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Spicejet News -- Part 6
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PostPosted: Thu Oct 13, 2022 12:28 pm    Post subject: Reply with quote

SpiceJet has reached an agreement with Corendon Airlines (XC, Istanbul Sabiha Gökcen) to wet-lease up to seven B737 MAX.

https://www.ch-aviation.com/portal/news/120409-indias-indigo-spicejet-turn-to-acmi-capacity-in-4q22
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PostPosted: Wed Oct 26, 2022 5:20 am    Post subject: Reply with quote

https://www.ch-aviation.com/portal/news/120682-indias-spicejet-allowed-to-revert-to-full-capacity

SpiceJet allowed to revert to full capacity

25.10.2022

SpiceJet (SG, Delhi Int'l) will be able to operate at full capacity from October 30, as India’s Directorate General of Civil Aviation (DGCA) has lifted its restrictions on the low-cost carrier, an official at the air safety watchdog confirmed to local media.

As previously reported, the directorate enforced a measure in July that halved the airline’s approved fleet, putting it under “enhanced surveillance” following a spate of air safety incidents and “degraded safety margins” during 2022. The restriction was initially for eight weeks, but in September the DGCA extended the period of the constraints until October 29.

SpiceJet has not issued a statement or commented on the development.

SpiceJet will now be able to operate, as the DGCA previously approved, up to 3,193 weekly departures in the winter schedules (October 30 to March 25), which is 6.6% more than what was approved for the winter season last year. The summertime control meant it could operate a maximum of 2,096 departures a week. Aviation insiders commented when the restriction was introduced that it in fact meant little as SpiceJet was already operating far fewer flights than the number the authority had approved.

According to the ch-aviation capacities module, SpiceJet has 2,003 frequencies scheduled for this week and 2,142 currently scheduled for the first week of December. Of the carrier’s total fleet of 77 aircraft, 46 are currently active, the ch-aviation fleets advanced module shows.

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PostPosted: Tue Nov 08, 2022 5:28 am    Post subject: Reply with quote

https://www.ch-aviation.com/portal/news/121128-indias-spicejet-targets-italy-for-scheduled-european-debut

SpiceJet targets Italy for scheduled European debut

07.11.2022

SpiceJet is to commence scheduled passenger operations to Italy, its first destination in the European Union, with weekly roundtrip services between Amritsar - Milan Bergamo and Amritsar - Rome Fiumicino now showing as available on the airline's website. SpiceJet had formerly operated ad hoc charter flights to Italy.

SpiceJet's booking portal now shows weekly roundtrip services between Amritsar and Milan Bergamo as running on Saturdays throughout November before increasing to twice-weekly (Saturday and Tuesday) in December. The flights will be operated by a B737-8 and have a brief stop in Tbilisi, Georgia in both directions.

Similarly, SpiceJet will use a B737-8 on roundtrip services between Amritsar and Rome Fiumicino starting on November 11 before settling down to a Wednesday roundtrip service. These flights will also stop in Tbilisi in both directions. According to SpiceJet's schedules, the flights to Milan Bergamo and Rome Fiumicino will operate during daylight hours while the return sectors to India are overnight flights.

According to ch-aviation schedules data, only one other airline is operating passenger flights between Italy and India this month, with Neos Air operating a weekly B787-9 service between Milan Malpensa and Armistar. With the addition of the two Italian destinations, SpiceJet flies to 63 destinations across India, Saudi Arabia, the UAE, Bangladesh, Thailand, and Sri Lanka.

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PostPosted: Wed Nov 23, 2022 3:58 pm    Post subject: Reply with quote

https://www.ch-aviation.com/portal/news/121745-indias-spicejet-gets-creditor-nod-for-spicexpress-spin-off

SpiceJet gets creditor nod for SpiceXpress spin-off

22.11.2022

Creditor banks have indicated they will issue no-objection certificates and allow SpiceJet (SG, Delhi Int'l) to transfer all of its cargo and logistics operations to SpiceXpress and establish the cargo business as a separate entity. In August, SpiceJet foreshadowed the move, saying it would allow the cargo carrier to grow independently of the struggling parent airline.

SpiceXpress recently posted revenues of INR20.6 billion rupees (USD252.8 million) in the three months to September 30, 2022, and a net profit of INR2.12 billion (USD26 million) from transporting 27,675 tonnes of cargo. In contrast, SpiceJet reported a multi-billion quarterly net loss. In addition to utilizing belly hold space in its fleet of 78 passenger aircraft (of which the ch-aviation fleets advanced module reveals only 39 are active), SpiceJet also operates a fleet of three B737-700(BDSF)s and two (presently inactive) B737-800(BCF)s under the SpiceXpress brand.

Meanwhile, SpiceJet, which has spent much of 2022 fending off insolvency claims from disgruntled creditors and received USD122 million in emergency government funding as recently as October, is on the hunt for further capital. Last week, ch-aviation reported that the airline's board had approved the raising of an unspecified amount of fresh capital through the issue of eligible securities to qualified institutional buyers. ch-aviation has contacted SpiceJet for further details on this and their plans for SpiceXpress.

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PostPosted: Mon Dec 12, 2022 5:42 am    Post subject: Reply with quote

Spicejet has withdrawn a Q400, VT-SUW, from the fleet today.
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