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Spicejet News -- Part 4
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Spiderguy252
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PostPosted: Thu Feb 06, 2014 11:17 am    Post subject: Reply with quote

CCU-HKG-CCU is a stretch for an all-Y 737, no?
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ameya
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PostPosted: Thu Feb 06, 2014 11:48 am    Post subject: Reply with quote

DEL-CAN 2271 Mi
CCU HKG 1627MI
as per gcmap.com
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Nimish
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PostPosted: Fri Feb 07, 2014 6:58 am    Post subject: Reply with quote

ameya wrote:
DEL-CAN 2271 Mi
CCU HKG 1627MI
as per gcmap.com


So seems like CCU HKG is eminently do-able.




From To Initial
Heading Distance
DEL (28°34'07"N 77°06'44"E) SIN (1°21'33"N 103°59'22"E) 131.7° (SE) 2579 mi
CCU (22°39'17"N 88°26'48"E) HKG (22°18'32"N 113°54'53"E) 85.9° (E) 1627 mi
DEL (28°34'07"N 77°06'44"E) HKG (22°18'32"N 113°54'53"E) 92.1° (E) 2331 mi

Actually DEL-HKG should be do-able too - given it's closer than DEL-SIN - which 6E's 320s serviced.
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basheer1211
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PostPosted: Fri Feb 07, 2014 4:45 pm    Post subject: Reply with quote

Is SG planning to operate MDL-GAU or just a charter? Saw this sector in their website, but no flights and timing.

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ameya
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PostPosted: Fri Feb 07, 2014 8:31 pm    Post subject: Reply with quote

Nimish the problem with DEL-HKG is the routing. It cannot cross the HImalayas on two engines due to existing ETOPS regulations, so it comes about 2:10 till GAU and then turns eastwards and follows the path towards HKG unlike what gcmap shows and calculates the distance.

This extra time is what makes it difficult
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Nimish
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PostPosted: Sun Feb 09, 2014 3:41 am    Post subject: Reply with quote

Very interesting article from Vasuki on the new SG appointments - anyone with further insight?

http://theflyingengineer.com/2014/02/09/spicejets-new-management-appointments-the-tiger-is-roaring/
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sri_bom
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PostPosted: Wed Feb 19, 2014 12:04 pm    Post subject: Reply with quote

SpiceJet net worth fully eroded: Auditors
News
18-Feb-2014 11:43 AM
SpiceJet auditors SR Batliboi & Associates LLP stated (14-Feb-2014) the company's operating results have been "materially affected by various factors", adding that "as at December 31, 2013, the Company's accumulated losses have fully eroded the net worth of the Company". It continued, "The appropriateness of the going concern assumption is dependent on the Company's ability to establish consistent profitable operations as well as raising adequate finance to meet its short term and long term obligations". SpiceJet management believes that the going concern assumption is appropriate
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TKMCE
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PostPosted: Wed Feb 19, 2014 9:34 pm    Post subject: Reply with quote

When KF auditors were saying the same thing no one bothered to do anything.. end result a lot of employees were left in the lurch ...not just employees, everyone who sold paper clips to leased aircraft were left in the lurch as well..

Now is SG different from KF??? If so can anyone here enlighten??? Especially any corporate finance whiz kids here....

Also for any lawyers here....when the net worth of the company is eroded, shouldn't some regulatory authority (not necessarily DGCA) take action???
After all this a country in which it is very big news of a poor babu trying to take a bribe of 500 Rs just so that his kid can have a new pair of clothes and who is arrested and media hyped and sentenced from anywhere from 2 to 10 years in jail!!!!

Also wish the great Indian media do better than reporting what the president or prime minister ate for breakfast or lunch on his last state visit to Kerala or Tamil Nadu and concentrate instead on how companies can continue to operate even after their net worth is eroded and the fact is confirmed by its auditors??? I do agree that the President's or PM's breakfast menu and the interview with the cook of the hotel/state guest house where he/she stays is is more news worthy and sells more copies than corporate governance in India ...but still!
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basheer1211
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PostPosted: Sat Feb 22, 2014 2:30 pm    Post subject: Reply with quote

SG starts daily non-stop service in IXM-BOM and CJB-BOM sector w.e.f Summer
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TKMCE
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PostPosted: Sat Feb 22, 2014 7:26 pm    Post subject: Reply with quote

