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SpiceJet
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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...
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- 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
Related Other Pages:
- Vistara, Air Canada and Jet Airways
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 head Ajay Singh, UAE-based Sky One submit bids for bankrupt airline Go First
February 16, 2024 8:57 pm
Cash-strapped Go First announced on May 2 that it was filing for voluntary insolvency proceedings with the National Company Law Tribunal (NCLT), blaming engine manufacturer Pratt & Whitney (P&W) for the financial crisis.
The 2024 flight chaos was no act of god
January 23, 2024 10:37 pm
Indian airlines face few to no consequences for flight delays and passenger inconvenience. Update in regulation, technology, and a redressal mechanism are the need of the hour
SpiceJet passenger locked inside toilet for entire flight; airline to provide refund
January 18, 2024 10:49 am
The incident took place on a Mumbai-Bengaluru SpiceJet flight. The lock of the toilet door had malfunctioned and the passenger was rescued after the door was broken open.
Akasa Air, SpiceJet, Air India Express ‘satisfactorily’ complete 737 MAX-8 inspections on DGCA directive
January 08, 2024 1:27 pm
There are 44 737 MAX-8 aircraft with Indian carriers currently, as per fleet databases, but not all of them are presently operational.
13% flight departures from Pune airport delayed in October; 32% for SpiceJet
November 11, 2023 1:31 pm
At 86.82 per cent, the on-time performance of Pune airport in October 2023 saw an improvement of 2.5 per cent over September and remained satisfactory.
SC allows SpiceJet to seek modification in HC order on employment, dues to staff
September 29, 2023 12:52 am
In view of above facts, learned senior counsel appearing for the petitioners seeks permission to withdraw this Special Leave Petition with liberty to approach the High Court seeking modification of the order impugned,” the bench said in its September 22 order.
SC asks SpiceJet to pay USD 1 million per month to Swiss firm for six months towards dues repayment
September 22, 2023 10:27 pm
The airline is already paying USD 0.5 million as monthly instalment to the Swiss firm.
SpiceJet-Credit Suisse case: SC threatens to throw SpiceJet CMD into 'Tihar jail' over non-payment of dues to Swiss firm
September 12, 2023 7:52 pm
SpiceJet and Credit Suisse had told the Supreme Court on August 18, 2022 about the resolution of their financial dispute which led to the withdrawal of an appeal by the low-cost airline against a Madras High Court order.
'Not bothered even if you die': SC warns SpiceJet of 'drastic action' if Credit Suisse dues unpaid
September 13, 2023 9:45 am
Credit Suisse and SpiceJet have been engaged in a legal dispute since 2015 over the bank's claim of unpaid dues of around $24 million, which led to the Madras High Court's order that the airline be wound up in 2021.
HC refuses to stay order upholding arbitral award in favour of Kalanithi Maran and against SpiceJet
August 24, 2023 7:06 pm
As part of the agreement, Maran and Kal Airways had claimed to have paid Spicejet Rs 679 crore for issuing warrants and preference shares.
