Latest news with #Spicejet
India Gazette
3 days ago
- India Gazette
Tirupati-bound Spicejet flight returns to Hyderabad after technical snag with baggage door
Hyderabad (Telangana) [India], June 19 (ANI): A Spicejet flight SG 2696 headed to Tirupati had to turn back to Hyderabad's Rajiv Gandhi International Airport on Thursday after the pilots saw an issue with the baggage door. The airline stated that the flight 'experienced an intermittent illumination of the AFT baggage door light after take-off.' According to a Spicejet spokesperson, the pilots noticed the baggage door light was on after take-off and as a precautionary measure, returned to Hyderabad. 'On June 19, 2025, a SpiceJet Q400 aircraft operating the Hyderabad-Tirupati flight experienced an intermittent illumination of the AFT baggage door light after take-off. Cabin pressurisation remained normal throughout. As a precautionary measure, the pilots decided to return to Hyderabad,' the airline spokesperson said. The flight landed safely without making an emergency landing and passengers were deplaned normally. Spicejet also confirmed that an alternate aircraft has been arranged for the passengers to allow them to go to Tirupati. Notably, GMR, which manages the Hyderabad airport confirmed the return of the Spicejet flight, adding, 'Spicejet SG 2696 flight departed from Rajiv Gandhi International, Hyderabad airport to Tirupati Airport returned back and landed again in RGI Airport due technical issues.' Yesterday morning, a bomb threat email targeting a Qatar Airways cargo flight was received at the Hyderabad airport, prompting an immediate response from law enforcement agencies, the GMR group said in an official statement. Following the threat, the authorities launched a high-alert operation at the airport. 'A bomb threat email targeting a Qatar Airways cargo flight 8650 was received at the Hyderabad airport at 0631 hrs on June 18, 2025. The flight landed safely. A bomb threat assessment committee was formed, and all procedures were followed as per SOP,' GMR said. In a separate incident, Hyderabad's Begumpet Airport also received a bomb threat, prompting an intense search operation across the airport premises. Speaking to ANI, the Assistant Commissioner of Police at Begumpet said, 'Begumpet airport received a bomb threat mail this morning. We are currently conducting a thorough search of the airport and its premises with the bomb squad. Further details will be provided later.' Authorities launched extensive checks with the help of bomb detection and disposal teams. As of now, no suspicious objects have been found. There have been multiple incidents of several bomb threats reported at airports and flights in India, particularly after the crash of the Air India flight AI-171. (ANI)
Business Standard
5 days ago
- Business
- Business Standard
Spicejet gains as Q4 PAT zooms 173% YoY to Rs 325 cr
Spicejet added 2.31% to Rs 44.82 after the company's standalone net profit surged 173% to Rs 324.87 crore in Q4 FY25 as against Rs 119 crore posted in Q4 FY24. However, revenue from operations fell 13.4% year on year to Rs 1,360.87 crore in the fourth quarter of FY25. EBITDA stood at Rs 526.20 crore in Q4 FY25, up 36.10% as against Rs 386.60 posted in Q4 FY24. The company EBITDAR of Rs 689.90 crore in the fourth quarter of FY25, up 11.83% year on year. During the fourth quarter of total passenger revenue per available seat kilometer (RASK) stands at Rs 5.32. Passenger Load Factor (PLF) stood at an impressive 88.1%. In Q4 FY25, the Promoter Group of SpiceJet completed an equity infusion of Rs 500 crore, including the final tranche of Rs 294.09 crore during the quarter. As part of its summer 2025 schedule, the airline launched 24 new domestic flights and expanded its network by adding three new destinations-Tuticorin, Porbandar, and Dehradun. Additionally, SpiceJet successfully renewed its prestigious IATA Operational Safety Audit (IOSA) certification, reinforcing its commitment to global safety standards. Ajay Singh, chairman and managing director, SpiceJet, said, As we share our quarterly and annual performance today, our thoughts are with those affected by the tragic Air India crash in Ahmedabad. This heartbreaking tragedy has deeply affected us all, and our thoughts are with the families and loved ones of those lost in this devastating crash. The entire aviation community stands together in this moment of grief. SpiceJet has delivered a strong set of results, marking a significant turnaround in our operational and financial performance. Posting a profit for the second consecutive quarter and for the full financial year after seven years is a reflection of the tireless efforts of our team, the continued trust of our passengers, and the resilience of our brand. With a strengthened balance sheet, renewed investor trust and continued network expansion, SpiceJet is well positioned for sustainable growth. While the revival of our grounded fleet has taken longer than anticipated due to complex global supply chain and engine overhaul challenges, momentum is now clearly building. Our partnerships with world class OEMs and MROs like StandardAero and Carlyle Aviation are bearing fruit, and engine overhauls are underway. With overhauled engines now returning, we expect a steady rampup in operational capacity in the weeks ahead. Meanwhile, the company has entered into a term sheet with Carlyle Aviation Management (CAML) to restructure aircraft lease obligations amounting to $121.18 million as of 31 March 2025. The agreement is aimed at optimizing the airlines capital structure and improving liquidity, as the company continues efforts to streamline operations and strengthen its financial position. SpiceJet is Indiaʹs favourite airline that has made flying affordable for more Indians than ever before. SpiceJet is an IATA and IOSA certified airline that operates a fleet of Boeing 737s & Q400s and is one of the countrys largest regional players operating multiple daily flights under UDAN or the Regional Connectivity Scheme. The majority of the airlineʹs fleet offers SpiceMax, the most spacious economy-class seating in India
