SpiceJet Ltd Faces Turmoil Amid Assault Incident at Srinagar Airport

In a shocking turn of events, SpiceJet Ltd, India’s prominent low-budget airline, finds itself at the center of a controversy following a violent altercation at Srinagar International Airport. The incident, which occurred on July 26, involved an Army officer who allegedly assaulted four SpiceJet employees, leaving them with severe injuries, including a spinal fracture and a broken jaw.

The altercation began over a seemingly routine issue: excess cabin baggage. The officer, carrying 16 kg of luggage—more than double the standard 7 kg limit—was asked to pay the additional charges. Refusing to comply, he forcefully entered the aerobridge without completing the necessary boarding formalities, a clear violation of airport security protocols. When escorted back to the gate by a CISF official, the situation escalated dramatically. The officer reportedly launched a “murderous assault” on the airline staff, prompting immediate condemnation from political parties and the public alike.

Political leaders in Jammu and Kashmir have been vocal in their criticism, demanding accountability for the officer’s actions. National Conference spokesperson Sarah Hayat Shah described the incident as “gundagardi” (lawlessness) on social media, emphasizing the need for the officer to be held responsible. Similarly, PDP leader Iltija Mufti called for swift action against the officer, highlighting the severity of the assault.

The incident has not only raised concerns about security at airports but also cast a spotlight on the treatment of airline staff. SpiceJet, which operates a fleet of Boeing 737 aircraft and offers e-booking and e-ticketing services, has been a key player in India’s aviation sector. Despite the challenges, the airline continues to serve major cities across the country, maintaining its commitment to providing affordable air travel.

Financially, SpiceJet Ltd has experienced fluctuations in its stock performance. As of July 31, 2025, the company’s close price stood at 35.61 INR, marking a significant drop from its 52-week high of 79.9 INR in September 2024. The market capitalization is currently valued at 45,651,628,787 INR, with a price-to-earnings ratio of 72.67.

As the investigation into the assault unfolds, the airline industry and its stakeholders are closely watching the developments. The incident serves as a stark reminder of the challenges faced by airline staff and the importance of maintaining safety and decorum at airports. SpiceJet Ltd, while navigating this turbulent period, remains focused on its mission to connect India’s major cities with efficient and affordable air travel.