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SpiceJet

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SpiceJet
IATA
SG		 ICAO
SEJ		 Callsign
SPICEJET
Founded 2004
Commenced operations 24 May 2005
Hubs
Secondary hubs
Focus cities
Fleet size 40 (+29 orders)
Destinations 34
Company slogan Flying for everyone
Parent company Sun Group
Headquarters Gurgaon[2]
Key people Kalanithi Maran, Chairman
Neil Mills, CEO
Revenue increase US$562.51 million
(see below)
Profit increase US$19.21 million
Website SpiceJet.com

SpiceJet is a low-cost airline headquartered in Gurgaon, India.[2] It began service in May 2005 and by 2008, it was India's second-largest low-cost airline in terms of market share.[3] SpiceJet operates over 243 flights daily to 31 Indian cities. Spicejet's fleet consists of 26 Boeing 737-800, 6 Boeing 737-900ER and 7 Bombardier Dash 8 Q400 aircraft. SpiceJet provides a wide range of customer services on board such as catering. A maximum of 20 kg of baggage is allowed per paying passenger. SpiceJet allows customers to earn reward points and cash back offers as they book using their SpiceJet State Bank of India Master Card. Each of SpiceJet's employee is trained to behave in a smart, friendly and efficient manner so that they ensure every passenger feels welcome and looked after. However, services has been riddled by delays. Some passengers have been left stranded after repeated delay announcements followed by abrupt cancellations. According to reports, more than 17,480 passengers of Spicejet have been affected by delays of more than two hours in January 2011 alone. In December 2011, a major runway collision at Chennai Airport was averted as a Kingfisher Airlines' ATR 72 aircraft was stopped from taking off. SpiceJet was voted as the best low-cost airline in South Asia and Central Asia region by Skytrax in 2007.[4] SpiceJet was also voted the best low-fare airline in India by Hindustan Times' Monitoring and Research Systems (MaRS) in 2009 for its focused commitment to passenger comfort and satisfaction. SpiceJet was reported to be far ahead of other low-cost carriers in India like IndiGo, JetLite, Kingfisher Red and GoAir and also full service carriers like Jet Airways and Kingfisher.[5]

Contents

[edit] History

[edit] Early years

ModiLuft logo

The origins of SpiceJet track back to February 1993 when ModiLuft, one of India's first post-deregulation airlines that was launched by the Indian industrialist S K Modi, in technical partnership with the German flag carrier Lufthansa. The airline project was started in February, 1993 by S K Modi, Ashutosh Dayal Sharma and Kanwar K S Jamwal and on 5 May 1993 took the first flight from New Delhi to Mumbai. The airline actually started operations within three months of its conception - a record of kinds in itself. It maintained very high standards in flight safety, ground maintenance and on-time performance, owing to a strong support from Lufthansa AG. The team consisting of Indian and German technical staff and pilots was built by Kanwar K S Jamwal, General Manager Projects, a thorough professional himself, was responsible for setting up the Airline and it's operations. Captain R L. Kapur and Retired First officer Cdr. S. Raj along with a team of able Airline experts helped further, in meeting the highest standards in the aviation industry and in conforming to the Indian Aircraft Rules set by the Director General Civil Aviation. The first two batches of the cabin crew were extensively trained at the flight crew training facility at Frankfurt. Modiluft was perhaps the only Airline to achieve an average aircraft utilization of a minimum 12 hours per day in Indian Skies. This was no ordinary feat, as it required constant supervision, resources and a team of through professionals at every level to make this possible.