IXM BOM non stop is a big risk.. AI already has a one stop same a/c flight running for years and a free sappad x 2 has influenced some forum members here as well Very Happy

CJB BOM is over crowded but still viable especially if you are extending it to DEL Indigo is operating I believe two flights, AI has its long running CCJ-CJB-BOM-DEL and unless things have changed recently Jet Lite/Jet Airways used to operate depending on the flavour of the day . 9W 414 was a long running flight.
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Caliguy
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PostPosted: Sat Feb 22, 2014 8:23 pm    Post subject: Reply with quote

sri_bom wrote:
SpiceJet net worth fully eroded: Auditors
News
18-Feb-2014 11:43 AM
SpiceJet auditors SR Batliboi & Associates LLP stated (14-Feb-2014) the company's operating results have been "materially affected by various factors", adding that "as at December 31, 2013, the Company's accumulated losses have fully eroded the net worth of the Company". It continued, "The appropriateness of the going concern assumption is dependent on the Company's ability to establish consistent profitable operations as well as raising adequate finance to meet its short term and long term obligations". SpiceJet management believes that the going concern assumption is appropriate


This is crazy. 'is India better served by having some min fare on routes until the industry matures a bit?
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sumantra
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PostPosted: Sun Feb 23, 2014 5:42 am    Post subject: Reply with quote

TKMCE wrote:
I AI already has a one stop same a/c flight running for years and a free sappad x 2 has influenced some forum members here as well Very Happy
Yes, talk of sAppADu and you know are guaranteed one member's mouth watering, here. Unfortunately, the second leg now changed to a light cold snack pre-2012. I wonder what the situation is now.
TKMCE wrote:
AI has its long running CCJ-CJB-BOM-DEL
AI 658. The A321 turns around after its `biriyAni break' at Kozhikode. Full lunch on CJB-BOM post 3pm, and heavy snack on BOM-DEL. Now we are talking business Razz And I am hungry at 5:40 am.
Cheers, Sumantra.
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HAWK21M
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PostPosted: Wed Feb 26, 2014 5:14 pm    Post subject: Reply with quote

Spice needs money.....their hangar plans at MAA has been stopped.
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TKMCE
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PostPosted: Thu Feb 27, 2014 12:22 pm    Post subject: Reply with quote

I agree with HAWK21M.

Their 75% sale is extended by 1 day till today evening . What is worrying is their advertising syaing "more seats added". We are talking about peak months here as the sale is between April - June and atleast till middle of June it is generally peak season in India. And all this is even before Air Asia India has opened bookings not to speak of TATA SIA waiting in the wings!!

Looks like a struggle for day to day working capital... How long before the bubble bursts??? In the interest of Indian aviation I hope this doesnt happen.. one Kingfisher fiasco is more than enough.
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Nimish
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PostPosted: Thu Feb 27, 2014 1:23 pm    Post subject: Reply with quote

TKMCE wrote:
Looks like a struggle for day to day working capital... How long before the bubble bursts??? In the interest of Indian aviation I hope this doesnt happen.. one Kingfisher fiasco is more than enough.


I have started recommending to friends (who ask) not to buy SG tickets any more - they are likely to collapse if the trend continues...
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HAWK21M
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PostPosted: Thu Feb 27, 2014 3:20 pm    Post subject: Reply with quote

The next telling sign will be delayed salaries and Refuelling agencies stopping credit for fuel....
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basheer1211
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PostPosted: Mon Mar 03, 2014 9:51 pm    Post subject: Reply with quote

SG starts a daily CCU-MAA-IXM and v.v from Summer. The rotation is CCU-MAA-IXM-BOM-IXM-MAA-CCU.
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TKMCE
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PostPosted: Mon Mar 03, 2014 10:45 pm    Post subject: Reply with quote

It is not that CCU IXM passengers will be the salvation for Spice Jet. They have to fill CCU MAA and MAA IXM separately with 20-25 pax a bonus for CCU IXM if it is a good day. - Hevy competition from Indigo and a well established AI flight operating literally from time immemorial ( the old IC 765/766). Similarly MAA IXM will be with almost near certainty one of Air Asia' India's inaugural routes and 9W is also well established and AI has another old timer on this route (AI 671/672) Sumantraji will testify carries good loads mos of the time no doubt - the free sappad offered is a class above the paid offerings of Spice Jet.
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sumantra
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PostPosted: Tue Mar 04, 2014 7:50 am    Post subject: Reply with quote

