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Spicejet Ltd (SPJT.BO)

SPJT.BO on Bombay Stock Exchange

95.95INR
25 Mar 2019
Change (% chg)

Rs-2.15 (-2.19%)
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Rs98.10
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Latest Key Developments (Source: Significant Developments)

India Govt Official Says Grounded MAX 8 Planes As Responses By Boeing,FAA Unsatisfactory
Wednesday, 13 Mar 2019 

March 13 (Reuters) - DGCA Director, B.S. BHULLAR Says::SAYS LIFTING THE RESTRICTION ON B737 MAX WILL BE DECIDED ON INPUTS FROM GLOBAL REGULATORS AND AIRCRAFT MANUFACTURERS.IN TOUCH WITH SUPPLIERS, OTHER REGULATORS, HAVE PUT IN PLACE MORE SAFETY MEASURES.ASKED AIRLINES TO KEEP FARES AT REGULAR LEVELS.NO QUESTION OF FUTURE DELIVERIES OF MAX 737 UNTIL WE ALLOW THEM TO FLY IN INDIAN SKIES.GROUNDED PLANES BECAUSE RESPONSES BY BOEING AND FAA NOT SATISFACTORY TO KEEP PLANES FLYING.  Full Article

Spicejet Expects To Complete Grounding Of MAX On Or Before 4 PM On Wednesday
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Spicejet Ltd ::SAYS CO EXPECTS TO COMPLETE EXERCISE OF GROUNDING OF MAX ON OR BEFORE 4 PM ON WEDNESDAY. HAS PRESENTLY ANNOUNCED CANCELLATION OF 14 FLIGHTS FOR WEDNESDAY AND WILL BE OPERATING ADDITIONAL FLIGHTS FROM TOMORROW.  Full Article

Spicejet Says Signed A Distribution Agreement With Amadeus
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Spicejet Ltd ::SAYS SIGNED A DISTRIBUTION AGREEMENT WITH AMADEUS.  Full Article

Spicejet Exec Says Co Plans To Expand International Ops Aggressively
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Spicejet Ltd Chairman and Managing Director Ajay Singh::EXEC SAYS DEMAND WILL STILL HOLD UP IF FARES INCREASE BY 10 PERCENT, YIELDS WILL GET BETTER.EXEC SAYS CO PLANS TO EXPAND INTERNATIONAL OPERATIONS AGGRESSIVELY.EXEC SAYS CO LOOKING AT FLIGHTS TO CIS COUNTRIES CHINA, SINGAPORE, KUALA LUMPUR.EXEC SAYS IT IS TIME CO STARTS LOOKING AT NARROW BODY AIRCRAFT FOR MIDDLE HAUL AND LONG HAUL FLIGHTS.EXEC SAYS CO WILL DO LOW COST LONG HAUL ONLY IF IT MAKES FINANCIAL SENSE.  Full Article

Spicejet To Launch Air Cargo Operations From Sept 18
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Spicejet Ltd ::TO LAUNCH AIR CARGO OPERATIONS FROM SEPT 18.  Full Article

India's Spicejet Re-Appoints Ajay Singh As MD
Friday, 11 May 2018 

May 11 (Reuters) - Spicejet Ltd ::SAYS CO RE-APPOINTED AJAY SINGH AS MD.  Full Article

India's Spicejet March Qtr Profit Up 11 Pct
Friday, 11 May 2018 

May 11 (Reuters) - Spicejet Ltd ::MARCH QUARTER NET PROFIT 461.5 MILLION RUPEES VERSUS PROFIT OF 416.4 MILLION RUPEES LAST YEAR.MARCH QUARTER NET INCOME FROM OPERATIONS 20.05 BILLION RUPEES VERSUS 16.14 BILLION RUPEES LAST YEAR.FISCAL 2019 WILL WITNESS INDUCTION OF NINETEEN 737 MAX AIRCRAFT AND 8 NEW GENERATION Q400s.  Full Article

India's Spicejet Sept-qtr profit rises 79 pct
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Spicejet Ltd ::Sept quarter net profit 1.05 billion rupees versus profit of 589.1 million rupees last year.Sept quarter net income from operations 17.97 billion rupees versus 13.78 billion rupees last year.Says domestic load factor over 94 percent in Q2‍​.  Full Article

UPDATE 3-Jet Airways chairman steps down as banks move in with rescue plan

* Jet has been on brink of bankruptcy (Adds Goyal comment, details from Jet statement)