[edit] Emergence as SpiceJet

ModiLuft was the only airline in India to fly a three class configuration compared to others Airlines, It had a First, Business and an Economy Class and an incident free track record of flying. It used Boeing 737-200 Aircraft leased from Lufthansa. ModiLuft did not last very long specially because the business parity of the German and Indian partners was not the same and problems arose. Then the cooperation was broken off and ModiLuft acquired Boeing 737-400 aircraft to replace the 737-200s from Air U K, but the future of ModiLuft was already sealed and the airline ceased operations in 1996. However, the air-operating certificate (AOC) of ModiLuft did not lapse and the airline due to lack of funds changed hands and renamed Royal Airways and later the AOC was used with a different set of promoters soon after which, the low cost model SpiceJet followed.[6] SpiceJet leased 3 Boeing 737-800 Next Generation jet aircraft. SpiceJet chose to buy in modern Boeing NGs after an year long research and study.[7] On March 7, 2005, the Airports Authority of India approved three overnight parking slots (for aircraft) to SpiceJet, with two in Delhi and one in Mumbai. They announced that flights will commence in May after the first of the 30 Boeing 737-800 aircraft arrive in April.[8] SpiceJet opened bookings on May 18, 2005 and results followed immediately as over 37,000 were booked out in just one day, setting a new record in the Asian continent. Red Hot Special Fares were introduced ranging from INR99 (US$1.98) to INR799 (US$15.98).[9] The first flight was flagged off by the Union Minister of Civil Aviation, Shri. Praful Patel. The first Boeing 737-800 aircraft left Delhi for Mumbai via Ahmedabad on May 24, 2005.[10] It was very successful and by 2008, it was India's second-largest low-cost airline in terms of market share. On 15 July 2008 billionaire Wilbur Ross suggested he would invest INR345 crore (US$69 million) in the airline. SpiceJet accepted an offer in principle from a US-based private equity firm that would make these funds available. Indian media baron Kalanidhi Maran acquired 37.7% in the business in June 2010.[11][12] After completing 5 years of flying, SpiceJet was allowed to commence international flights by the Airports Authority of India on September 7, 2010. Spicejet launched flights from Delhi to Kathmandu and Chennai to Colombo. The first international flight took off on October 7, 2010 from the Delhi airport.[13] On December 9, 2010, Bombardier Aerospace announced that SpiceJet placed a firm order for 15 Q400 NextGen turboprop airliners and has also placed an option to buy another 15 of those. SpiceJet used their fleet of Q400's for short-haul operations.[14]

[edit] 2010-11

The Boeing Company tests the newly built SpiceJet Boeing 737-800 at the Boeing Field in Seattle just south of Georgetown.

SpiceJet services has been riddled by delays. On occasions of delays, some passengers have been left stranded after repeated delay announcements followed by abrupt cancellations.[15][16][17] As per DGCA data, more than 17,480 passengers of SpiceJet have been affected by delays of more than two hours in Jan 2011 alone.[18] That SpiceJet is the worst hit among low cost carriers is exemplified by the fact that this number stays unabated at a staggering 15,629 in July 2011.[19] SpiceJet has also been pulled-up by the aviation watchdog DGCA, for abruptly cancelling flights without informing passengers [20] In April 2011, SpiceJet announced that they chose Hyderabad's Rajiv Gandhi International Airport as the first and primary base for its new fleet of Bombardier Q-400 NextGen aircraft. From Hyderabad, SpiceJet launched flights to Aurangabad, Bhubaneswar, Goa, Indore, Madurai, Mangalore, Nagpur, Nasik, Raipur, Rajahmundry, Tirupati, and Vijayawada with the new fleet. Neil Mills, the Chief Executive Officer of SpiceJet said on choosing Hyderabad as the hub that "The Hyderabad Airport provides state of the art infrastructure support for our plans for the Q-400 aircraft. The South Central location of Hyderabad reduces flying time to any of the regional cities by 15-20 minutes, in comparison to other metros in the South. The location advantage of Hyderabad will allow us to explore and develop markets in the west, central and eastern part of the country apart from the strong consumer markets of the south. Hyderabad thus has the potential to become one of the main gateways in India and a key part of our Q-400 operations."[21] SpiceJet now aims to become the nations most preferred low-cost airline by delivering the lowest air fares with the highest consumer value. They wish to fulfill everyone's dream of flying by providing attractive flights with attractively low fares. Each of SpiceJet's employee is trained to behave in a smart, friendly and efficient manner so that they ensure every passenger feels welcome and looked after. The pilots and flight attendants are all well experienced. SpiceJet also heavily invests in safety of the passengers and maintenance of the aircraft. The key management personnel of SpiceJet are all professionals and are hand-picked for their technical knowledge and expertise. SpiceJet now competes with IndiGo and the Indian Railways. As India's economy and businesses are growing, the dream for flying has become common and SpiceJet's mission is to ensure that flying is for everyone.[22]

