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Spicejet News -- Part 4
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ameya
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PostPosted: Mon Mar 10, 2014 10:34 am    Post subject: Reply with quote

basheer1211 wrote:
What are the destinations terminated from SG network so far? I remember PNY, IXD, TRZ and NAG. Anything else?


NDC, CAN, BHO
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basheer1211
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PostPosted: Mon Mar 10, 2014 10:44 am    Post subject: Reply with quote

ameya wrote:
basheer1211 wrote:
What are the destinations terminated from SG network so far? I remember PNY, IXD, TRZ and NAG. Anything else?


NDC, CAN, BHO


Thanks. By the way, its barely 20 days for Summer Schedule, but SG didn't update it completely. Any specific reasons?
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TKMCE
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PostPosted: Mon Mar 10, 2014 5:13 pm    Post subject: Reply with quote

BLR IXM depends on connecting traffic heavily. IT and I7 operated successfully when SG had not operated same plane IXM MAA DEL and IXM MAA BOM, When the latter two flights established itself BLR IXM suffered,
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747-237
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PostPosted: Tue Mar 11, 2014 2:50 pm    Post subject: Reply with quote

Spicejet confirmed during the recent Routes Asia convention that they will switch their respective operations from Dubai Int'l to Sharjah during the former's upcoming runway renovation exercise, set to run from May 1 to July 20, 2014.

Spicejet serves the Emirate from Ahmedabad, Delhi Int'l, Kochi Int'l, Madurai and Mumbai.


http://www.ch-aviation.com/portal/news/26347-air-india-express-spicejet-to-switch-from-dxb-to-sharjah-in-may
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747-237
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PostPosted: Wed Mar 12, 2014 1:23 pm    Post subject: Reply with quote

SpiceJet Opens Reservation for Delhi – Dubai Service May – July 2014

India’s low-cost carrier SpiceJet has opened reservations for Delhi – Dubai service, between 01MAY14 and 20JUL14. Based on the airline’s web booking system, the airline continues to operate to/from Dubai International (DXB) during this period, along with Ahmedabad – Dubai and Kochi – Dubai. Note the revised operational schedule.

SG011 DEL1115 – 1400DXB 737 D
SG019 DXB1530 – 2045DEL 737 D

Following service remains unavailable for reservation during this period at present time:
Madurai – Dubai
Mumbai – Dubai


Source: Airlineroute.net
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iah87
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PostPosted: Wed Mar 12, 2014 6:59 pm    Post subject: Reply with quote

TKMCE wrote:
BLR IXM depends on connecting traffic heavily. IT and I7 operated successfully when SG had not operated same plane IXM MAA DEL and IXM MAA BOM, When the latter two flights established itself BLR IXM suffered,


But now IT and I7 are gone, there is no competition. And BLR does offer some connections. May be they can time the BLR flight to connect to BOM. With some O & D, connecting traffic, and no competition, may be SG can be successful.

HYD-IXM is so far successful, may be due to the fact the plane continues to CMB, picking up a good number of passengers from/to HYD. In addition, HYD is far enough that train, bus or road travel takes a long time.
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PostPosted: Thu Mar 13, 2014 2:21 pm    Post subject: Reply with quote

Sun Group: Deep discounting by SpiceJet in 1Q2013 was 'a mistake'
News
13-Mar-2014 11:08 AM
Sun Group CFO S L Narayanan said deep discounting by SpiceJet in 1Q2013 was a mistake, stating: "I think we made a mistake by offering all-inclusive tickets at Rs2013 in the first quarter of calendar year 2013... The ticket price of Rs2013 was inclusive of everything, taxes, airport charges etc, so the net realisations were very low" (Economic Times, 12-Mar-2014). On current discounting, Mr Narayanan said, "This time we are doing things a lot more intelligently... We are doing it some select sectors and on some seats which would have otherwise gone empty. We usually don't do it on flights during the peak hour, but if a seat is going empty during a flight mid-day, then it has to be monetised."
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abhijith16
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PostPosted: Thu Mar 13, 2014 7:37 pm    Post subject: Reply with quote

