SpiceJet

A Spicejet Bombardier Q400 operating flight SG1085 from Bangalore to Hubli had a runway excursion on landing at Hubli Airport. The aircraft which was carrying 78 passengers and crew had landed on the runway at around 19.10 local and when it veered off the runway and came to a halt with the left main landing gear collapsed. The aircraft was …

The announcement at the Bombay stock exchange by SpiceJet Ltd. says it all. Spicejet Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 15, 2015, inter-alia, has taken on record the proposal of the principal shareholder and Promoter, Mr. Kalanithi Maran and KAL Airways Private Limited to transfer the ownership, management …

SpiceJet has seen challenging times over the past 5 years. While numerous reasons can be cited for this ranging from network structure, fleet decisions, competition, ability to command a premium, management churn, market weakness and overall brand strength, the financial position of the airline as of today is quite challenging. Much is being reported about the possible funds infusion and/or …

The last week has seen a flurry of reports on the troubles of Spicejet. Some accurate, some totally wrong, and many with a mixture of half truths that create more confusion, rather than inform the reader. Amid the media frenzy, the airline has issued three statements to clarify the situation from its point of view. Spicejet statement issued December 5, …

SpiceJet is very close to finding a solution to its distressed cash position. I estimate the airline should get funding within the next 30 days, and would not be surprised if something is announced within the coming fortnight. The clues to this conclusion come from the actions of the airline, its second quarter results and the public statements of the …

A SpiceJet Boeing 737-800(WL) registration VT-SGK ‘Garlic’ performing flight SG-622 from Surat, Gujarat to New Delhi, on November 6, with 140 passengers and six crew on-board, while on its take-off run on runway 04, struck a buffalo which had strayed on to the runway. The plane impacted the animal at approximately 80 knots speed. The aircraft suffered extensive damage to …

Last evening a little before 6pm, our family received devastating news that the matriarch of our family passed away in New Delhi. Naturally the family elders, my aged mother included, had to rush from Bangalore to New Delhi. Getting anywhere in Bangalore during evening rush hour is difficult, all the way from south Bangalore (Koramangala) to the airport is a …

Gurgaon based low fare carrier SpiceJet has announced yet another sale. This is for flights from select cities, Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata. Fares commence at Rs. 1,999 all inclusive and tickets need to be purchased till September 16, 2014. The travel period is from October 7, 2014 to January 15, 2015 and the usual terms and conditions …

As an incentive to passengers who pre-book their in-flight meals, budget carrier SpiceJet will serve them first, before commencing general meal and drinks sales service in flight. Pre-booking enables an airline to better prepare meals for a flight thus improving availability and reducing wastage. Many airlines, including competitor IndiGo already adopt this practice. SpiceJet also offers a lower price for …

Embattled low fare carrier SpiceJet, reported a loss before tax of Rs 124.10 crore (approx. $20.8 million) for the first quarter of fiscal 2014~2015, ended June. This compared to the profit of Rs 50.56 crore in the same quarter a year earlier. Total income from operations fell to Rs 1,691.04 crore down from Rs 1,701.54 crore in the same quarter …

Gurgaon based low fare carrier Spicejet is adding new flights the Hyderabad-Delhi, Hyderabad-Coimbatore, and Bangalore-Delhi routes. A limited time period flight has been added on Delhi-Hyderabad sector to meet seasonal demand. The airline will also introduce a second direct flight on the Hyderabad-Coimbatore route using the 78 seat Bombardier Q-400 Dash-8 turbo-prop. This will supplement the existing flights between the …

Gurgaon-based budget carrier SpiceJet Ltd., announced an annual loss of Rs. 1,003 crore for fiscal year ending on March 31, 2014. This is the biggest loss in the carrier’s history and represents a five fold increase compared to Rs. 191 crore loss reported last year. Loss for the fourth quarter was Rs. 321 crore up from a loss of Rs. …

Following neighbour and competitor IndiGo, Gurgaon-based SpiceJet has also launched a family group fare offering a discount of 25% on the base fare for groups of four to nine passengers. The “Friends and Family special” offer is available only on domestic flights. An example Delhi – Mumbai sector for travel on May 10th to compare fares before and after friends …