[edit] Present

On January 12, 2012, SpiceJet's fleet went up to 40 as Boeing delivered a brand new 737-800 aircraft. SpiceJet announced on its website that they would be launching flights on Surat - Delhi and Surat - Mumbai routes following several requests from the carrier's fans on the social media network Facebook. The airline announced that they have an official account on Facebook with over 3,07,900 fans.[23] Around 6 days later, SpiceJet's market share rose by 2.5% after the aviation and finance ministries announced that foreign carriers can now buy up to 49% stake in Indian carriers, including the national flag carrier Air India.[24] However, on January 23, ICICI Securities predicted that SpiceJet could be in a loss during the fourth quarter of 2011 too. Criticizing the way SpiceJet and Kingfisher Airlines have handles cost related issues, GoAir's former commercial officer, Raj Halve said "Today, airlines can neither control costs nor charge a premium for their services".[25]

[edit] Destinations

Main article: SpiceJet destinations

SpiceJet operates over 264 flights daily to 32 Indian cities viz. Agartala, Ahmedabad, Aurangabad, Bangalore, Bagdogra, Bhopal, Chennai, Coimbatore, Delhi, Guwahati, Goa, Indore, Hyderabad, Jammu, Jaipur, Kochi, Kolkata, Madurai, Mumbai, Mangalore, Nagpur, Pune, Rajahmundry, Srinagar, Surat, Trichy, Tirupati, Trivandrum, Tuticorin, Varanasi, Vijaywada and Visakhapatnam. On the international front, SpiceJet operates flights to Kathmandu and Colombo.[23]

[edit] Fleet

SpiceJet fleet
Aircraft In Service Orders Options Passengers
(Economy)		 Notes
Boeing 737-800 27 21 — 189 New deliveries since December 2010
Boeing 737-900ER 6 — — 212
Bombardier Dash 8 Q400 7 8 15 78 New deliveries since August 2011
Total 40 29 15

In November 2010, SpiceJet finalized their order for 30 Next-Generation Boeing 737-800s with winglets in the presence of the American president, Barrak Obama. Neil Mills, the chief executive officer of SpiceJet said "We are extremely satisfied with the Next-Generation 737 — an airplane that is reliable, allows for greater efficiency in maintenance and supports the business plan for low-cost carriers."[26] Again on December 9, 2010, SpiceJet made a firm order for 15 Bombardier Dash 8 Q400 and took options to purchase a further 15. The firm order is valued at approximately US$446 million as of now and can go up to US$915 million if the 15 options are finalized.[14] Each aircraft in the SpiceJet fleet is named after a spice[27][28] Currently, SpiceJet owns 40 aircraft with an average age of 4.6 years.[29] SpiceJet sold five of its old Boeing 737-800 to other operators on receiving new ones. One of the five was SpiceJet's own which is now in the possession of Somon Air.[30]

[edit] Services

In order to keep the fares low and affordable, SpiceJet offers an assortment of vegetarian/non-vegetarian sandwiches, cookies, flavored nuts, soft drinks and juices as a buy-on-board option. As a low-cost carrier, SpiceJet offers only complimentary mineral water to passengers on board its flights. SpiceJet also allows food to be carried on board. However, the food should be cold snacks, non-alcoholic drinks, snack bars and biscuits. Messy, oily or smelly food items are not allowed on board.[31] Per Spicejet Baggage rules, a maximum of 20 kg of baggage is allowed per paying passenger. However, international passengers can carry 2 bags weighing nothing more than 23 kilograms each. The cost of carrying excess baggage is Rs 100 per kg for a one-way trip. Also, the weight of the cabin baggage should not be exceeding 10 kg. The size of the cabin baggage is as of now, 55 cm + 35 cm + 25 cm. Cabin baggage is not allowed in flights connecting the Indian state of Jammu and Kashmir.[32] SpiceJet allows customers to earn reward points and cash back offers as they book using their SpiceJet State Bank of India Master Card which was recently introduced by SpiceJet in collaboration with the State Bank of India and Mastercard. They also provide Insurances Air Accident Insurance, Delayed Flight Insurance, and Lost Baggage Insurance.[33] Despite no in-flight entertainment, SpiceJet provides an in-flight magazine named SpiceRoute. Since August 2009, Maxposure Media Group has been printing and publishing the magazine.[34]

