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SpiceJet

SpiceJet: A Low-Cost Carrier's Ascent and Challenges SpiceJet, headquartered in Gurgaon, holds a significant position in India's aviation landscape. Currently the sixth largest domestic carrier, commanding a 4% market share as of June 2024, it connects 73 destinations - 60 domestic and 13 internatio...

SpiceJet Overview

SpiceJet Image Source : Wikipedia
  • Headquarters Gurgaon, Haryana, India
  • Key people Ajay Singh (Chairman and MD), Sanjeev Taneja (CFO), Debojo Maharshi (CBO)
  • Revenue ₹8,524 crore (US$980 million) (2024)
  • Net income ₹-423 crore (US$-48 million) (2024)
  • Subsidiaries SpiceXpress
  • Website www.spicejet.com

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SpiceJet history

Last Updated : 15/03/25, 03:35 AM
SpiceJet: A Turbulent Journey SpiceJet's history began in 1984 as a private air taxi service founded by S K Modi. A subsequent partnership with Lufthansa saw it operate as Modiluft before ceasing operations in 1996. Reborn in 2005 under Ajay Singh's leadership as a low-cost carrier, SpiceJet quickly...

SPICEJET NEWS

SpiceJet chairman Ajay Singh faces FIR in Gurgaon, company calls it bogus

July 12, 2022 10:42 am

Spicejet shares complaint: In the FIR registered on July 7, the complainant, Amit Arora, a consultant in the aviation sector, claimed that around 2016 at the time of its takeover, SpiceJet was in dire financial difficulty.

SpiceXpress to be hived off from SpiceJet by first week of Aug: Official

July 11, 2022 8:49 am

SpiceJet is under the regulatory scanner right now.

Will be 'doubly careful', strengthen aircraft inspection before flights: SpiceJet CMD

July 06, 2022 5:28 pm

Aviation regulator DGCA issued a show-cause notice to SpiceJet on Wednesday following eight technical malfunction incidents involving the airline's planes in the last 18 days.

DGCA issues showcause notice to SpiceJet over frequent snags

July 07, 2022 1:16 am

SpiceJet CMD Ajay Singh said the airline would be "doubly careful" and strengthen inspection of aircraft before they leave for flights. 

SpiceJet freighter aircraft returns to Kolkata due to its unserviceable weather radar

July 06, 2022 1:09 pm

On Tuesday itself, the airline's Delhi-Dubai flight was diverted to Karachi due to a malfunctioning fuel indicator and its Kandla-Mumbai flight did priority landing in Maharashtra's capital city after cracks developed on its windshield mid-air.

7 in 17 days: Frequency of malfunctions on SpiceJet flights a cause for concern

July 05, 2022 10:04 pm

The Directorate General of Civil Aviation (DGCA) is currently investigating all seven incidents.

Spicejet shares fall over 2% amid report of another technical glitch

July 05, 2022 6:43 pm

Spicejet share price: Spicejet shares have witnessed a steep decline of over 30 per cent so far in this financial year 2022-23, having crashed 30.73 per cent from their March close on BSE and 30.70 per cent on NSE. On a year-to-date (YTD) basis, it has sunk 44.71 per cent on BSE and 44.68 per cent on NSE.

SpiceJet snags: One lands in Pakistan, another has a windshield crack

July 06, 2022 7:48 am

In May, DGCA had ordered an inspection of the airline's entire fleet after one of its planes encountered severe turbulence and suffered damage, but was still allowed by the maintenance crew to take an onward flight.

Explained: Smoke in cabin forces turnback of SpiceJet flight, 5th incident in 2 months

July 03, 2022 1:10 am

The aircraft took off from Delhi early Saturday, and while climbing past 5,000 feet, the crew noticed smoke in the cabin along with the lavatory smoke alarm sound going off, a top official at the Directorate General of Civil Aviation (DGCA) said.

Bird strikes force two planes to return, cabin glitch hits third

June 20, 2022 7:10 am

In one case, pilots suspected bird hit on engine but continued climb: Official

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