Spicejet
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SpiceJet is a low-cost airline based in New Delhi, India. It began service in May 2005 and by 2008, it was India’s second-largest low-cost airline in terms of market share. SpiceJet was earlier known as Royal Airways, a reincarnation of ModiLuft. It is promoted by the Kansagra family.
SpiceJet marked its entry in service with Rs. 99 fares for the first 99 days, with 9000 seats available at this rate.
This deal was followed by a Rs. 999 promotional scheme on select routes.
SpiceJet was voted as the best low-cost airline in South Asia and Central Asia region by Skytrax in 2007. Rising fuel costs and increasing competition resulted in SpiceJet posting a loss in the first quarter of 2008-09. In August 2008, SpiceJet announced plans to raise US$100 million through foreign investment.
On July 15, 2008 Billionaire Wilbur Ross suggested he would invest $80 million (about Rs 345 crore) in the low cost airline. The board of directors of SpiceJet accepted an offer in-principle from the US-based PE firm that would make available about Rs 345 crore to SpiceJet, a joint statement issued by SpiceJet and WL Ross & Co.
SpiceJet’s new generation fleet of aircraft is backed by cutting edge technology and infrastructure to ensure the highest standards in operating efficiency. It has maintenance support and state of the art technology from world leaders like KLM, Star Navigation, Russel Adams and Tech Log. Spice Jet currently flies to 11 destinations. These include: Ahmedabad, Bangalore, Chennai, Delhi, Goa, Hyderabad, Jammu, Kolkata, Mumbai, Pune, and Srinagar.
Spicejet operate scheduled flights to the following domestic destinations (as of December 2008):
- Ahmedabad
- Bagdogra
- Bangalore
- Chennai
- Coimbatore
- Delhi
- Goa
- Guwahati
- Hyderabad
- Jammu
- Kolkata
- Mumbai
- Pune
- Srinagar
- Varanasi
- Vizag
Fleet: SpiceJet has chosen a single-aircraft-type fleet, which allows for greater efficiency in maintenance, and supports the low-cost structure. The airline has opted for the new-generation Boeing 737-800s with winglets and Boeing 737-900ER. These aircraft allow for safe, comfortable and efficient flying and are ideally suited for short to medium-haul flights in Indian conditions.
Registered Office:
SpiceJet Ltd.,
Cargo Complex,
Terminal 1-B,
Indira Gandhi International Airport,
Domestic Terminal,
New Delhi – 110 037.
India
Corporate Office:
SpiceJet Ltd.,
319, Udyog Vihar,
Phase IV,
Gurgaon,
Haryana,
India.
Tel: +91-9871803333
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