[edit] Pricing policy

A SpiceJet aircraft boarding without a Jet bridge to reduce turnaround time

The price policy of SpiceJet is usually very dynamic, with discounts and tickets in promotion. Like other carriers, even if the advertised price may be very low, it often does not include charges & taxes. As many as ten percent of the seats on any flight are offered at the lowest price, and are the first to sell. The prices steadily rise thereafter to a point where they can be comparable or more expensive than a flight on a full-service carrier like Air India. Aircraft often operate with a minimum set of optional equipment, further reducing costs of acquisition and maintenance, as well as keeping the weight of the aircraft lower and thus saving fuel. Pilot conveniences may be excluded such as ACARS and autothrottle. Often, no in-flight entertainment systems are made available. SpiceJet often offers simpler fare scheme, such as charging one-way tickets half that of round-trips. Typically fares increase as the plane fills up, which rewards early reservations. Often, SpiceJet flies to smaller, less congested secondary airports and/or fly to airports in off-peak hours to avoid air traffic delays and taking advantage of lower landing fees. SpiceJet tends to offload, service and re-load the aircraft (turnaround) in shorter time periods, allowing maximum utilization of aircraft.

[edit] Common practices

SpiceJet operates aircraft configured with a single passenger class, and most operate just a single type of aircraft. The fleet consists of smaller, newer, more fuel efficient aircraft, commonly the Boeing 737 families, reducing training and servicing costs. SpiceJet has a disinclination to handle Special Service passengers, for instance by placing a higher age limit on unaccompanied minors[35] than full service carriers. SpiceJet offers no refunds or transfers to later flights in the event of missed flights; if the aircraft leaves on time without a passenger who arrived late, he will have to buy a wholly new ticket for the next flight.

[edit] SpiceJet Cargo

Along wish passenger services, SpiceJet also offers cargo services on the same flight. The service is available on flights connecting Ahmedabad, Agartala, Bagdogra, Bangalore, Chennai, Coimbatore, Delhi, Goa, Guwahati, Hyderabad, Jaipur, Kochi, Kolkata, Madurai, Mumbai, Pune and Visakhapatnam. Between 2 to 3.5 tons of cargo is ferried on each flight ensuring maximum utilization of the aircraft.[36]

[edit] Awards and Achievements

SpiceJet has won the following awards for its excellent service across the Indian airspace.[37]

  • Smart Travel Asia’s Top 5 Best Budget Airlines in Asia (Aug 2010) and in Top 10 list for 2 consecutive years (Aug 2008 & Sept 2009, Hong Kong)
  • Outlook Traveler’s Best Low Cost Airline (Feb 2008 & Feb 2010)
  • Award for Best Website at ‘World Low Cost Airlines Asia Pacific Conference’ (January 2010, Singapore)
  • India’s best low-fare airline in a survey conducted by MaRs on behalf of Hindustan Times (December 2009)
  • World Travel Market Award for multi-channel approach in distribution (November 2009, London)
  • National Award (ICWAI) for excellence in Cost Management (March 2009)
  • CIO 100 Award for IT efforts for customer satisfaction and business growth (2007, 2008, 2009 & 2011)

