30 Jan, EOD - Indian

SENSEX 76759.81 (0.30)

Nifty 50 23249.5 (0.37)

Nifty Bank 49311.95 (0.30)

Nifty IT 42426.65 (-1.14)

Nifty Midcap 100 52714.25 (-0.01)

Nifty Next 50 62193.15 (0.08)

Nifty Pharma 21419.65 (1.21)

Nifty Smallcap 100 16560.5 (0.12)

30 Jan, EOD - Global

NIKKEI 225 39513.97 (0.25)

HANG SENG 20225.11 (0.14)

S&P 6061.55 (0.29)


Corporate News

You are Here : Home > News > Corporate News >

(28 Jan 2025, 10:53)

SpiceJet set to include its first grounded Boeing 737 MAX aircraft into operation


SpiceJet is set to re-induct its first ungrounded Boeing 737 MAX aircraft into operations starting 29 January, 2025. Grounded for several months, the aircraft's return marks a significant milestone in the airline's fleet restoration and operational enhancement efforts.

To facilitate the restoration of its MAX fleet, SpiceJet recently entered into services agreements with StandardAero Inc., a leading US-based engine maintenance, repair, and overhaul (MRO) provider, and CFM International, Inc., the original equipment manufacturer (OEM) for LEAP-1B engines.

Under its ongoing fleet restoration plan, the airline aims to bring ten aircraft, including four Boeing 737 MAX planes, back into service by mid-April 2025 and this is the first 737 MAX aircraft to be brought back under the exercise.

The addition of the MAX aircraft will enable SpiceJet to operate to high-demand markets such as Jeddah and Riyadh without any operational restrictions. The induction of these fuel-efficient planes will result in significant cost savings due to the MAX's reduced fuel consumption, lower maintenance requirements, and higher aircraft utilization, all of which will contribute to further optimizing the airline's operations.


More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +