Synopsis As the economy opened and operations resumed partially, fuel price and other expenses were higher than the revenue the company was generating, resulting in losses for FY21 and FY22. The latest results — for Q1FY23 — showed a significant spike in revenue, at Rs 12,855 crore, which shows an increase in demand (QoQ basis). … Read more
There were two major bird strike incidents on June 19th with two different flights. While one involved the Patna-Delhi SpiceJet, the other was an IndiGo plane from Guwahati to Delhi. Both flights had to return to their original airports for maintenance. DGCA on Sunday said that the bird strike resulted in the failure of engine … Read more
SpiceJet on Thursday said it will operate 37 special flights between India and Saudi Arabia till July 31 for Indian Haj pilgrims who will visit Islamic pilgrimage sites in Mecca and Medina. “The special flights from Srinagar will depart for Medina between June 5 and June 20. Return flights from Jeddah to Srinagar are scheduled … Read more
Scindia further said that at a time when the airline industry world over is facing turbulence, two new airlines, Jet and Akasa, will soon launch their services. As many as 3.82 lakh passengers undertook air travel daily in the last seven days, giving hopes of revival of the sector scarred by Covid-19, Civil Aviation Minister … Read more
SpiceJet on Saturday said it plans to introduce drone delivery service to transport vaccines, life-saving medicines and essential goods. The budget carrier said it has partnered with Throttle Aerospace for more than 50 customised high-end drones, while Aeologic will provide the drone software management. In a statement, SpiceJet said, it plans to introduce customised drones … Read more
Airbus is more and more confident now of achieving its goal of making hydrogen-powered zero-emission commercial aircraft by 2035 but various challenges such as finding the right fuel in the right quantity have to be resolved, said its CEO Guillaume Faury on Wednesday. Exactly one year back, Airbus had revealed concepts of new hydrogen-powered zero-emission … Read more
The relative humidity was recorded at 94 per cent in the morning Delhi rains: The national capital on Sunday recorded a minimum temperature of 23.4 degrees Celsius, which is one notch below the season’s average, the India Meteorological Department noted today. It further said that the relative humidity was recorded at 94 per cent in … Read more
(This story originally appeared in on Mar 23, 2021) Mumbai/New Delhi: Tata Group and promoter Ajay Singh have been shortlisted for the bid to buy out Air India, people familiar with the development have told TOI. The two will now have to submit financial bids after completing due diligence on the national carrier’s books, agreements … Read more
“Companies have already kept the raw material ready for such cold rooms. Seeing the opportunity, they can double production.” Synopsis Blue Star, Voltas, Snowman, Blue Dart, Allcargo, and SpiceJet are among the companies that will be as crucial to public health in the immediate future as will be the vaccine makers and care centres. Mumbai: … Read more
SpiceJet has planned to run four round-trips of the seaplanes in one day. Image: Twitter/Spiceshuttle After commemorating Rashtriya Ekta Diwas at Statue of Unity, Prime Minister Narendra Modi boarded India’s first seaplane and marked its start for other people. PM Modi inaugurated seaplane service on Saturday and travelled from Kevadia to the Sabarmati Riverfront in … Read more