35.85 crore), disrupting the airline's operations from November 12. Four flights to Amritsar, Jaipur, Mumbai and Delhi were cancelled, with the aircraft reportedly operating as ferry services without passengers. The airport operator said the airline had failed to meet payment terms, while SpiceJet maintained that it was working to resolve the matter.
SpiceJet board to meet on November 18 to consider fresh capital raising proposal
The development comes as the budget carrier continues to face significant financial and operational challenges, which have led to a reduction in its flight operations.
SpiceJet to file overdue results after exchange's suspension warning
SpiceJet has confirmed plans to reveal its overdue financial results by December 7, adhering to essential regulatory obligations. The Bombay Stock Exchange issued a warning regarding possible trading suspensions if these results are not submitted. As a result of financial hurdles, SpiceJet's market share has diminished to just 0.6% in India's domestic aviation industry.
SpiceJet reveals its comeback game plan as a turbulent battle to reclaim lost ground unfolds
SpiceJet is currently enhancing its operational capacity to address flight delays and cancellations. The airline has started adding leased aircraft to expand its network and restore services. According to reports, SpiceJet's on-time performance has significantly lagged behind competitors in the aviation sector. The Directorate General of Civil Aviation is closely monitoring the airline's operational performance.
SpiceJet shares hit 5% upper circuit despite operational challenges. What's behind the surge?
SpiceJet shares hit the 5% upper circuit after the airline announced a board meeting on November 18 to consider a fresh capital raise. The stock climbed to Rs 8.67 on the BSE, taking its market capitalisation to Rs 1,323 crore. The rally came despite operational challenges and rising crude oil prices weighing on the aviation sector.
Socha nhi tha plane ke neeche sona padega: SpiceJet’s SG-533 flight from Mumbai to Gorakhpur cancellation forces passenger to lie near aircraft, airline responds
A video showing SpiceJet passengers sleeping on the airport apron near an aircraft after the cancellation of Mumbai-Gorakhpur flight SG553 has surfaced online. The airline attributed the disruption to operating-hour restrictions at Gorakhpur's defence airport, while passengers questioned why they were allowed to board before the cancellation.
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Trump’s pain makes D-Street bulls gain! IndiGo, Asian Paints, other crude-sensitive stocks rally up to 8% as oil drops below $95
Paint makers, airlines, tyre companies and OMCs rallied as crude oil prices plunged nearly 10%, falling below $95 a barrel. Lower oil prices raised hopes of easing input and fuel costs, while Trump's midterm setback added to the positive market sentiment.
Airlines flew fewer passengers in Sep; traffic falls 6.5% on annual basis
The month of September 2026 marked a 6.5% decline in domestic air traffic from the previous year. SpiceJet's market share dwindled from 1.2% to 0.6%, whereas IndiGo and Air India gained traction. IndiGo led in On Time Performance at 91.1%, just ahead of Akasa Air at 90.8%. Sadly, many passengers dealt with a series of flight delays and cancellations across different airlines throughout the month.
Delhi HC rejects SpiceJet's plea to offer Gurugram land instead of depositing ₹144 cr in Kalanithi Maran & KAL Airways case
The Delhi High Court on Tuesday rejected SpiceJet’s plea to provide a property title deed instead of depositing ₹144 crore in its share transfer dispute with former promoters Kalanithi Maran and KAL Airways.
No worm for early birds on domestic air ticket counter as advance flight booking advantage fades
Airlines in India are changing their pricing strategies, maintaining high fares for both early and last-minute bookings. The reduced capacity and uncertainty in fuel costs are the main factors influencing these pricing changes. As competition dwindles, fewer options are available for travelers, leading to increased prices. Experts predict that 2027 may also witness higher airfares without increased capacity in the market.
DGCA's regulatory monitoring not a fresh finding of safety deficiencies: SpiceJet
SpiceJet said that the DGCA's regulatory monitoring should not indicate new safety issues. The airline clarified that safety audits and surveillance are routine actions by the DGCA. It said that previous regulatory reviews have not revealed new safety concerns. SpiceJet's domestic market share fell recently, reflecting its operational challenges. Additionally, the company's shares experienced a decline in late afternoon trade.
Smit Machchhar’s journey: From ‘why become a pilot?’ to ‘Captain, you are a hero’
Captain Smit Machchhar, the Indian pilot praised for helping save a flydubai flight after a violent cockpit attack, had never originally planned to enter aviation. A textile engineer who discovered flying at 19, Machchhar went on to become a Boeing pilot, train on the 737 Max and mentor aspiring aviators, describing the profession as a career in which constant learning and composure are essential.
Midair miracles: Passengers hail Captain Smit Machchhar and Israeli heroes who thwarted attack on flydubai flight
An Indian flydubai pilot, Captain Smit Machchhar, was seriously stabbed by his copilot in an attempted plane crash. Despite his injuries, he unlocked the cockpit door, enabling passengers and crew to overpower the attacker. The plane landed safely, and global leaders hailed the captain as a hero.
India domestic air passenger traffic declines marginally in Jan-Aug 2026 (YoY): DGCA
India's domestic air passenger traffic declined marginally by 0.18 per cent year-on-year during January-August 2026, as per the data shared by Directorate General of Civil Aviation (DGCA).
