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Spicejet Shares Might Jump Another 300%

Gulf carriers like Abu Dhabi-based Etihad Airways PJSC and Qatar Airways have acquired stakes in other airlines to expand their networks. Airlines companies in the Gulf are now trying for some equity stake in Indian carriers like Indigo and Spicejet. Everybody worships the rising sun.  Spicejet, nowadays, is being hailed as the leader of the pack of […]

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Spicejet Celebrates UAE’s 44th National Day with Latest Offer

Spicejet celebrates UAE’s 44th National Day. Comes up with new offers. Spice jet is flying high The latest Spicejet offer unveiled today has priced one-way tickets at a starting low of AED 244 (approx. Rs 4,438) base fare (statutory taxes applicable). In addition to the offer, Spicejet has announced that it will enhance its connectivity […]

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Air India Plans Non-stop Flight to Washington DC

A few years ago, Air India used to serve Washington via New York, but the service was discontinued. The carrier also had flights to Los Angeles in California, which was also discontinued before the merger of Indian Airlines with Air India in 2011.  Presently, Air India (AI) has operates flights to 34 international destinations spread […]

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Air India to Commence a Direct Flight Service to San Francisco from New Delhi from December 2

Prime Minister Narendra Modi during his September visit to San Francisco had made a very exciting announcement.  “There’d be a non-stop direct flight between New Delhi and San Francisco.” National carrier of India, Air India will execute that announcement. It will commence a direct flight service to the Silicon Valley from the New Delhi from December 2.  The […]

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Air India Mopped up Rs 7,000 cr by selling 9 of its 21 Dreamliners under SLB

Air India has mopped up Rs 7,000 crore by selling 9 of its 21 Boeing 787 Dreamliner planes to a Singaporean lessor, which it has taken back on lease from the company under a Sale and Lease Back (SLB)  arrangement. A major chunk of these funds will go into repayment of the bridge loan availed earlier for purchasing […]

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