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Air Transport Service, Small Cap

SpiceJet announced the launch of its daily non-stop flights connecting Delhi and Kathmandu starting 10 May 2025. This marks SpiceJet's first new international destination since its successful Qualified Institutional Placement (QIP).

Flight SG 41 will depart from Delhi at 8:10 am (local time) and land in Kathmandu at 9:55 am (local time). The return flight, SG 42, will depart from Kathmandu at 10:55 am (local time) and arrive in Delhi at 1:10 pm (local time). SpiceJet will operate its Boeing 737 aircraft on this route.

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SpiceJet announced the successful renewal of its IATA Operational Safety Audit (IOSA) certification, a globally recognised benchmark for operational safety. This achievement reaffirms SpiceJetʹs unwavering commitment to maintaining the highest safety and operational standards.

The successful renewal of the IOSA certification is valid until March 2027.

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As part of the agreement, Willis Lease has withdrawn its insolvency case against SpiceJet, closing yet another chapter in the airline?s ongoing efforts to strengthen its financial foundation.

This settlement follows a series of strategic agreements SpiceJet has secured in recent months, supported by an Rs 3,000 crore infusion through a qualified institutional placement (QIP) in September 2024 and an additional Rs 294.09 crore infusion by promoter Ajay Singh.

These funds have significantly strengthened SpiceJet?s financial position, facilitated the resolution of outstanding disputes, and allowed the airline to focus on operational growth.

Ajay Singh, chairman and managing director, SpiceJet, said: ?This successful settlement with Willis Lease reflects the positive impact of our financial restructuring strategy.

We deeply appreciate the continued support of our partners and stakeholders as we work towards building a stronger and more resilient SpiceJet.?

SpiceJet is a low-budget air carrier. The airline operates a fleet of Boeing 737s, Q-400s, & freighters and is the country's largest regional player operating multiple daily flights under UDAN, or the Regional Connectivity Scheme. The majority of the airline's fleet offers SpiceMax, the most spacious economy class seating in India.

The company reported a standalone net profit of Rs 24.96 crore in Q3 FY25 as compared with a net loss of Rs 301.45 crore in Q3 FY24. Revenue from operations fell 35.33% to Rs 1231.06 crore in Q3 FY25 as compared with Rs 1,903.57 crore in Q3 FY24.

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SpiceJet announced the successful renewal of its IATA Operational Safety Audit (IOSA) certification, a globally recognised benchmark for operational safety. This achievement reaffirms SpiceJetʹs unwavering commitment to maintaining the highest safety and operational standards.

The successful renewal of the IOSA certification is valid until March 2027.

Powered by Capital Market - Live News

As part of the agreement, Willis Lease has withdrawn its insolvency case against SpiceJet, closing yet another chapter in the airline?s ongoing efforts to strengthen its financial foundation.

This settlement follows a series of strategic agreements SpiceJet has secured in recent months, supported by an Rs 3,000 crore infusion through a qualified institutional placement (QIP) in September 2024 and an additional Rs 294.09 crore infusion by promoter Ajay Singh.

These funds have significantly strengthened SpiceJet?s financial position, facilitated the resolution of outstanding disputes, and allowed the airline to focus on operational growth.

Ajay Singh, chairman and managing director, SpiceJet, said: ?This successful settlement with Willis Lease reflects the positive impact of our financial restructuring strategy.

We deeply appreciate the continued support of our partners and stakeholders as we work towards building a stronger and more resilient SpiceJet.?

SpiceJet is a low-budget air carrier. The airline operates a fleet of Boeing 737s, Q-400s, & freighters and is the country's largest regional player operating multiple daily flights under UDAN, or the Regional Connectivity Scheme. The majority of the airline's fleet offers SpiceMax, the most spacious economy class seating in India.

The company reported a standalone net profit of Rs 24.96 crore in Q3 FY25 as compared with a net loss of Rs 301.45 crore in Q3 FY24. Revenue from operations fell 35.33% to Rs 1231.06 crore in Q3 FY25 as compared with Rs 1,903.57 crore in Q3 FY24.

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SpiceJet today announced the launch of 24 new domestic flights as part of its Summer 2025 schedule. The airline is expanding its network by adding three new destinations - Tuticorin, Porbandar, and Dehradun - while introducing new routes to enhance connectivity across the country.

The airline will commence operations on these new routes in a phased manner from 30 March 2025, with bookings now open.

Tuticorin will be connected to Chennai and Bengaluru, with a daily direct flight to Bengaluru and twice-daily flights to Chennai, offering passengers the convenience of same-day return travel.

This summer, travellers from Ahmedabad, Bengaluru, Delhi and Mumbai will enjoy seamless access to the picturesque and cool retreat of Dehradun, with direct SpiceJet flights connecting them to the serene foothills of the Himalayas.

Porbandar will be exclusively connected to Mumbai with a non-stop flight operating twice a week (Tuesdays and Thursdays) from 01 April 2025.

Further expanding its domestic footprint, SpiceJet will introduce new flights on the Ahmedabad-Srinagar and Pune-Varanasi sectors while also reconnecting Bengaluru with Goa and Pune with Chennai, offering passengers greater travel options.