[edit] Revenue

Revenue by year
Year Trend Total Income Reference
2000 steady INR5.37 million (US$107,400) [38]
2001 increase INR16.32 million (US$326,400) [39]
2002 increase INR37.6 million (US$752,000) [40]
2003 decrease INR16.08 million (US$321,600) [41]
2004 increase INR41.46 million (US$829,200) [42]
2005 decrease INR38.7 million (US$774,000) [43]
2006 increase INR4,531.47 million (US$90.63 million) [44]
2007 increase INR7,482.79 million (US$149.66 million) [45]
2008 increase INR14,385.79 million (US$287.72 million) [46]
2009 increase INR18,819.79 million (US$376.4 million) [47]
2010 increase INR22,420.91 million (US$448.42 million) [48]
2011 increase INR29,606.04 million (US$592.12 million) [49]

[edit] Incidents

A SpiceJet Q400. The kind of aircraft used in flight SG 913
2010
  1. On the evening of September 8, 2010 at around 06:40 PM IST, the pilots of flight SG 219 noticed fire on one of the engines while taxiing towards the runway on Delhi's Indira Gandhi International Airport. The plane called for emergency services and the problem was fixed. The plane took off at 08:20 PM with all the passengers safe. However, just 15 minutes into the flight, the pilots reported a steep fall in cabin pressure and made an emergency landing back at the same airport. All the passengers were safe and the plane was grounded for repairs.[50]
2011
  1. In December 2011, a major runway collision at Chennai Airport was averted as a Kingfisher Airlines' ATR 72 aircraft was stopped from taking off. Flight SG 913 was arriving more than two hours late on the runway while the Kingfisher flight allegedly rolled off the taxi track on to the main runway, as the news corporation IBNLive reported.[51] Both planes were completely safe and no passenger was harmed.

[edit] Criticism

On January 9, 2012, the Directorate General of Civil Aviation, the Indian governmental regulatory body for civil aviation under the Ministry of Civil Aviation which investigates aviation accidents and incidents reported that several airlines in India, including that of SpiceJet have not maintained crucial data for the Flight operations quality assurance or the FOQA. FOQA, also known as flight data monitoring (FDM) or flight data analysis, is a method of capturing, analyzing and/or visualizing the data generated by an aircraft moving through the air from one point to another. Applying the information learned from this analysis helps to find new ways to improve flight safety and increase overall operational efficiency.[52]