TKMCE wrote:
Sumantra will testify carries good loads mos of the time no doubt - the free sappad offered is a class above the paid offerings of Spice Jet.
Yes Sir, I testify to both Very Happy. However, the paid sappADu used to be quite nice on SG as well: it has taken a big hit now-a-days, with stale food. Some meals (sappADu, no doubt) are quite good even now, as Rishul has mentioned, but the snacks are often stale. One of the contributions of the Marans taking a majority stake in SG was the food, with its pan-Indian flavour (though I have been more interested in the Southern fare, owing to my biases, but the North Indian offerings look nice and wholesome).
Cheers, Sumantra.
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sri_bom
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PostPosted: Tue Mar 04, 2014 9:03 pm    Post subject: Reply with quote

Management changes at SpiceJet continue
News
4-Mar-2014 10:37 AM
Sun Group CFO S L Narayanan confirmed the large-scale management changes at SpiceJet, noting that replacements are being hired following a number of departures (Live Mint, 03-Mar-2014). “Fact of the matter is that there is a new leader [Kapoo] at SpiceJet and he was recruited because the previous incumbent [former CEO Neil Mills] resigned....You should be well aware that management churn is something that is normal. In fact, you will see more poaching as the Indian aviation industry becomes bigger.” The changes are occurring under new COO Sanjiv Kapoor. As part of the changes, chief technology officer Virender Pal has reportedly left the company, with heads of human resources, commercial and engineering also reportedly requested to depart the carrier. A further two to three heads of departments are expected to depart the carrier in coming days.
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iah87
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PostPosted: Wed Mar 05, 2014 5:32 am    Post subject: Reply with quote

TKMCE wrote:
IXM BOM non stop is a big risk.. AI already has a one stop same a/c flight running for years and a free sappad x 2 has influenced some forum members here as well Very Happy

CJB BOM is over crowded but still viable especially if you are extending it to DEL Indigo is operating I believe two flights, AI has its long running CCJ-CJB-BOM-DEL and unless things have changed recently Jet Lite/Jet Airways used to operate depending on the flavour of the day . 9W 414 was a long running flight.


If every flight they introduce is a risk due to too much competition or not enough traffic, what will happen when Air Asia and Tata/SQ start. It will be even worse for everyone including the new entrants.
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Devesh
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PostPosted: Wed Mar 05, 2014 6:58 am    Post subject: Reply with quote

Appears to be huge management churn at SpiceJet.

http://www.bangaloreaviation.com/2014/03/executive-blood-bath-spicejet.html
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Nimish
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PostPosted: Wed Mar 05, 2014 12:24 pm    Post subject: Reply with quote

Devesh wrote:
Appears to be huge management churn at SpiceJet.

http://www.bangaloreaviation.com/2014/03/executive-blood-bath-spicejet.html


Is the end near? Or is there hope for SG yet?
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ameya
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PostPosted: Wed Mar 05, 2014 2:46 pm    Post subject: Reply with quote

Nimish wrote:
Devesh wrote:
Appears to be huge management churn at SpiceJet.

http://www.bangaloreaviation.com/2014/03/executive-blood-bath-spicejet.html


Is the end near? Or is there hope for SG yet?


This looks like the last hope where a major change in the top management is expected to have a strategy in place for profits
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TKMCE
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PostPosted: Wed Mar 05, 2014 5:14 pm    Post subject: Reply with quote

Quote:
If every flight they introduce is a risk due to too much competition or not enough traffic, what will happen when Air Asia and Tata/SQ start. It will be even worse for everyone including the new entrants.


Rule 1 - Fly on routes where there are enough people to fly at a reasonable fare (for the airline - not for the passenger)

Some routes there are just not enough passengers to fly non stop on a daily basis even with an ATR 72 or a Q400. An example is MAA IXE where Jet (around 15 years back) and recently Spiice Jet tried flying non stop and flopped. Now the routings are via IXE

Same logic for IXM BOM non stop... It should be a 1 stop via BLR or MAA.
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747-237
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PostPosted: Thu Mar 06, 2014 3:14 pm    Post subject: Reply with quote

SpiceJet 14Q1 International Route Suspensions

Indian carrier SpiceJet in the past 8 weeks has cancelled 2 International routes, which includes the following.