sri_bom wrote:
Sun Group: Deep discounting by SpiceJet in 1Q2013 was 'a mistake'
News
13-Mar-2014 11:08 AM
Sun Group CFO S L Narayanan said deep discounting by SpiceJet in 1Q2013 was a mistake, stating: "I think we made a mistake by offering all-inclusive tickets at Rs2013 in the first quarter of calendar year 2013... The ticket price of Rs2013 was inclusive of everything, taxes, airport charges etc, so the net realisations were very low" (Economic Times, 12-Mar-2014). On current discounting, Mr Narayanan said, "This time we are doing things a lot more intelligently... We are doing it some select sectors and on some seats which would have otherwise gone empty. We usually don't do it on flights during the peak hour, but if a seat is going empty during a flight mid-day, then it has to be monetised."


Morons. Absolute morons. They did the same thing now. During peak period.
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TKMCE
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PostPosted: Fri Mar 14, 2014 2:59 am    Post subject: Reply with quote

Now that Mr Harish Kutty and Mr Neil Mills are no longer there such comments can be aired freely. The mistake was not in the concept but the fact that they did not anticipate that every other airline would join the free for all including on peak time departures.
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TKMCE
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PostPosted: Sat Mar 15, 2014 3:08 pm    Post subject: Reply with quote

"2013 fare was a mistake". So why are they now doing a 1999 all inclusive fare as part of a Holi Super Sale between 12 Mar and 16 Mar for travel between 14 Apr and 30 Jun 2014??? Makes no sense other than probably they need cash urgently.

Even today, three days into the sale Pune Kochi and v.v a 2 hour sector is avaiable below 2000 all inclusive on many dates in June.
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The_Goat
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PostPosted: Wed Mar 19, 2014 11:25 pm    Post subject: Reply with quote

What the......... Rolling Eyes

http://timesofindia.indiatimes.com/business/india-business/Midair-Holi-celebrations-in-SpiceJet-Two-pilots-suspendedairline-gets-show-cause-notice/articleshow/32316037.cms

"The dance was professionally choreographed and was Holi delight for passengers much like it is done by several airlines around the world to celebrate a special occasion. The entire dance sequence lasted 2.5 minutes," the spokesperson said.

But nowhere else in the World do pilots leave the cockpit to join in the celebrations, Mr Spokesperson!
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PostPosted: Thu Mar 20, 2014 6:45 am    Post subject: Reply with quote

My small issue is that in a society like India, such small acts can become needlessly ugly. What if someone groped or misbehaved with the crew ?

Our society is just not mature enough for handling these things. And DGCA would be predictably stiff in these matters. They may not be so strict about aviation infrastructure and inspections , but this would be a soft target for them.

So why take the risk ?

Do we Indians HAVE to break into a song and dance on every little occasion ?
It seems so, cuz all the TV channels promote only singing and dancing right from kids to adults.
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747-237
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PostPosted: Mon Mar 24, 2014 10:40 pm    Post subject: Reply with quote

Sources tell us DGCA has actually sought an explanation over two issues related to the dance sequence which was conducted on board eight SpiceJet flights on March 17:

1) How come mobile phones were allowed to be switched on during flight

2) Why was the cockpit entry not secured and barred even if one of the pilots left the cockpit to film the dance on his mobile phone.


http://www.firstbiz.com/corporate/wasnt-just-holi-dance-heres-real-reason-dgca-mad-spicejet-80159.html
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abhijith16
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PostPosted: Tue Mar 25, 2014 5:28 pm    Post subject: Reply with quote

Some updates.

DEL-DXB-BOM-DXB-DEL to become DEL-DXB-IXM-DXB-DEL, with BOM-DXB becoming a standalone flight departing at 2300hrs. Bookings not yet available for the Runway closure period.

BOM-IXE becomes one way DEL-BOM-IXE, akin to AI665/680. This makes SG the third operator on the DEL-IXE route.

HYD-IXE nonstop converted back to HYD-BLR-IXE.

