|Commenced operations||18 May 2005|
|Frequent-flyer program||SpiceJet MAX|
|Company slogan||We Do It With All Our Heart|
|Headquarters||Gurgaon, Haryana, India|
|Key people||Ajay Singh (Promoter)
Sanjiv Kapoor (COO)
|Revenue||US$ 964.13 million (2013)|
SpiceJet is an Indian low-cost airline headquartered in Gurgaon, India. It is the country's forth largest airline by number of passenger carried with market share of 12.3% as of July 2015. The airline operates more than 270 daily flights to 41 destinations, including 34 Indian and 7 international cities.
- 1 History
- 2 Destinations
- 3 Fleet
- 4 Services
- 5 Awards and achievements
- 6 References
- 7 External links
1993–1996: ModiLuft era
The origins of SpiceJet track back to February 1993 when ModiLuft was launched by Indian industrialist S K Modi, in technical partnership with the German flag carrier Lufthansa. The airline ceased operations in 1996.
2005–2013: Inception and expansion
In 2004, Ajay Singh raised funds and restarted operations as SpiceJet following the low-cost model. SpiceJet leased 3 Boeing 737-800 aircraft. On 7 March 2005, the Airports Authority of India approved three overnight parking slots to SpiceJet, with two in Delhi and one in Mumbai. SpiceJet opened bookings on 18 May 2005. The first flight was flagged off by then Union Minister of Civil Aviation, Praful Patel. The first Boeing 737-800 aircraft left Indira Gandhi International Airport, New Delhi for Chhatrapati Shivaji International Airport, Mumbai on 24 May 2005. By 2008, it was India's second-largest low-cost carrier in terms of market share.
Indian media baron Kalanidhi Maran acquired 37.7% stake in Spicejet in June 2010. In 2012, SpiceJet suffered from a loss of over ₹390 million (US$5.9 million) owing to increase in global crude prices. On 9 January 2012, the Directorate General of Civil Aviation, reported that several airlines in India, including SpiceJet, have not maintained crucial data for the flight operations quality assurance or the FOQA. The Bombay stock exchange announced that ever since June 2011, Spicejet had been suffering losses. In 2012, Despite the losses, Kalanithi Maran increased his stake in Spicejet by investing ₹1 billion (US$15 million) in the airline. The airline returned to making profits at the end of the year. In 2013, SpiceJet launched its first interline pact with Tigerair on 16 December 2013.
In July 2014, SpiceJet announced up to 50 per cent discounts due to competition. In August 2014, SpiceJet became the second largest carrier in India's domestic market, in terms of passengers carried in the month of July, beating leading full service carrier Jet Airways for the first time in its operational history. In December 2014, SpiceJet cancelled many domestic flights across the country. Directorate General of Civil Aviation (DGCA) issued warning over non payment of salaries and dues, while the airport operators moved to put the carrier on cash-and-carry mode, which means the airline can use the facilities of an airport only upon immediate payment. On December 17, all flights were grounded after oil companies refused to refuel its planes. Flights resumed the next day. In January 2015, the Sun group sold its entire shareholding to the airline's founder Ajay Singh and transferred control.
SpiceJet currently operates over 270 flights daily to 34 Indian and 7 international destinations. The airline flies Boeing 737-800 and −900ERs nd Bombardier Dash 8 Q400s. After completing 5 years of flying, SpiceJet was allowed to commence international flights by the Airports Authority of India on 7 September 2010. SpiceJet launched flights from Delhi to Kathmandu and Chennai to Colombo. The first international flight took off on 7 October 2010 from the Delhi airport. In April 2011, SpiceJet announced that they chose Hyderabad Rajiv Gandhi International Airport as the primary base for its new fleet of Bombardier Q400 NextGen aircraft. On 12 January 2012, SpiceJet's fleet went up to 40 as Boeing delivered a brand new 737-800 aircraft.
SpiceJet placed its first firm order for 20 Next-Generation Boeing 737-800s in March 2005, with deliveries scheduled up to 2010. Again in November 2010, SpiceJet order for another 30 Boeing 737-800s with winglets in the presence of the American president, Barack 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". On 9 December 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 its fleet of Q400s for short-haul operations. Each aircraft in the SpiceJet fleet is named after a spice 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. In February 2012, SpiceJet announced that it would take the delivery of ten more aircraft during 2012, of which seven would be the Bombardier Q400. In April 2015, the airline introduced 3 wet leased Boeing 737-800 from Prague-based Travel Service (airline) on a short term agreement.