Delhi – Guangzhou Cancelled from 14FEB14
Shajrah – Varanasi Cancelled from 12JAN14

Both routes previously saw 4 weekly operations.


Source: Airlineroute.net
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PostPosted: Fri Mar 07, 2014 8:48 am    Post subject: Reply with quote

SpiceJet will add flights to four new routes namely Bagdogra-Nepal, Chandigarh-Dubai, Kolkata-Guangzhou and Kolkata-Hong Kong. It has also applied to the country's aviation regulator to connect six new cities — Amritsar, Lucknow, Pune, Mangalore and Calicut to Dubai.

Read more at:
Economic Times
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sumantra
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PostPosted: Fri Mar 07, 2014 9:15 am    Post subject: Reply with quote

basheer1211 wrote:
Chandigarh-Dubai... Kolkata-Hong Kong
Both these sound quite interesting. Chandigarh is not even a customs airport right now: is that correct? I have not been to Chandigarh for some time: in the late 2000s it had a new terminal coming up in front of the tiny domestic conclave. I had heard that another terminal could come up on the Mohali side, perhaps for international operations. Chandigarh has regular luxury bus services to the Delhi airport, and is well-connected with the closer international airport at Amritsar, too. Second, Hong Kong. While the great circle distance looks doable, the actual distance between Calcutta and Hong Kong is more. Can SpiceJet's B738s and B739s do this without a weight penalty?
Thanks, Sumantra.
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ameya
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PostPosted: Fri Mar 07, 2014 10:10 am    Post subject: Reply with quote

sumantra wrote:
basheer1211 wrote:
Chandigarh-Dubai... Kolkata-Hong Kong
Both these sound quite interesting. Chandigarh is not even a customs airport right now: is that correct? I have not been to Chandigarh for some time: in the late 2000s it had a new terminal coming up in front of the tiny domestic conclave. I had heard that another terminal could come up on the Mohali side, perhaps for international operations. Chandigarh has regular luxury bus services to the Delhi airport, and is well-connected with the closer international airport at Amritsar, too. Second, Hong Kong. While the great circle distance looks doable, the actual distance between Calcutta and Hong Kong is more. Can SpiceJet's B738s and B739s do this without a weight penalty?
Thanks, Sumantra.


Yes the 738s can do HKG from CCU. The Mohali international airport which is essentially a terminal coming up on the opposite side of the runway should be complete in another year or so. But it needs to be seen if IAF will allow international flights from IXC

PNQ-DXB is essentially replacement of PNQ SHJ
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sumantra
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PostPosted: Fri Mar 07, 2014 12:49 pm    Post subject: Reply with quote

ameya wrote:
Yes the 738s can do HKG from CCU. The Mohali international airport which is essentially a terminal coming up on the opposite side of the runway should be complete in another year or so
Thanks, Ameya Sir, on my two points, plus a bonus answer (buy-two-get-one-free). I'll be able to report on the IXC situation (the new domestic terminal+the international terminal construction) on or after 20 March 2014, as I wrote to you. Important and busy city, but are the loads there for viable a narrowbody international operation? Even ATQ doesn't do that well. DEL takes up most of the traffic from the Punjab.
Cheers, Sumantra.
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ameya
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PostPosted: Fri Mar 07, 2014 1:29 pm    Post subject: Reply with quote

sumantra wrote:
ameya wrote:
Yes the 738s can do HKG from CCU. The Mohali international airport which is essentially a terminal coming up on the opposite side of the runway should be complete in another year or so
Thanks, Ameya Sir, on my two points, plus a bonus answer (buy-two-get-one-free). I'll be able to report on the IXC situation (the new domestic terminal+the international terminal construction) on or after 20 March 2014, as I wrote to you. Important and busy city, but are the loads there for viable a narrowbody international operation? Even ATQ doesn't do that well. DEL takes up most of the traffic from the Punjab.
Cheers, Sumantra.


Btw, this Mohali airport thing is stuck in name of that airport

Since Punjab government initiated it, they named it Mohali International, then Haryana joined in and wanted to remain Chandigarh International since Mohali is in Punjab to which Punjab government took objection

Later they proposed it to be named as Shaheed Bhagat SIngh International airport Mohali, which also is stuck since Haryana does not want Mohali to be there at all in the name

So lets see where it is headed.

