Aviation

Companies

Maran claims SpiceJet owes over ₹400 cr with interest as payment dispute lingers

Kalanithi Maran claims SpiceJet owes over ₹400 crore in arbitration, far exceeding the airline's stated ₹144.5 crore. The Delhi high court is reviewing SpiceJet's plea for relief from a deposit order.

3 min read16 Apr 2026
Industry

Parliamentary panel wants Udan air connectivity scheme viability studied before disbursing ₹28,840 crore

The committee recommends that the ministry commission a comprehensive independent impact assessment that covers the cost per passenger on each route, route-wise viability metrics, and the proportion of routes achieving self-sustainability.

4 min read16 Apr 2026
Markets

SpiceJet share price hits 5% upper circuit for third session on value buying despite ₹70 crore setback from UK Court

SpiceJet shares surged 5% for the third consecutive session amid value buying, despite a UK court ruling requiring the airline to pay $8 million to an aircraft lessor. The stock remains 78% below its 52-week high, having plummeted 55% in three months.

2 min read10 Apr 2026
Industry

Air India begins search for a new CEO

Campbell Wilson stepped down from the helm of Air India, cutting short his five-year tenure by a year amid mounting losses and operational challenges.

4 min read7 Apr 2026
News

SpiceJet cites ‘technical issue’ after Delhi–Bengaluru flight delay leaves passengers stranded for over 6 hours

SpiceJet flight SG199 from Delhi to Bangalore was delayed on Monday for over 6 hours. The airline cited a ‘technical issue’ and arranged an alternate aircraft, while passengers expressed frustration over lack of communication and support.

2 min read7 Apr 2026
Companies

SpiceJet moves review plea in Delhi HC over ₹144.5 crore deposit in Maran dispute

The review plea assumes significance as SpiceJet is facing a severe liquidity crunch due to flight disruptions linked to the West Asia war.

3 min read7 Apr 2026
Industry

Panel seeks clarity on Pawan Hans future; flags aviation safety gaps

The parliamentary committee recommended the ministry to articulate a clear, strategic direction for Pawan Hans, whether restructuring, re-attempting disinvestment, or repositioning it as a strategic helicopter operator for the Northeast

2 min read7 Apr 2026
Companies

Can IndiGo fly out of this perfect storm?

IndiGo’s share prices have tumbled by over 30%. Only twice in the past has IndiGo’s share price suffered a greater fall than this time. Both times, it rebounded with elan. This time, the airline faces a bigger, multi-front challenge.

4 min read7 Apr 2026
Industry

India's aviation growth to stay muted in FY26 as capacity curbs, disruptions weigh on traffic

India’s domestic air passenger traffic is set to grow just 0–3% in FY26, the slowest pace since the pandemic. Aircraft groundings, safety checks after the Air India crash, IndiGo’s flight cuts, and geopolitical disruptions have constrained capacity despite strong demand.

3 min read6 Apr 2026
Industry

Mint Explainer | Will suspension of 60% free seat-selection mandate help airlines offset rising jet fuel costs?

The directive mandating 60% free seating on domestic flights has been kept in abeyance until further orders, pending a review of the matter.

2 min read3 Apr 2026