[edit] References

  1. ^ SpiceJet News
  2. ^ a b "SpiceJet Contact Information | Offices | Customer Relations | SpiceJet Airlines". Spicejet.com. http://www.spicejet.com/contactus.asp. Retrieved 2010-09-14. 
  3. ^ Nair, Vipin V. (2008-07-04). "SpiceJet Rises in Mumbai on Report of Kingfisher Deal (Update2)". Bloomberg. http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=JETIN:IN&sid=a11jkP8CkFI4. Retrieved 2010-08-30. 
  4. ^ Full results by region for the World Airline Awards[dead link]
  5. ^ "The Hindustan Times MaRS consumer survey". SpiceJet. http://www.webcitation.org/64JQE9VMU. Retrieved 30 December 2011. 
  6. ^ "Company History - SpiceJet". moneycontrol.com. http://www.moneycontrol.com/company-facts/spicejet/history/SJ01#SJ01. Retrieved 30 December 2011. 
  7. ^ "SPICEJET SELECTS BOEING". SpiceJet. http://spicejet.com/newspage.asp?strNews=Boeing. Retrieved 30 December 2011. 
  8. ^ "SpiceJet gets AAI approval for parking slots in Mumbai and Delhi". SpiceJet. http://spicejet.com/newspage.asp?strNews=AAI. Retrieved 30 December 2011. 
  9. ^ "SpiceJet books 37,000 seats on day 1.". SpiceJet. http://spicejet.com/newspage.asp?strNews=day1. Retrieved 30 December 2011. 
  10. ^ "Shri Praful Patel flags off SpiceJet.". SpiceJet. http://spicejet.com/newspage.asp?strNews=flags. Retrieved 30 December 2011. 
  11. ^ 11 Jun, 2010, 03.31PM IST,AGENCIES (2010-06-11). "Kalanithi Maran to buy 37% stake in SpiceJet - Airlines / Aviation - Transportation - News By Industry - News - The Economic Times". Economictimes.indiatimes.com. http://economictimes.indiatimes.com/Kalanithi-Maran-to-buy-37-stake-in-SpiceJet/articleshow/6037165.cms. Retrieved 2010-08-30. 
  12. ^ "Kalanidhi Maran buys 37.7 p.c. stake in SpiceJet". The Hindu. 2010-06-13. http://www.thehindu.com/business/companies/article454226.ece. Retrieved 2010-08-08. 
  13. ^ "SpiceJet to commence international operations. Booking opens for flights to Colombo and Kathmandu.". SpiceJet. http://spicejet.com/newspage.asp?strNews=NewFlgtKTM. Retrieved 30 December 2011. 
  14. ^ a b "Bombardier Sells 15 Q400 NextGen Aircraft to India's SpiceJet". Bombardier. http://www.bombardier.com/en/corporate/media-centre/press-releases/details?docID=0901260d8014a144. Retrieved 30 December 2011. 
  15. ^ At Hyderabad throughout Saturday night
  16. ^ Harrowing time at Hyd
  17. ^ Miserable at Delhi
  18. ^ Spicejet worst hit by delays
  19. ^ Greater than 2 hour delay : Spicejet record
  20. ^ Spicejet Asked To Explain Cancelled Flights
  21. ^ "Hyderabad’s RGIA to be a key base for SpiceJet’s Q-400 operations". SpiceJet. http://www.webcitation.org/64JT8P5In. Retrieved 30 December 2011. 
  22. ^ "Corporate Overview". SpiceJet. http://www.spicejet.com/CorporateOverview.asp. Retrieved 29 December 2011. 
  23. ^ a b "SpiceJet opens bookings from Surat to Delhi and Mumbai". SpiceJet. http://www.spicejet.com/newspage.asp?strNews=Flights_Surat. Retrieved 20 January 2012. 
  24. ^ "Jet Air, SpiceJet Rise in Mumbai on Foreign Investment Plan". Bloomberg Businessweek. http://www.businessweek.com/news/2012-01-18/jet-air-spicejet-rise-in-mumbai-on-foreign-investment-plan.html. Retrieved 23 January 2012. 
  25. ^ "Airlines rocking on pot-holed runway". Business Standard. http://www.business-standard.com/india/news/airlines-rockingpot-holed-runway/462566/. Retrieved 23 January 2012. 
  26. ^ "Boeing, SpiceJet Finalize Order for 30 Next-Generation 737-800s". Boeing. http://boeing.mediaroom.com/index.php?s=43&item=1507. Retrieved Nov 8, 2010. 
  27. ^ "CH-Aviation - Airline News, Fleet Lists & More". Ch-aviation.ch. http://www.ch-aviation.ch/aircraft.php?search=set&airline=SPJ&al_op=1. Retrieved 2010-08-30. 
  28. ^ "SpiceJet - Details and Fleet History - Planespotters.net Just Aviation". Planespotters.net. http://www.planespotters.net/Airline/SpiceJet. Retrieved 2010-08-30. 
  29. ^ SpiceJet fleet list at planespotters.net Spicejet aircraft list
  30. ^ Thomas Noack. "SpiceJet's historic fleet". planestoppers.net. http://www.planespotters.net/Production_List/Boeing/737/34955,VT-SGA-SpiceJet.php. Retrieved 21 January 2012. 