DEL-BOM-STV delinked. Now CCU-DEL-STV-DEL and BLR-BOM-STV and v,v

MAA-CJB is now twice daily Q400 and twice daily 737.
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basheer1211
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PostPosted: Tue Mar 25, 2014 9:39 pm    Post subject: Reply with quote

Adding to that, BOM-MAA-IXM and IXM-MAA-DEL became one way.
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PostPosted: Wed Mar 26, 2014 12:51 pm    Post subject: Reply with quote

The_Goat wrote:
But nowhere else in the World do pilots leave the cockpit to join in the celebrations, Mr Spokesperson!

1 pilot left the cockpit, not both. So what? You know better than most people pilots go back to eat/chat/use the restroom etc.
Coming out and filming the dance was very silly no doubt, and a slap on the wrist from the company maybe ..... but suspended licenses and the DGCA getting involved Rolling Eyes

ssbmat wrote:
My small issue is that in a society like India, such small acts can become needlessly ugly. What if someone groped or misbehaved with the crew ?

We don't have to break into a song and dance, but so what if they did? Our society is not mature enough to have people dancing.... so we dont?
Groping, misbehaving? huh?

The DGCA once again make themselves the laughing stock of regulators with their shenanigans.
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basheer1211
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PostPosted: Fri Mar 28, 2014 5:56 pm    Post subject: Reply with quote

SpiceJet Ltd, the Indian budget carrier headed for its third straight annual loss, said it sees little chance of luring investment soon amid elevated debt and intensifying competition.
“Although the airline’s owners have injected more than Rs.500 crore in equity in recent quarters, that has not been adequate to reduce the carrier’s dependence on debt,” S.L. Narayanan, the chief financial officer of SpiceJet’s parent Sun Group, said in an email interview.
“While the market in India certainly looks attractive, the weak operating environment is unlikely to excite any strategic investor in a hurry,” Narayanan said. “Our focus has now shifted to making the most of what we have and ride out the storm.”
The carrier, majority owned by billionaire Kalanithi Maran, has fallen behind on dues to airports, restructured aircraft deliveries and faces increased competition from the entry of AirAsia India Ltd. Kingfisher Airlines Ltd, owned by liquor baron Vijay Mallya, ceased operations more than a year ago after amassing debt and defaulting on payments to airports, lenders and oil companies.
To revive itself, SpiceJet has stopped flying to some unviable destinations and improved service quality and punctuality, Narayanan said. All overdue fees owed to the Airports Authority of India for costs such as landing and parking charges will be settled sooner than later, he said.

‘Highly leveraged’

SpiceJet’s long-term debt to capital ratio is 91%, exceeded in Asia only by state-run Pakistan International Airlines Corp., according to data compiled by Bloomberg.
Narayanan said the highly leveraged capital structure is simply the outcome of losses and has wiped out the net worth of SpiceJet.
SpiceJet, based in Gurgaon, near New Delhi, is India’s fourth-largest domestic airline by market share. Privately-owned IndiGo, also a budget carrier, is the largest. Jet Airways (India) Ltd is the second-largest.
Shares of SpiceJet have slid 50% in the past year, compared with an 18% gain in the BSE Sensex. They fell 2.1% on Wednesday to Rs.13.32.
“SpiceJet is treading on really thin ice,” said Mark D. Martin, chief executive officer of Dubai-based Martin Consulting Llc, which advises airlines on strategy. “There is a similar trend to what happened with Kingfisher Airlines.”

‘Several adversities’

Maran’s 75% stake in Sun TV Network Ltd combined with his 24.2% ownership of SpiceJet are valued at about $2 billion, according to data compiled by Bloomberg. Maran’s KAL Airways Ltd holds another 29.2% SpiceJet.
Maran’s office said he wasn’t available for an interview.
SpiceJet may post a loss of almost Rs.900 crore in the fiscal year ending 31 March, according to the average of four analysts’ estimates compiled by Bloomberg.
SpiceJet is estimated to require close to $200 million to remain operationally viable while a realistic and meaningful turnaround may require $300 million or more, according to a report in January by Sydney-based consultancy CAPA Center for Aviation. In the meantime, the promoter’s continued infusion of funds has been of great support to the airline.
Narayanan said he can’t comment on CAPA’s views. A search for a strategic investor is a work in progress, he said.
“India’s entire airline sector is in the grip of several adversities,” Narayanan said, citing overcapacity, lack of pricing power and more competition on the way. “The fiscal year that ends 31 March will go down as the worst year for the Indian aviation industry,” he said.

