JetAirways and SpiceJet may even report losses in the year to 31 March, Capa said, adding that even other local airlines may not meet its earlier estimates. Photo: Ramesh Pathania/Mint New Delhi: Jet Airways (India) Ltd and SpiceJet Ltd, India’s two New Delhi: A day after SpiceJet offered fares for just Rs 499, budget carriers IndiGo and Jet Airways joined the fare war on Tuesday by offering domestic tickets for as low as Rs 999 and Rs 500 respectively. According to reports, IndiGo has priced its New Delhi: Jet Airways today followed its smaller rival SpiceJet and hiked fares by a steep 25 per cent to mitigate the impact of the sharp fall in the rupee value and a near 15 per cent spike in oil prices of late. "The airline has hiked its fares by 25 On the contrary, offers to woo travellers meant that yields declined for some airlines. All these resulted in record losses - of Rs 894 crore for Jet Airways and Rs 559 crore for SpiceJet – in the September quarter. To put this in perspective, INDORE : Operational delays hit air passengers hard as two flights of Spicejet and Jet Airways reached here 30 minutes late According to airport sources, Spicejet flight SJ-1043 Hyderabad-Indore-Hyderabad reached late by 35 minutes. The flight landed here The stock of the two national carriers crashed after Malaysia's AirAsia revealed its plans to launch a regional airline in association with the Tata Group Chennai: The stock of SpiceJet crashed 6.55 per cent to Rs 37.80 and that of Jet Airways tumbled 4 .
However, Spice-Jet's spokesperson refused to comment or share any details A civil aviation ministry official said that in case of a tie-up, Tiger Airways and SpiceJet will have to compete with the AirAsia Tata Group joint venture as both Southeast Boeing Co is in discussions with airlines Jet Airways and Air India about the sale of its 737 MAX jets, one of the aircraft manufacturer's senior sales executives has said. Speaking to Reuters at the air show in Hyderabad on Thursday, Dinesh Keskar The Mumbai-based airline had lowered its fare following budget carrier Spice Jet announcing Rs. 499 fare for its domestic flights and the move was later copied by other airlines also. Markets on Friday snapped a three-day losing run with Sensex rising 65 MUMBAI: Low fare carrier SpiceJet has said it crossed Jet Airways in market share figures to become India's number 2 carrier--a historical first--in July. In a release, the carrier said it controlled 20.9% of the market in July compared to 19% a month earlier. .
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