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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

Mid-air scare as Goa-Pune SpiceJet flight's window pane dislodges inside, but cabin pressure holds

July 02, 2025 5:03 pm

SpiceJet said the dislodged component was a non-structural trim piece that did not affect safety, and the issue was addressed upon the flight's landing in Pune.

Hyderabad-Tirupati SpiceJet flight returns due to snag

June 19, 2025 12:40 pm

The aircraft did not make an emergency landing. An alternate aircraft has been arranged to operate the onward journey to Tirupati, it added.

Video of angry passengers forcing Spicejet ground staff to eat biryani in Pune goes viral, airline condemns the behaviour

June 18, 2025 11:29 am

Infuriated over the quality of food, passengers at the Pune airport forced a staffer of Spicejet airline to have biriyani, shows a video that has now gone viral on social media platforms.

SpiceJet to launch Pune-Varanasi and Pune-Chennai flights from March 30

March 27, 2025 8:57 am

Apart from Pune, the airline’s expansion includes new flights linking Ahmedabad to Srinagar and Bengaluru to Goa, as well as introducing three new destinations:

Less than 4% market share, 40% fleet grounded: Can SpiceJet avoid a crash landing?

March 24, 2025 10:58 am

SpiceJet is operating with a market share below 4%, a 40% fleet grounding, and a 35% YoY revenue decline in Q3FY25. Despite these setbacks, it has raised Rs 3,000 crore in funding, with promoters injecting an additional Rs 294 crore. But is this enough? Is SpiceJet preparing for a second comeback, or is it running out of altitude?

SpiceJet receives Rs 294 crore investments, promoter group raises stake to 33%

March 19, 2025 1:53 pm

The company also said that it has completed an quity infusion of INR 500 Crore.

SpiceJet cabin crew’s Holi dance on flight goes viral; netizens call it ‘unprofessional’

March 14, 2025 12:09 pm

The video shows the cabin crew dancing in the aisle to the famous Holi track ‘Balam Pichkari’ from the Hindi film ‘Yeh Jawaani Hai Deewani’.

Mahakumbh 2025: Delhi-Prayagraj airfare soar; 'cheaper to take a dip in Thames', say netizens

January 28, 2025 8:22 pm

Where a SpiceJet flight from Delhi to Prayagraj costs Rs 31,606, an Etihad flight to London from Delhi costs Rs 24,093.

Passengers fume after SpiceJet reschedules Pune-Delhi flight 4 times before cancelling it

January 25, 2025 12:47 am

The Indian Express reached out to SpiceJet for cancellation details. SpiceJet cited operational reasons for the delay and cancellation.

Pune-Delhi SpiceJet flight cancelled after multiple reschedulings, passengers stranded for 12 hours

January 24, 2025 9:43 pm

SpiceJet later announced a special flight at 1.50 am on Thursday after passengers flooded social media with complaints.

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