India’s airlines have ordered about 850 planes valued at about $85 billion in recent years. SpiceJet, a budget carrier, says that’s still not enough to meet demand.
India’s airlines have ordered about 850 planes valued at about $85 billion in recent years. SpiceJet Ltd, a budget carrier, says that’s still not enough to meet demand.
India’s domestic air passenger traffic zoomed up by 25.13 per cent during last month to 95.79 lakh, official data showed on Friday.
India’s air passenger traffic crew by 25.13% in January 2017 with domestic airlines carrying 95.79 lakh passengers as against 76.55 lakh during the corresponding period last year.
Ajay Singh-promoted SpiceJet has got a big thumbs up from JM Financial, HDFC Securities and ICICI Securities. Excerpts
SpiceJet chairman and managing director Ajay Singh said on Monday that it would make “some sense” for low-cost airline IndiGo to shift its domestic operations to Terminal-2 (T2) of the Delhi airport.
It was a clean sweep for SpiceJet at the Asia One Awards in Singapore as it walked away with top recognition in three prime categories
Ajay Singh-led SpiceJet, India’s second biggest budget airline by market share, has clocked the highest industry OTP (On-time performance) and PLF (Passenger load factor) for the month of December 2016
Ajay Singh has turned around budget carrier SpiceJet Ltd twice. First, in 2005, when he took over S K Modi-owned loss-making full-service carrier ModiLuft and rebranded it SpiceJet, in which Kalanithi Maran picked up a majority stake in 2010. In 2015, he was back at the helm of the low-cost airline, which was on the […]
Unperturbed by rivals having higher pie of the domestic traffic, SpiceJet today said it would not “go crazy” about market share and the focus is on remaining profitable in a responsible manner.