SPICEJET NEWS
SpiceJet repays $24 mn in dues to Credit Suisse
SpiceJet has cleared its $24 million settlement with Credit Suisse, closing a liability predating its current promoter. The May 2022 agreement, originally linked to a $41.77 million claim, was settled through structured payments. The airline said the move strengthens its balance sheet and financial stability. CBO Debojo Maharshi said it demonstrates SpiceJet’s resolve to move past legacy issues.
SpiceJet shares fall 5% after airline reports Rs 234 crore net loss in Q1FY26
SpiceJet Share Price: SpiceJet reported a net loss of Rupees 234 crore in the first quarter of fiscal year 2026. This is a reversal from last year's profit. Revenue also declined significantly. Geopolitical issues and aircraft delays impacted performance. Passenger revenue and load factor remained relatively stable. The airline's net worth improved due to financial restructuring.
SpiceJet sinks into losses in Q1 as fleet & operational issues weigh
SpiceJet reported a consolidated net loss of Rs 234 crore in the June quarter, a stark contrast to the previous year's profit, due to grounded aircraft and restricted air routes. Revenue from operations declined significantly, impacted by fleet constraints, geopolitical tensions, and subdued travel demand following an aviation accident.
Delhi, Noida and Gurugram brace for more rain as IMD issues fresh alerts; check complete forecast
The national capital is expected to see thunderstorms accompanied by rain through the day, with temperatures forecast to range between 24°C and 33°C. The weather office has also warned of isolated heavy rainfall across Haryana and Chandigarh on September 4.
‘Burger and fries not enough’: Consumer court fines SpiceJet Rs 55,000 for poor care during 14-hour flight delay
A Mumbai consumer court has directed SpiceJet to compensate a passenger Rs 55,000 for inadequate service during a 14-hour flight delay. The airline only provided a single burger and fries, which the court deemed insufficient. The commission emphasized that airlines must provide adequate care, including meals and refreshments, during extended delays, as per DGCA guidelines.
Delhi rain chaos: Air India, IndiGo, SpiceJet issue advisories amid yellow alert. Check before heading out
Heavy rainfall in Delhi-NCR has led airlines to issue advisories, warning passengers of potential delays and disruptions. Air India and SpiceJet have urged travelers to check their flight status and allow extra time for travel. Delhi has recorded its wettest August in 15 years, surpassing previous years' rainfall and nearing its annual rainfall benchmark, according to IMD data.
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SpiceJet Delhi-Srinagar flight makes emergency landing in Srinagar
On August 29, 2025, a SpiceJet flight SG 385 en route from Delhi to Srinagar executed a priority landing after a cabin pressure alert triggered a mid-air emergency during its approach. The crew followed standard procedures, and the captain requested the priority landing as a precaution.
Air India Express joins global airlines' association IATA
Air India Express has become a member of the International Air Transport Association. It is now the fourth Indian carrier to join the global airlines' association. IATA represents a significant portion of global air traffic. Air India Express operates many daily flights connecting domestic and international destinations. Other Indian members include Air India, IndiGo, and SpiceJet.
Heavy rains hit operations at Mumbai airport; eight flights diverted
Heavy rains disrupted operations at Mumbai airport, leading to flight diversions and delays. Eight flights, including those from IndiGo, SpiceJet, and Air India, were redirected to nearby airports like Surat and Ahmedabad. Airlines advised passengers to check flight status due to persistent rain and potential delays, while low-visibility procedures were implemented as a precaution.
Mumbai flights status: IndiGo, Akasa Air & SpiceJet issue key advisory for passengers amid heavy rains
IndiGo, SpiceJet, and Akasa Air have issued travel advisories due to heavy rainfall and waterlogging in Mumbai, warning passengers of possible flight delays and urging them to check flight status and allow extra travel time. The IMD has issued a red alert for Mumbai, Thane, and Raigad. CM Devendra Fadnavis has advised citizens to take precautions amid ongoing extreme weather.
DGCA flags 263 safety lapses across airlines; Air India, Vistara lead in serious violations
India’s aviation regulator DGCA found 263 safety-related lapses across airlines in its annual audit. Air India had 51 issues, IndiGo 23, and Air India Express 25. The lapses include training gaps and unapproved simulators. The DGCA noted 19 were significant "Level I" breaches. Audits align with global standards, and larger airlines tend to have more findings.
Air India tops in serious safety lapses flagged by DGCA
Air India group reported the highest number of serious safety lapses among Indian airlines in DGCA’s annual audit, with seven critical Level 1 findings, raising concerns about its Tata-led overhaul. Vistara had ten such findings before its merger, while Air India Express had two. In total, DGCA flagged 263 issues across eight airlines, intensifying regulatory scrutiny amid India's aviation growth.
Delhi weather alert: More rain likely till August 3; IGI Airport, airlines issue travel delay advisories
Delhi is experiencing heavy rainfall. This has led to traffic congestion and potential flight delays. Indira Gandhi International Airport advises passengers to expect disruptions. Airlines like IndiGo, SpiceJet, and Air India have issued weather advisories. The India Meteorological Department forecasts more rain. Residents are urged to stay safe and avoid waterlogged areas.