  31. ^ "SpiceJet Airlines Inflight Services". MakeMyTrip.com. http://www.makemytrip.com/flights/spicejet-inflight_services.html. Retrieved 29 December 2011. 
  32. ^ "SpiceJet Baggage Rules". MakeMyTrip.com. http://www.makemytrip.com/flights/spicejet.html. Retrieved 29 December 2011. 
  33. ^ "SpiceJet Airlines News". MakeMyTrip.com. http://www.webcitation.org/64I2SL1xb. Retrieved 29 December 2011. 
  34. ^ "SpiceJet - SpiceRoute". MaXposure Media Group. http://www.spiceroutemag.com/. Retrieved 1 February 2012. 
  35. ^ Definition of unaccompanied minors
  36. ^ "SpiceJet Cargo Services". SpiceJet. http://www.spicejet.com/cargo.asp. Retrieved 19 January 2012. 
  37. ^ "SpiceJet now flies to Tuticorin - Connects with Chennai using Q400 aircarft". SpiceJet. http://spicejet.com/newspage.asp?strNews=Flights_Tutucorin. Retrieved 30 December 2011. 
  38. ^ "Standalone Result - 31-May-00 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/result.asp?scripcd=500285&scripname=SPICEJET%20LTD.&quarter=JC1999-2000&type=26.50. Retrieved 31 December 2011. 
  39. ^ "Standalone Result - 28-Feb-01 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/result.asp?scripcd=500285&scripname=SPICEJET%20LTD.&quarter=MQ2000-2001&type=29.00. Retrieved 31 December 2011. 
  40. ^ "Standalone Result - 31-May-02 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/result.asp?scripcd=500285&scripname=SPICEJET%20LTD.&quarter=JC2001-2002&type=34.50. Retrieved 31 December 2011. 
  41. ^ "Standalone Result - 31-May-03 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/result.asp?scripcd=500285&scripname=SPICEJET%20LTD.&quarter=JC2002-2003&type=38.50. Retrieved 31 December 2011. 
  42. ^ "Standalone Result - 31-May-04 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/result.asp?scripcd=500285&scripname=SPICEJET%20LTD.&quarter=JC2003-2004&type=42.50. Retrieved 31 December 2011. 
  43. ^ "Standalone Result - 31-May-05 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/result.asp?scripcd=500285&scripname=SPICEJET%20LTD.&quarter=JC2004-2005&type=46.50. Retrieved 31 December 2011. 
  44. ^ "Standalone Result - 31-May-06 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/result.asp?scripcd=500285&scripname=SPICEJET%20LTD.&quarter=JC2005-2006&type=50.50. Retrieved 31 December 2011. 
  45. ^ "Standalone Result - 31-Mar-07 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/result.asp?scripcd=500285&scripname=SPICEJET%20LTD.&quarter=MC2006-2007&type=53.50. Retrieved 31 December 2011. 
  46. ^ "Standalone Result - 31-Mar-08 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/results.asp?scripcd=500285&scripname=SPICEJET%20LTD.&type=57.50&quarter=MC2007-2008&ResType=&checkcons=. Retrieved 31 December 2011. 
  47. ^ "Standalone Result - 31-Dec-08 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/results.asp?scripcd=500285&scripname=SPICEJET%20LTD.&type=60.00&quarter=DQ2008-2009&ResType=&checkcons=. Retrieved 31 December 2011. 
  48. ^ "Standalone Result - 31-Mar-10 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/results.asp?scripcd=500285&scripname=SPICEJET%20LTD.&type=65.50&quarter=MC2009-2010&ResType=&checkcons=. Retrieved 31 December 2011. 
  49. ^ "Standalone Result - 31-Mar-11 - BSE". Bombay Stock Exchange. http://www.bseindia.com/qresann/results.asp?scripcd=500285&scripname=SPICEJET%20LTD.&type=69.50&quarter=MC2010-2011&ResType=&checkcons=. Retrieved 31 December 2011. 
  50. ^ "Double trouble for Spice Jet flight, plane makes emergency landing". NDTV Convergence Limited. http://www.ndtv.com/article/cities/double-trouble-for-spice-jet-flight-plane-makes-emergency-landing-50670. Retrieved 31 December 2011. 
  51. ^ "Kingfisher, SpiceJet plane in near-miss at Chennai airport". IBNLive.com India. http://ibnlive.in.com/generalnewsfeed/news/kingfisher-spicejet-plane-in-nearmiss-at-chennai-airport/940597.html. Retrieved 29 December 2011. 
  52. ^ "IndiGo, SpiceJet airlines violate mandatory safety norms: DGCA". India Today. http://indiatoday.intoday.in/story/indigo-spicejet-goair-jet-airways-airlines-flout-norms-dgca/1/167838.html. Retrieved 20 January 2012. 
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