AirAsia, Singapore Air

Local carriers may have lost as much as $250 million in the final quarter of calendar 2013, according to Capa. Provincial taxes of as high as 30% in India make jet fuel the most expensive in the region.
AirAsia Bhd, Asia’s biggest budget carrier, and Singapore Airlines Ltd each have tied up with India’s Tata Group to operate new carriers in the country. Both are awaiting regulatory approval to start services.
Jet Airways shares have declined 58% in the past year, more than SpiceJet. Jet hasn’t posted an annual profit in five years, according to data compiled by Bloomberg.
Still, Jet does have a foreign stakeholder. Abu Dhabi-based Etihad Airways PJSC bought a 24% stake in the carrier last year for Rs.2,060 crore as it seeks to build the sheikhdom into an intercontinental transfer hub.

Overdue payments

SpiceJet had arrears of Rs.103 crore to the Airports Authority of India, AAI Chairman Alok Sinha said in an 18 March 18 interview. The company is paying Rs.1 crore every day through post-dated checks so that the outstanding amount comes below the company’s bank guarantee of about Rs.56 crore, Sinha said.
“SpiceJet is confident of settling all overdue amounts to the AAI,” Narayanan said.
“SpiceJet is in a serious cash crunch, and there is an urgent need to inject money,” said Harsh Vardhan, chairman of New Delhi-based Starair Consulting.
The company on 12 March ordered 42 Boeing 737 Max planes valued at about $4.4 billion. As part of the deal, it swapped a previous order for 12 Boeing 737 NG for newer 737 Max planes. Max deliveries will start in 2018. Most payments for the latest order will happen closer to the delivery date, Narayanan said at the time.
“We are indeed going through a tough situation, though our outlook is promising to be a lot better,” Narayanan said. “We are hopeful that SpiceJet will soon start making decent margins and turn viable.”
Asked whether he is concerned SpiceJet risks becoming the next Kingfisher in the absence of a strategic investor, Narayanan replied: “Only time will tell who is right.” Bloomberg

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basheer1211
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PostPosted: Tue Apr 01, 2014 12:37 am    Post subject: Reply with quote

Yet another offer by SG

[/img]
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TKMCE
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PostPosted: Tue Apr 01, 2014 9:39 am    Post subject: Reply with quote

This is ridiculous. 801 Rs Total fare for Chennai Delhi, 864 for Mumbai Delhi, 952 for Bangalore Delhi and readily avaiable in July or even October. COK BOM is avaiiable for a ridculous 279 Rs TOTAL (Yes you heard right).


Beginning of the end ???
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The_Goat
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PostPosted: Tue Apr 01, 2014 10:01 am    Post subject: Reply with quote

basheer1211 wrote:

The carrier, majority owned by billionaire Kalanithi Maran, has fallen behind on dues to airports, restructured aircraft deliveries and faces increased competition from the entry of AirAsia India Ltd.


Hello????

Air Asia India is not even operational.

What are these people made of? Complaining about non-existent competitors has to be the limit!

Why do these tossers even get into the airline business?
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basheer1211
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PostPosted: Tue Apr 01, 2014 4:39 pm    Post subject: Reply with quote

I dont know what is going on..........................

MAA-IXM one way costs Rs 335 (all inclusive) in July/August. OMG Shocked Shocked
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PostPosted: Tue Apr 01, 2014 4:50 pm    Post subject: Reply with quote

basheer1211 wrote:
I dont know what is going on..........................