I would not start a flight from IXC to DXB but then I would not start CAN/HKG/ and stuff either on narrowbody as LCC so SG has its own logic which many a times does not work
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sumantra
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PostPosted: Fri Mar 07, 2014 1:34 pm    Post subject: Reply with quote

The name issues at IXC: I have also heard a compromise, `The Nek Chand Airport' doing the rounds. Yes, interesting observations on the LCC international front: please keep us updated, as usual!
Cheers, Sumantra.
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Devesh
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PostPosted: Fri Mar 07, 2014 8:33 pm    Post subject: Reply with quote

Nimish wrote:
Devesh wrote:
Appears to be huge management churn at SpiceJet.

http://www.bangaloreaviation.com/2014/03/executive-blood-bath-spicejet.html


Is the end near? Or is there hope for SG yet?
From discussions with insiders, no. It is a general house cleaning. The new COO is bringing in people that he can rely on. It is fairly common to see this whenever senior leader changes.

Problem is that SG is having too many of them.
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iah87
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PostPosted: Fri Mar 07, 2014 10:29 pm    Post subject: Reply with quote

TKMCE wrote:
Quote:
If every flight they introduce is a risk due to too much competition or not enough traffic, what will happen when Air Asia and Tata/SQ start. It will be even worse for everyone including the new entrants.


Rule 1 - Fly on routes where there are enough people to fly at a reasonable fare (for the airline - not for the passenger)

Some routes there are just not enough passengers to fly non stop on a daily basis even with an ATR 72 or a Q400. An example is MAA IXE where Jet (around 15 years back) and recently Spiice Jet tried flying non stop and flopped. Now the routings are via IXE

Same logic for IXM BOM non stop... It should be a 1 stop via BLR or MAA.


But they have introduced some flights which are still there and normally would not have expected to be even moderately successful. HYD-IXM, HYD-IXE (nonstop), HYD-BLR-CCJ, MAA-CCJ. The only void in this is BLR-IXM and may be HYD-TRV and HYD-NAG. If HYD-IXM is still going, I am sure there are enough passengers to start BLR-IXM !
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basheer1211
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PostPosted: Fri Mar 07, 2014 11:01 pm    Post subject: Reply with quote

iah87 wrote:
But they have introduced some flights which are still there and normally would not have expected to be even moderately successful. HYD-IXM, HYD-IXE (nonstop), HYD-BLR-CCJ, MAA-CCJ. The only void in this is BLR-IXM and may be HYD-TRV and HYD-NAG. If HYD-IXM is still going, I am sure there are enough passengers to start BLR-IXM !

HYD-IXM is there since 2011. BLR-IXM was operated by I7, IT those days and were successful. But since, 9W and SG failed on this route. Both operated merely 3 months.
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PostPosted: Sat Mar 08, 2014 4:10 am    Post subject: Reply with quote

basheer1211 wrote:
Kolkata-Guangzhou and Kolkata-Hong Kong.


Just when KA is about to consolidate, another airline jumps in. Having said that, KA carries quite a bit of beyond-HKG passenger that I have seen first hand in Dec'13. Hope both airlines do well.

Kolkata-Guangzhou ? Is MU doing brisk business on this route via KMG?

But I will give it to SG for choosing CCU.
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PostPosted: Sat Mar 08, 2014 8:00 am    Post subject: Reply with quote

Devesh wrote:
From discussions with insiders, no. It is a general house cleaning. The new COO is bringing in people that he can rely on. It is fairly common to see this whenever senior leader changes.

Problem is that SG is having too many of them.

Good to hear that this is a serious attempt at a clean up - I think SG has potential, but they need to shape up before the next wave of AirAsia + SIA hit Indian fliers.
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PostPosted: Sat Mar 08, 2014 10:45 am    Post subject: Reply with quote

The airline will reconfigure planes and completely overhaul its brand positioning with a focus on the corporate traveller.

SpiceJet is also reconfiguring its planes to include seven rows of premium economy seats, up from three rows currently.


http://www.traveldailymedia.com/204708/spicejet-to-tap-corporate-sector/
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PostPosted: Sun Mar 09, 2014 1:19 am    Post subject: Reply with quote

Wah re - another change in strategy! How will they target the corporate traveler without sufficient frequency and with these frequent flight cancellations?
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PostPosted: Mon Mar 10, 2014 10:19 am    Post subject: Reply with quote

What are the destinations terminated from SG network so far? I remember PNY, IXD, TRZ and NAG. Anything else?
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