Economic Times
14-06-2025
- Business
- Economic Times
SpiceJet Q4 Results: PAT jumps 173% YoY to highest-ever quarterly profit of Rs 325 crore
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Budget carrier Spicejet on Saturday reported that its March quarter standalone profit after tax surged 173% year-on-year (YoY) to Rs 324.87 crore. For the Gurugram-based airline, this is the highest ever quarterly profit and second consecutive profitable the revenue from operations for the reporting quarter declined 16% YoY to Rs 1,446.37 crore from Rs 1,719.3 crore in Q4 FY24, SpiceJet the entire FY25, SpiceJet posted full‐year net profit of Rs 48 crore, the first in seven years, underscoring the success of its financial and operational turnaround strategy. In FY24, the airline had reported a loss of Rs 404 that the growth is led by improved yields, sustaining high load factors, and cost optimization, SpiceJet said the passenger load factor stood at 88.1%, highlighting strong RASK improved by 3.4% YoY, and the airline has achieved a positive net worth of Rs 683 crore at the end of the Promoter Group completed an equity infusion of Rs 500 crore, including the final tranche of Rs 294.09 crore in Q4 FY25, underscoring its strong confidence in the company's long‐term vision and potential.'SpiceJet has delivered a strong set of results, marking a significant turnaround in our operational and financial performance. With a strengthened balance sheet, renewed investor trust and continued network expansion, SpiceJet is well‐positioned for sustainable growth," SpiceJet Chairman and Managing Director Ajay Singh the revival of SpiceJet's grounded fleet has taken longer than anticipated due to complex global supply chain and engine overhaul challenges, he said the momentum is now clearly building."Our partnerships with world‐class OEMs and MROs like StandardAero andCarlyle Aviation are bearing fruit, and engine overhauls are underway. With overhauled engines now returning, we expect a steady ramp‐up in operational capacity in the weeks ahead," Singh of the announcement of results on Saturday, SpiceJet shares ended Friday's session 2% lower at Rs 43.81 on BSE.
Time of India
14-06-2025
- Business
- Time of India
SpiceJet Q4 Results: PAT jumps 173% YoY to highest-ever quarterly profit of Rs 325 crore
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Budget carrier Spicejet on Saturday reported that its March quarter standalone profit after tax surged 173% year-on-year (YoY) to Rs 324.87 crore. For the Gurugram-based airline, this is the highest ever quarterly profit and second consecutive profitable the revenue from operations for the reporting quarter declined 16% YoY to Rs 1,446.37 crore from Rs 1,719.3 crore in Q4 FY24, SpiceJet the entire FY25, SpiceJet posted full‐year net profit of Rs 48 crore, the first in seven years, underscoring the success of its financial and operational turnaround strategy. In FY24, the airline had reported a loss of Rs 404 that the growth is led by improved yields, sustaining high load factors, and cost optimization, SpiceJet said the passenger load factor stood at 88.1%, highlighting strong RASK improved by 3.4% YoY, and the airline has achieved a positive net worth of Rs 683 crore at the end of the Promoter Group completed an equity infusion of Rs 500 crore, including the final tranche of Rs 294.09 crore in Q4 FY25, underscoring its strong confidence in the company's long‐term vision and potential.'SpiceJet has delivered a strong set of results, marking a significant turnaround in our operational and financial performance. With a strengthened balance sheet, renewed investor trust and continued network expansion, SpiceJet is well‐positioned for sustainable growth," SpiceJet Chairman and Managing Director Ajay Singh the revival of SpiceJet's grounded fleet has taken longer than anticipated due to complex global supply chain and engine overhaul challenges, he said the momentum is now clearly building."Our partnerships with world‐class OEMs and MROs like StandardAero andCarlyle Aviation are bearing fruit, and engine overhauls are underway. With overhauled engines now returning, we expect a steady ramp‐up in operational capacity in the weeks ahead," Singh of the announcement of results on Saturday, SpiceJet shares ended Friday's session 2% lower at Rs 43.81 on BSE.
&w=3840&q=100)
Business Standard
14-06-2025
- Business
- Business Standard
Spicejet Q4FY25 results: PAT jumps nearly three-fold to Rs 325 crore
Budget carrier Spicejet on Saturday said its standalone profit after tax surged nearly three-fold to Rs 324.87 crore in the March 2025 quarter. The Gurugram-based airline had posted a PAT of Rs 119 crore in the fourth quarter of FY24, according to a regulatory filing. However, the revenue from operations for the reporting quarter declined 16 per cent year-on-year to Rs 1,446.37 crore from Rs 1,719.3 crore in Q4 FY24, SpiceJet said in the filing. For the 2024-25 fiscal, SpiceJet posted a standalone PAT of Rs 580.74 crore against a loss of Rs 409 crore in the year-ago period. The revenue from operations fell 25 per cent to Rs 5,284 crore in FY25 against Rs 7050 crore a year ago, as per the exchange filing. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