MAA-IXM one way costs Rs 335 (all inclusive) in July/August. OMG Shocked Shocked

Is this their swan song before they go down the path of Kingfisher. Shocked
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basheer1211
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PostPosted: Tue Apr 01, 2014 5:03 pm    Post subject: Reply with quote

TKMCE wrote:
This is ridiculous. 801 Rs Total fare for Chennai Delhi, 864 for Mumbai Delhi, 952 for Bangalore Delhi and readily avaiable in July or even October. COK BOM is avaiiable for a ridculous 279 Rs TOTAL (Yes you heard right).


Beginning of the end ???


Began already. I have little hope on those who booked will fly. Laughing Laughing
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PostPosted: Tue Apr 01, 2014 5:04 pm    Post subject: Reply with quote

It may be time to say, Au Revoir Spicejet!
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PostPosted: Tue Apr 01, 2014 5:34 pm    Post subject: Reply with quote

I just visited their website and this is what I got.

SORRY!
Our online booking site is currently experiencing heavy traffic. Please try again later.

You will be automatically redirected to the SpiceJet website in 20 seconds. Or click this link to go there now: http://www.spicejet.com
© SpiceJet


https://book.spicejet.com/sorry/

Looks like the word is spreading and cheap fare hunters have crashed the website. Hehe!
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PostPosted: Tue Apr 01, 2014 6:52 pm    Post subject: Reply with quote

The_Goat wrote:
I just visited their website and this is what I got.

SORRY!
Our online booking site is currently experiencing heavy traffic. Please try again later.

You will be automatically redirected to the SpiceJet website in 20 seconds. Or click this link to go there now: http://www.spicejet.com
© SpiceJet


https://book.spicejet.com/sorry/

Looks like the word is spreading and cheap fare hunters have crashed the website. Hehe!


Is it another April Fool's joke?
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PostPosted: Tue Apr 01, 2014 7:01 pm    Post subject: Reply with quote

abhijith16 wrote:
The_Goat wrote:
I just visited their website and this is what I got.

SORRY!
Our online booking site is currently experiencing heavy traffic. Please try again later.

You will be automatically redirected to the SpiceJet website in 20 seconds. Or click this link to go there now: http://www.spicejet.com
© SpiceJet


https://book.spicejet.com/sorry/

Looks like the word is spreading and cheap fare hunters have crashed the website. Hehe!


Is it another April Fool's joke?


Just booked 2 IXG-BLR tickets for Rs. 234 each.
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The_Goat
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PostPosted: Tue Apr 01, 2014 7:49 pm    Post subject: Reply with quote

abhijith16 wrote:
The_Goat wrote:
I just visited their website and this is what I got.

SORRY!
Our online booking site is currently experiencing heavy traffic. Please try again later.

You will be automatically redirected to the SpiceJet website in 20 seconds. Or click this link to go there now: http://www.spicejet.com
© SpiceJet


https://book.spicejet.com/sorry/

Looks like the word is spreading and cheap fare hunters have crashed the website. Hehe!


Is it another April Fool's joke?


Nope, I'm serious. Still not working for me.
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PostPosted: Wed Apr 02, 2014 1:23 pm    Post subject: Reply with quote

http://news.oneindia.in/india/dgca-asks-spicejet-immediately-stop-re-1-ticket-offer-1422949.html

DGCA asks SpiceJet to immediately stop Re 1 ticket offer

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PostPosted: Thu Apr 03, 2014 12:17 am    Post subject: Reply with quote

747-237 wrote:
http://news.oneindia.in/india/dgca-asks-spicejet-immediately-stop-re-1-ticket-offer-1422949.html

DGCA asks SpiceJet to immediately stop Re 1 ticket offer


Idiots - they should stay in their place and not worry about Rs. 1 fares or Rs. 20K fares. Or worry about both and then control input costs as well.
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PostPosted: Fri Apr 11, 2014 6:59 pm    Post subject: Reply with quote

As mentioned the other day, please find the link to my blog

The Q story

Comments & Questions welcome. Critical feedback most welcome
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PostPosted: Sat Apr 12, 2014 9:51 am    Post subject: Reply with quote

Spice Jet introduces separate website for holiday packs.

