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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's Q3 revenue jumps five-fold to Rs 107 cr amid surge in demand

February 24, 2023 3:29 pm

In the third quarter of the current fiscal, the airline's net profit stood at Rs 221 crore.

SpiceJet board to consider fund raising, convert liabilities into equity

February 21, 2023 3:26 pm

SpiceJet is looking to raise fresh capital through issuance of eligible securities to qualified institutional buyers.

Chirag Shetty and SpiceJet in a war of words over shuttler's misplaced luggage

February 20, 2023 4:30 pm

Chirag had initially tweeted that airlines had made him pay thrice due to his 'excess baggage' and then later tweeted again saying that the airlines had misplaced his luggage.

Two deboarded from SpiceJet flight at Delhi airport for 'misbehaving' with air hostess

January 24, 2023 8:39 am

In a purported video of the incident, which was circulated on social media, a passenger is seen shouting at a cabin crew member.

Call received regarding bomb in SpiceJet's Delhi-Pune plane, all passengers safe: Police

January 13, 2023 11:35 am

Sources said the estimated departure time of the plane was 5:35 pm. The passengers were at the boarding gate and not inside the aircraft when the call was received, they added.

Passenger who was injured due to turbulence in SpiceJet flight dead, says airline

October 30, 2022 2:04 am

Akbar Ansari, 48, was among the 17 individuals who were injured when a Mumbai-Durgapur SpiceJet flight experienced turbulence on May 1 this year.

SpiceJet to operate more than 50 pc flights from Oct 30 as DGCA lifts curbs

October 22, 2022 1:05 pm

In the wake of multiple incidents involving the aircraft of SpiceJet, aviation watchdog DGCA had on July 27 capped the number of flights the no-frills carrier could operate at 50 per cent.

SpiceJet to operate at full capacity from October 30 as DGCA lifts safety curbs

October 21, 2022 6:22 pm

In July this year, the aviation safety regulator ordered the airline to operate a maximum of 50 per cent of its flights for eight weeks, which was later extended on September 21.

SpiceJet aircraft makes emergency landing in Hyderabad after smoke detected in cabin; DGCA orders probe

October 13, 2022 12:26 pm

An official at the Hyderabad airport said there were 86 passengers onboard the SpiceJet aircraft, and as many as nine flights were diverted on Wednesday night after the incident at around 11 pm.

SpiceJet jumps on report of likely 10 billion rupees govt loan: Report

October 06, 2022 10:37 am

The funds will help the airline clear its dues, pay lessors on time and induct new Boeing 737 Max planes, Business Standard newspaper reported, citing sources.

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