Daily Archives: July 28, 2015

Qatar Airways in talks with IndiGo, denies interest in SpiceJet

Qatar Airways Boeing 787-8 Dreamliner A7-BCF.

National carrier Qatar Airways has issued a statement denying any interest in picking up a stake in Gurgaon based SpiceJet. The middle-eastern carrier says This release is to confirm that Qatar Airways is not in talks to pursue a commercial stake in SpiceJet. There is no interest from the airline to engage in a partnership with the Gurgaon-based airline. Qatar …

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SpiceJet makes remarkable comeback. Reports highest ever Q1 profit of 71.8 cr

SpiceJet Boeing 737-800 VT-SPJ. Photo copyright Devesh Agarwal.

Gurgaon based low fare carrier SpiceJet has made a remarkable comeback from its financial troubles just a little over seven months back. The airline has reported a net profit of Rs 71.8 crore (Rs 718 million) for the first quarter of fiscal year 2015-2016. This is the highest profit for the first quarter ever reported by the airline and the …

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