www.myspicetrip.com
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PostPosted: Sun Apr 13, 2014 11:49 am    Post subject: Reply with quote

From Business Standard
http://www.business-standard.com/article/companies/spicejet-revenue-management-gm-quits-two-days-after-discount-sale-114040300752_1.html
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PostPosted: Sun Apr 13, 2014 12:57 pm    Post subject: Reply with quote

So what's the story here - it was his idea, and SG saw the numbers and fired him? Or SG mgmt decided to go ahead with the discounts despite his objections, so he quit?
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PostPosted: Mon Apr 14, 2014 8:44 am    Post subject: Reply with quote

It need be neither and he wou;d have just decided to move on The BS article I dont think suggests either of the two scenarios Nimish has mentioned.
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PostPosted: Mon Apr 14, 2014 11:07 am    Post subject: Reply with quote

TKMCE wrote:
It need be neither and he wou;d have just decided to move on The BS article I dont think suggests either of the two scenarios Nimish has mentioned.


Yes - a 3rd possibility might be an unrelated resignation - however the timing does raise suspicion. Good luck to him and SG!
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PostPosted: Tue Apr 15, 2014 10:04 pm    Post subject: Reply with quote

SpiceJet merges fuel surcharge and base fare, IndiGo follows

Quote:
NEW DELHI: In a bid to simplify ticket pricing, low-cost carrier SpiceJet has merged the basic fare and fuel component surcharge to have one consolidated base fare. TOI had reported this move on April 2. The airline has done away with the concept of a separate fuel surcharge in a bid to make pricing and fare displays simpler.

India's largest airline by domestic carriage, IndiGo, also followed suit. It also now has a consolidated "airfare charges" which includes base fare and fuel surcharge. Other charges like airport fees and taxes (which airlines collect on behalf of airport developers and the state) are shown separately.

All other airlines are likely to follow suit as passengers have long been asking for a consolidated figure to be shown as the airfare instead of breaking it up into different elements and making it look like a complex algebra equation.

"Going forward, the fare displayed will be what you see is what you pay, only taxes and fees payable to the government and third parties extra, just like consumers experience when shopping for other goods and products," the airline said in a statement. The airline had told the Directorate General of Civil Aviation (DGCA) about this move earlier.

"We have been considering this proposal of offering consolidated price to customers for some time now. The standard way of displaying fares practiced by airlines in India is often confusing to customers, and we hope with our simplification initiative, customers will be better informed and more willing to purchase tickets without fearing the final price will be very different from the so-called and often meaningless 'base fare'," said SpiceJet CCO Kaneswaran Avili.


http://timesofindia.indiatimes.com/business/india-business/SpiceJet-merges-fuel-surcharge-and-base-fare-IndiGo-follows/articleshow/33786647.cms
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rutvij
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Joined: 22 Feb 2007
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Location: Skies of Fire!

PostPosted: Fri Apr 18, 2014 1:09 am    Post subject: Reply with quote

shivendrashukla wrote:
[b]so-called and often meaningless 'base fare'," said SpiceJet CCO Kaneswaran Avili.


My joy knew no bounds after hearing about this!

But definitely, common sense was lacking for a good 5-6 years. Same with IndiGo !
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Nimish
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Joined: 16 Dec 2006
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Location: Bangalore, India

PostPosted: Sat Apr 19, 2014 10:10 am    Post subject: Reply with quote

rutvij wrote:
shivendrashukla wrote:
[b]so-called and often meaningless 'base fare'," said SpiceJet CCO Kaneswaran Avili.


My joy knew no bounds after hearing about this!

But definitely, common sense was lacking for a good 5-6 years. Same with IndiGo !

I think my HDFC credit card gets a 10% discount on the Indigo's website - does that mean I now get a higher discount? Hmmm - should check that out Smile
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747-237
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Location: Gordon Gekko's Boardroom

PostPosted: Mon Apr 21, 2014 9:08 pm    Post subject: Reply with quote

SpiceJet have withdrawn a 737-800 (VT-SPM "Pepper") from the fleet today.
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