SpiceJet set to add 5 Boeing 737 aircraft to its fleet by October
SpiceJet announced Friday it will lease five Boeing 737 aircraft, expected to join its fleet by October 2025. This damp lease arrangement aims to meet increased passenger demand through early summer 2026. The airline is also in talks for additional aircraft to further boost capacity.
SC dismisses Rs 1,300 cr damages appeal by Kalanithi Maran & KAL Airways against SpiceJet
The Supreme Court dismissed KAL Airways and Kalanithi Maran’s appeal seeking Rs 1,323 crore in damages from SpiceJet, upholding the Delhi High Court’s ruling. The court criticized Maran’s delay and concealment in the appeals process, calling it a “calculated gamble.”
Delhi Weather Update: IMD predicts week-long rain, yellow alert issued; IGI Airport shares travel advisory
Delhi experienced moderate to heavy rainfall, providing relief from the heat and painting the skyline grey. The India Meteorological Department forecasts continued rain and thunderstorms with a yellow alert issued for heavy rainfall in Delhi, Haryana, Chandigarh, and Punjab. Flight operations at Delhi Airport are normal, but SpiceJet alerted travelers to potential weather-related delays.
Mumbai Rain Updates: Check the latest on local trains, waterlogging, flight delays, high tide and IMD weather alerts
Heavy rains caused significant disruptions in Mumbai, leading to waterlogging and traffic congestion across key areas. Train services experienced delays of 20-25 minutes, particularly on the Harbour and Central lines. The IMD forecasts more rain and thunderstorms, advising residents to remain cautious, while airlines issue advisories due to airport traffic slowdowns.
Not just Air India: 65 engine failures, 17 Mayday calls recorded in India over the last five years, says DGCA data
Recent data reveals sixty-five in-flight engine shutdowns in India over five years. Eleven Mayday calls occurred in the last seventeen months. Fuel issues and mechanical failures are primary causes. Experts are concerned about the frequency of these incidents. The Directorate General of Civil Aviation outlines safety responsibilities. India's international safety ranking is also a concern.
Chaos on Delhi-Mumbai SpiceJet flight: 2 passengers try to storm cockpit, delay takeoff by 7 hours
On July 14, 2025, two unruly passengers were removed from a SpiceJet flight SG 9282 at Delhi airport after they tried to forcibly enter the cockpit while the plane was taxiing for its departure to Mumbai. Despite requests from the crew, passengers, and captain, they refused to comply, causing significant disruption and a delay of several hours.
DGCA directs airlines to check all Boeing aircraft fuel switch locks by July 21
India’s aviation regulator, the DGCA, has directed airlines operating most Boeing aircraft variants to inspect the locking mechanism of fuel control switches by July 21. The move follows preliminary findings in the crash investigation of an Air India Boeing 787 last month, which revealed that the fuel control switches had moved to the “cutoff” position just before impact, shutting off fuel supply to both engines.
SpiceJet receives first two overhauled engines, ungrounds another Boeing 737 NG
SpiceJet has received two overhauled engines from StandardAero, including a CFM LEAP‐1B for Boeing 737 MAX and a Q400 engine, boosting its fleet restoration. Additionally, a grounded Boeing 737 Next-Generation aircraft is back in service, enhancing operational capabilities. Following this news, SpiceJet's shares rose by nearly 2% on the BSE.
SpiceJet shares in focus after aircraft window frame dislodges mid-flight
SpiceJet shares are under scrutiny following a mid-air incident involving a dislodged cosmetic window frame on a Q400 aircraft. The airline assures that passenger safety and aircraft integrity were not compromised, emphasizing the component was non-structural. This clarification comes amid heightened safety concerns after a recent Air India crash.
Stocks in news: DMart, Nykaa, PNB, Aurobindo Pharma, Voltas
Markets experienced volatility, closing marginally lower amidst ongoing consolidation. Nykaa's early investor plans a substantial stake sale, while SpiceJet addressed concerns about a dislodged window frame, assuring passenger safety. Indian Overseas Bank secured shareholder approval to raise equity, and companies like Indian Bank and PNB reported robust operational growth during the first quarter of FY26.
SpiceJet shares in focus after NCLT asks lessors to submit valid power of attorney
The NCLT directed three aircraft lessors of SpiceJet to furnish a valid Power of Attorney by July 3. The directive follows insolvency pleas over Rs 77 crore in alleged defaults. The airline contested the outdated authorisation, prompting the tribunal to grant time for revised submissions.
SpiceJet’s Rs 2,242-crore fund infusion plan gets BSE nod
The in‐principle approval from BSE allows SpiceJet to proceed with the process of fund infusion, providing the airline with the necessary financial impetus for its growth initiatives, the company informed in its filing to the exchanges.
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 owners go for top-level rejig, ask CCO Kaneswaran Avili to step down
In another development, the airline has renegotiated the contract with Bombardier, bringing the maintenance cost down by about 50%.
Hold call on SpiceJet; will wait and watch how things pan out: Sudip Bandyopadhyay
I would not recommend that my investors rush into buying SpiceJet based on just this news let us wait and watch how things move .
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