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India’s $85-bn orders still not enough: SpiceJet

India’s $85-bn orders still not enough: SpiceJet

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.

SpiceJet says India’s $85 billion plane orders still not enough

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.

Domestic Air Passenger Traffic Up 25% In January

Domestic Air Passenger Traffic Up 25% In January

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.

Pax traffic continues  solid growth; SpiceJet most punctual airline

Pax traffic continues solid growth; SpiceJet most punctual airline

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.

SpiceJet a compelling turnaround story: JM Financial,HDFC, ICICI

SpiceJet a compelling turnaround story: JM Financial,HDFC, ICICI

Ajay Singh-promoted SpiceJet has got a big thumbs up from JM Financial, HDFC Securities and ICICI Securities. Excerpts

‘Makes sense for IndiGo to shift to T2’

‘Makes sense for IndiGo to shift to T2’

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.

SpiceJet named ‘Greatest  Brand’, Ajay Singh ‘Global Asian’ of the year

SpiceJet named ‘Greatest Brand’, Ajay Singh ‘Global Asian’ of the year

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

SpiceJet scores a hat-trick; Registers highest OTP for 3rd month in a row

SpiceJet scores a hat-trick; Registers highest OTP for 3rd month in a row

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

SpiceJet making Rs 1 cr profit per day from Rs 3 cr loss earlier: Ajay Singh

SpiceJet making Rs 1 cr profit per day from Rs 3 cr loss earlier: Ajay Singh

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 […]

SpiceJet focus on profitability; not crazy on market share: Ajay Singh

SpiceJet focus on profitability; not crazy on market share: Ajay Singh

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.

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