As of September 2015, the airline has the following fleet:
|Boeing 737-800||16||11||189||all dry leased|
|Boeing 737MAX 8||—||55||—||Deliveries starting 2018|
|Bombardier Dash 8 Q400||14||15||78||1 dry leased|
SpiceJet currently has a fleet consisting of 16 Boeing 737-800, 4 Boeing 737-900ER aircraft and 14 Bombardier Q400 aircraft. In addition to this it also operates 2 Airbus A319 aircraft on short term wet-lease (ACMI:aircraft, crew, maintenance and insurance) from BH Air and Czech Airlines. This marks the first Airbus aircraft in SpiceJet's operation so far. The airline is in process to increase its Boeing jet fleet to 25-26 from current 20 by the end of 2015 by leasing more Boeing 737 aircraft. In August, the airline announced that it will wet-lease 5 more aircraft during the winter 2015 season to re-launch 40 more daily flights which were earlier ceased due to shortage of aircraft.
New aircraft order
In March 2014, Spicejet signed a $4.4 Bn deal with Boeing for procurement of 42 737-8 MAX aircraft. SpiceJet also in talks with both Boeing and Airbus for a possible order of more than 100 single aisle aircraft, either Airbus A320neo or the familer Boeing 737MAX. Sanjiv Kapoor, Chief operating officer of SpiceJet, said the order is expected to be firmed up by March 2016.
MaXposure Media Group, an integrated media solutions company publishes SpiceRoute, the official in-flight magazine.
SpiceMax is a combo offer provided by the airline that includes priority check-in and extra legroom seats. At international airports across India, SpiceMax guests are provided assistance at a dedicated SpiceMax counter and are checked in first.
Spice Add-ons has a host of benefits that includes domestic travel insurance, in-flight meals, excess baggage allowance, bag out first, SpiceMax, student discounts and other offers.
SpiceConnect is an exclusive membership with features such as a personalized dashboard to smoothen the booking process, express bookings to make quick bookings, a safe store to make quick, secure payments, and a feature that keeps you updated with the latest offers from SpiceJet.
My Spice Trip
Awards and achievements
- India's Low Cost Airline by Outlook Traveller (2008, 2010, 2011 & 2012)[not in citation given]
- India's International Low Cost Carrier of the Year- 2012 by Travel Agents Association of India. (TAAI)[not in citation given]
- India's Most Outstanding Airline LCC-Domestic Award, by Travel and Hospitality. (2012)[full citation needed]
- Best LCC Website at 'World Low Cost Airlines Asia Pacific Conference', Singapore. (2010, 2011 & 2012)[full citation needed]
- India's Top 100 CIO Award for customer satisfaction and business growth category. (2007, 2008, 2009, 2011 & 2012)[publisher missing]
- India's best low-fare airline in a survey conducted by MaRs on behalf of Hindustan Times (Dec 2009)[not in citation given]
- World Travel Market Award for multi-channel approach in distribution. (2009)[publisher missing]
- "Base for Q400 operations". SpiceJet News.
- "Introducing SpiceJet Max". SpiceJet. Retrieved 12 January 2013.
- "Now, SpiceJet offers Rs 499 fare on domestic network". Times of India. 1 September 2014. Retrieved 5 September 2014.
- "SpiceJet Contact Information | SpiceJet Airlines". Spicejet.com. Retrieved 14 September 2010.
- "IndiGo market share dips 2.6 per cent in July". The Economic Times. 19 June 2015. Retrieved 20 June 2015.
- Nair, Vipin V. (4 July 2008). "SpiceJet Rises in Mumbai on Report of Kingfisher Deal (Update2)". Bloomberg. Retrieved 30 August 2010.
- "Company History – SpiceJet". moneycontrol.com. Retrieved 30 December 2011.
- "SpiceJet selects Boeing". SpiceJet. Retrieved 30 December 2011.
- "SpiceJet gets AAI approval for parking slots in Mumbai and Delhi". SpiceJet. Retrieved 30 December 2011.
- "SpiceJet books 37,000 seats on day 1.". SpiceJet. Retrieved 30 December 2011.
- "Shri Praful Patel flags off SpiceJet.". SpiceJet. Retrieved 30 December 2011.
- "Kalanithi Maran to buy 37% stake in SpiceJet". The Economic Times. 11 June 2010. Retrieved 30 August 2010.
- "Kalanidhi Maran buys 37.7 p.c. stake in SpiceJet". The Hindu. 13 June 2010. Retrieved 8 August 2010.