SpiceJet’s finances, operations under government watch as cash flow woes deepen
India’s aviation ministry is closely monitoring SpiceJet’s finances and operations amid persistent cash-flow stress, with Civil Aviation Minister Ram Mohan Naidu saying regulators are focused on ensuring safety is not compromised. The airline has received ₹1.5 billion under the government’s ECLGS support scheme but continues to face pressure from weak finances, higher fuel costs and competition.
China-Southern Airlines announces resumption of Guangzhou-New Delhi flights ahead of President Xi's Delhi visit
This marks the relaunch of China Southern's India service after a six-year suspension. Following the restart, the airline will run over 100 weekly flights across its eight round-trip routes in South Asia, the carrier said.
Govt, DGCA keeping close watch on financials, operations of SpiceJet: Civil Aviation Minister Naidu
The government and aviation regulator are closely monitoring SpiceJet's financial health. SpiceJet's domestic market share has recently seen a significant decline. Many employees have not received salaries since May, indicating financial strain. The airline plans to induct twenty aircraft to expand its operations. These new planes are expected to join the fleet by mid-November.
Can IndiGo shares fly again amid soaring oil prices? Ambit remains bullish but lists 5 key risks
InterGlobe Aviation shares have fallen 8% in a month as oil prices topped $100, capping near-term upside. Ambit retains its Buy call, citing IndiGo’s market-share gains, strong aircraft order book and long-term growth prospects despite fuel, forex and competitive risks.
SpiceJet insolvency case: NCLT allows lessor to withdraw plea, imposes fine on both Aviator ML & cash-strapped airline
The National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late settlement notification to the court. Seven other insolvency petitions filed by aircraft lessors against SpiceJet will be reheard. These ongoing cases continue to pose a significant financial threat to the airline.
SpiceJet inducts three Airbus A320 aircraft on damp lease
SpiceJet has inducted three Airbus A320 aircraft under damp lease arrangements, with commercial operations set to begin later this week. The addition will support the airline's network expansion, improve connectivity on key domestic routes and pave the way for new services.
SpiceJet shares surge nearly 20% in 4 sessions. What’s fuelling the rally?
SpiceJet shares climbed significantly on Wednesday. This rise follows IndiGo's directive to reduce its flight schedule due to pilot shortages and operational issues. IndiGo's disruptions are expected to benefit competitors like SpiceJet by opening up demand. SpiceJet also announced the induction of two new Boeing aircraft, boosting its capacity.
SpiceJet shares rally 5% on Rs 51 crore block deal
Shares of SpiceJet increased by over 5% after Plutus Wealth Management LLP bought 85 lakh shares worth Rs 51 crore. This acquisition followed other recent block deals for SpiceJet. The airline completed a Rs 3,000 crore institutional placement, attracting global investors. Additional funds of Rs 736 crore are also expected, boosting the airline's financial stability.
SpiceJet approves 48.7 crore share issue for Rs 3,000 crore QIP at Rs 61.60 apiece
SpiceJet has received shareholder approval to raise up to Rs 3,000 crore through a special resolution. The airline intends to use the funds to improve its financial situation and return to full operational capacity.
Spicejet shares rally over 5% on conversion plans of Carlyle’s debt to equity
SpiceJet shares rose 5.5% after announcing a plan to convert Carlyle Aviation Management's $137.68 million debt into equity, adjusted to $97.51 million upon settlement. Carlyle may also purchase a stake in SpiceXpress & Logistics. The airline aims to raise Rs 2,500 crore through a share sale to institutional investors.
SpiceJet shares jump 8% after budget carrier expresses interest in acquiring Go First
Go First, which stopped flying on May 3 amid financial woes mainly triggered by Pratt & Whitney engine issues, is undergoing an insolvency resolution process, PTI reported.
Here's what sparked 8% rally in SpiceJet shares today
As per Trendlyne data, the average target price of SpiceJet is Rs 32, which shows a downside of 3% from the current market prices. The consensus recommendation from two analysts for the stock is a 'Hold'.
SpiceJet shares slump 12% as airline placed under 'enhanced surveillance'
PTI reported on Tuesday that DGCA has put the carrier under "enhanced surveillance" amid multiple financial headwinds in recent months. However, SpiceJet refuted any such development.
SpiceJet shares jump over 7% after airline partners with FTAI Aviation to restore fleet
SpiceJet is set to receive up to 20 engines on lease from FTAI Aviation as part of its revitalisation programme. The deal will also include maintenance services. The airline said the partnership programme would reduce maintenance expenses and minimise aircraft downtime, and would be critical for providing service on new routes. The first set of engines will be used in reactivating the airline's fleet over the next few months.
A day to forget! SpiceJet stock falls over 20% intraday as co marks 18th anniversary
Shares of budget airline, SpiceJet, have plummeted by over 20% on Tuesday due to its financial struggles and lessors pushing for the carrier to clear its dues. SpiceJet has also experienced various grounded planes, which has led to the defaulting of lease rental payments. The airline aims to return four out of the 25 grounded aircraft to operations by June 15 and more to follow in the next few weeks. While SpiceJet is targeting the return of planes, analysts have noted that the company's competitor, IndiGo, has gained 12% on a year-to-date basis.
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