Powered by Capital Market - Live News

SpiceJet announced the launch of its daily non-stop flights connecting Delhi and Kathmandu starting 10 May 2025. This marks SpiceJet's first new international destination since its successful Qualified Institutional Placement (QIP).

Flight SG 41 will depart from Delhi at 8:10 am (local time) and land in Kathmandu at 9:55 am (local time). The return flight, SG 42, will depart from Kathmandu at 10:55 am (local time) and arrive in Delhi at 1:10 pm (local time). SpiceJet will operate its Boeing 737 aircraft on this route.

Powered by Capital Market - Live News

SpiceJet announced the successful renewal of its IATA Operational Safety Audit (IOSA) certification, a globally recognised benchmark for operational safety. This achievement reaffirms SpiceJetʹs unwavering commitment to maintaining the highest safety and operational standards.

The successful renewal of the IOSA certification is valid until March 2027.

Powered by Capital Market - Live News

As part of the agreement, Willis Lease has withdrawn its insolvency case against SpiceJet, closing yet another chapter in the airline?s ongoing efforts to strengthen its financial foundation.

This settlement follows a series of strategic agreements SpiceJet has secured in recent months, supported by an Rs 3,000 crore infusion through a qualified institutional placement (QIP) in September 2024 and an additional Rs 294.09 crore infusion by promoter Ajay Singh.

These funds have significantly strengthened SpiceJet?s financial position, facilitated the resolution of outstanding disputes, and allowed the airline to focus on operational growth.

Ajay Singh, chairman and managing director, SpiceJet, said: ?This successful settlement with Willis Lease reflects the positive impact of our financial restructuring strategy.

We deeply appreciate the continued support of our partners and stakeholders as we work towards building a stronger and more resilient SpiceJet.?

SpiceJet is a low-budget air carrier. The airline operates a fleet of Boeing 737s, Q-400s, & freighters and is the country's largest regional player operating multiple daily flights under UDAN, or the Regional Connectivity Scheme. The majority of the airline's fleet offers SpiceMax, the most spacious economy class seating in India.

The company reported a standalone net profit of Rs 24.96 crore in Q3 FY25 as compared with a net loss of Rs 301.45 crore in Q3 FY24. Revenue from operations fell 35.33% to Rs 1231.06 crore in Q3 FY25 as compared with Rs 1,903.57 crore in Q3 FY24.

Powered by Capital Market - Live News

SpiceJet announced the successful renewal of its IATA Operational Safety Audit (IOSA) certification, a globally recognised benchmark for operational safety. This achievement reaffirms SpiceJetʹs unwavering commitment to maintaining the highest safety and operational standards.

The successful renewal of the IOSA certification is valid until March 2027.

Powered by Capital Market - Live News

As part of the agreement, Willis Lease has withdrawn its insolvency case against SpiceJet, closing yet another chapter in the airline?s ongoing efforts to strengthen its financial foundation.

This settlement follows a series of strategic agreements SpiceJet has secured in recent months, supported by an Rs 3,000 crore infusion through a qualified institutional placement (QIP) in September 2024 and an additional Rs 294.09 crore infusion by promoter Ajay Singh.

These funds have significantly strengthened SpiceJet?s financial position, facilitated the resolution of outstanding disputes, and allowed the airline to focus on operational growth.

Ajay Singh, chairman and managing director, SpiceJet, said: ?This successful settlement with Willis Lease reflects the positive impact of our financial restructuring strategy.

We deeply appreciate the continued support of our partners and stakeholders as we work towards building a stronger and more resilient SpiceJet.?

SpiceJet is a low-budget air carrier. The airline operates a fleet of Boeing 737s, Q-400s, & freighters and is the country's largest regional player operating multiple daily flights under UDAN, or the Regional Connectivity Scheme. The majority of the airline's fleet offers SpiceMax, the most spacious economy class seating in India.

The company reported a standalone net profit of Rs 24.96 crore in Q3 FY25 as compared with a net loss of Rs 301.45 crore in Q3 FY24. Revenue from operations fell 35.33% to Rs 1231.06 crore in Q3 FY25 as compared with Rs 1,903.57 crore in Q3 FY24.

Powered by Capital Market - Live News

SpiceJet today announced the launch of 24 new domestic flights as part of its Summer 2025 schedule. The airline is expanding its network by adding three new destinations - Tuticorin, Porbandar, and Dehradun - while introducing new routes to enhance connectivity across the country.

The airline will commence operations on these new routes in a phased manner from 30 March 2025, with bookings now open.

Tuticorin will be connected to Chennai and Bengaluru, with a daily direct flight to Bengaluru and twice-daily flights to Chennai, offering passengers the convenience of same-day return travel.

This summer, travellers from Ahmedabad, Bengaluru, Delhi and Mumbai will enjoy seamless access to the picturesque and cool retreat of Dehradun, with direct SpiceJet flights connecting them to the serene foothills of the Himalayas.

Porbandar will be exclusively connected to Mumbai with a non-stop flight operating twice a week (Tuesdays and Thursdays) from 01 April 2025.

Further expanding its domestic footprint, SpiceJet will introduce new flights on the Ahmedabad-Srinagar and Pune-Varanasi sectors while also reconnecting Bengaluru with Goa and Pune with Chennai, offering passengers greater travel options.

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