- "Fund infusion critical for SpiceJet". Business Standard. Retrieved 15 February 2012.
- "IndiGo, SpiceJet airlines violate mandatory safety norms: DGCA". India Today. Retrieved 20 January 2012.
- "Standalone Result – 31-Dec-11". Bombay Stock Exchange. Retrieved 2 March 2012.
- "Marans to pump Rs 100 cr into SpiceJet, up stake to 48.6 pc". CNN-IBN (India). Retrieved 3 March 2012.
- "SpiceJet returns to profit". The Hindu. Retrieved 27 January 2013.
- "Jet Airways, SpiceJet offers 50 percent discount". Patrika. 8 January 2014. Retrieved 15 January 2015.
- "SpiceJet edges past Jet Airways to be second largest passenger carrier for July". Business Standard. 20 August 2014. Retrieved 5 September 2014.
- Kandavel, Sangeetha (9 December 2014). "SpiceJet cancels 1,800 flights". The Hindu. Retrieved 15 January 2015.
- Mishra, Mihir (9 December 2014). "Airport operators put SpiceJet on cash-and-carry". The Economic Times. Retrieved 15 January 2015.
- "SpiceJet: Indian airline planes 'grounded'". BBC. 17 December 2014. Retrieved 15 January 2015.
- "SpiceJet: Indian airline resumes flights". BBC. 18 December 2014. Retrieved 15 January 2015.
- Mishra, Laltendu (15 January 2015). "SpiceJet changes hand". The Hindu. Retrieved 15 January 2015.
- "SpiceJet to commence international operations. Booking opens for flights to Colombo and Kathmandu.". SpiceJet. Retrieved 30 December 2011.
- "Hyderabad’s RGIA to be a key base for SpiceJet’s Q-400 operations". SpiceJet. Retrieved 30 December 2011.
- "Jet Air, SpiceJet Rise in Mumbai on Foreign Investment Plan". Bloomberg Businessweek. Retrieved 23 January 2012.
- "Star Navigation Announces Firm Orders from SpiceJet.". SpiceJet. Retrieved 27 January 2013.
- "Boeing, SpiceJet Finalize Order for 30 Next-Generation 737-800s". Boeing. Retrieved 8 November 2010.
- "Bombardier Sells 15 Q400 NextGen Aircraft to India's SpiceJet". Bombardier. Retrieved 30 December 2011.
- "CH-Aviation – Airline News, Fleet Lists & More". Ch-aviation.ch. Retrieved 30 August 2010.
- "SpiceJet – Details and Fleet History – Planespotters.net Just Aviation". Planespotters.net. Retrieved 30 August 2010.
- Thomas Noack. "SpiceJet's historic fleet". planestoppers.net. Retrieved 21 January 2012.
- "Auditors cast doubts on SpiceJet's ability to stay afloat". Bennett, Coleman & Co. Ltd. Retrieved 15 February 2012.
- "Indian LCC Spicejet to lease three Czech B737s".
- 5 December 2014. "SpiceJet Fleet in Planespotters.net". planespotters.net. Retrieved 2014-12-05.
- "SpiceJet Fleet".
- "Air India contemplates Boeing 737 Max for no-frills subsidiary". Retrieved 17 August 2015.
- "SpiceJet current fleet". Retrieved 17 August 2015.
- "SpiceJet takes delivery of first wet leased Airbus A319 plane". Retrieved 17 August 2015.
- "Airline to increase fleet, but on profitable routes: Sanjiv Kapoor, Spicejet". Retrieved 17 August 2015.
- http://www.business-standard.com/article/news-ians/spicejet-to-add-5-new-aircraft-increase-flight-frequencies-115082701099_1.html. Retrieved 27 August 2015. Text "SpiceJet to add 5 new aircraft, increase flight frequencies" ignored (help); Missing or empty
- "Boeing, SpiceJet ink $4.4 Bn deal for 737-8 Max Aircrafts [sic] at India Aviation 2014". IANS. Bihar Prabha. 12 March 2014. Retrieved 15 January 2015.
- "SpiceJet in talks with aircraft makers to purchase planes". Retrieved 27 August 2015.
- "SpiceJet set to order 100 big planes as net profit rises again". Retrieved 17 August 2015.
- "SpiceRoute". MaXposure Media Group. Retrieved 14 January 2013.
- "Spicejet partners with Tripfactory.com to launch MySpiceTrip.com". Travel.financialespress.com. Retrieved 10 November 2014.
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