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ameya · Posted: Tue Jul 21, 2015 1:06 pm Post subject:

qatar / fly dubai / air arabia

just speculating
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747-237 · Posted: Fri Jul 24, 2015 5:04 pm Post subject:

http://www.ibtimes.co.in/qatar-airways-may-buy-stake-spicejet-report-640361

Qatar Airways May Buy Stake in SpiceJet: Report
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747-237 · Posted: Fri Jul 24, 2015 11:32 pm Post subject:

http://zeenews.india.com/business/news/companies/spicejet-says-in-early-talks-with-investors-denies-tie-up-with-airlines_132161.html

SpiceJet says in early talks with investors, denies tie-up with airlines

July 24, 2015

SpiceJet Friday said a few potential investors are currently in "exploratory and preliminary" discussion with it, evincing interest to invest in the no-frills carrier while denying reports of entering into any commercial tie-up with any airline.

"A few parties have approached us and evinced interest in making investments into SpiceJet Limited. The deliberations with the potential investors, however, are only at an exploratory and preliminary stage," SpiceJet said in a regulatory filing.

However, since the deliberations with such prospective investors are at an exploratory and preliminary stage it will be improper to comment on the specifics of any possible stake sale or the valuation of the Company at this stage, it said.

The statement came in the wake of media reports stating that SpiceJet was in early stage of talks with Qatar Airways for a commercial tie-up including a possible stake sale to the Gulf-based airline.

The reports also stated that negotiations will initially involve SpiceJet signing an interline agreement with the Gulf-based carrier. Interestingly, Akbar Al Baker, group chief executive officer of Qatar Airways had on several occasions shown interest in picking up stakes in the largest domestic share by market share, IndiGo.

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747-237 · Posted: Mon Jul 27, 2015 4:33 pm Post subject:

http://timesofindia.indiatimes.com/business/india-business/Flydubai-in-talks-for-SpiceJet-stake/articleshow/48230333.cms

Flydubai in talks for SpiceJet stake

Jul 27, 2015

Dubai government-owned low-cost carrier (LCC) flydubai has re-entered the fray to pick up a stake in budget airline SpiceJet. The Gulf LCC's move comes at a time when its neighbour Qatar Airways is in initial talks with SpiceJet owner Ajay Singh for a possible investment.

Singh had told TOI in April, about two months after he had re-acquired SpiceJet from the Sun Group, that foreign airlines had approached him for investment. "Dubai-based flydubai was in talks with SpiceJet soon after Ajay Singh took control of the airline in February. However given the precarious state in which the previous owners had left SpiceJet, those talks did not materialize as SpiceJet was not offered a good deal then," said a source.

Now, with SpiceJet scripting a dramatic recovery under Singh and Qatar Airways pursuing him vigorously, flydubai has re-started talks with the Indian LCC. Singh will opt for the airline that offers a better deal in terms of pricing and future growth prospects of SpiceJet, which he launched in 2005.

SpiceJet spokesman Ajay Jasra did not comment as he said the airline was in the silent phase with Q1 results going to be announced this week.

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747-237 · Posted: Mon Jul 27, 2015 4:36 pm Post subject:

http://www.arabianbusiness.com/flydubai-denies-talks-with-india-s-spicejet-on-stake-deal-600649.html#.VbYQdEnD-M8

flydubai denies talks with India's SpiceJet on stake deal

27 July 2015

Low-cost airline flydubai has denied media reports linking it with a move to buy a stake in Indian carrier SpiceJet.

The Dubai-based airline said it is not in talks with SpiceJet, responding to reports in Indian media earlier on Monday.

The Times of India claimed flydubai had re-entered the fray to pick up a stake in SpiceJet, just days after it was reported that Qatar Airways is in initial talks with SpiceJet owner Ajay Singh for a possible investment.

The newspaper reported that flydubai has re-started talks with the Indian budget carrier, citing industry sources as saying that Dubai is keen to gain a foothold in SpiceJet to get further access to India.

A flydubai spokesman told Arabian Business that flydubai was not in talks with SpiceJet.
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747-237 · Posted: Tue Jul 28, 2015 5:32 pm Post subject:

http://www.qatarairways.com/global/en/press-release.page?pr_id=pressrelease_270715_spicejet

QATAR AIRWAYS DENIES INTEREST IN STAKE IN SPICEJET

28 July 2015

Qatar Airways issues this statement from its hub and headquarters in Doha, Qatar, in response to the recent comments related to SpiceJet, pertaining to a possible stake sale.

This release is to confirm that Qatar Airways is not in talks to pursue a commercial stake in SpiceJet. There is no interest from the airline to engage in a partnership with the Gurgaon-based airline.

Qatar Airways officially states that it is an inaccurate claim from news reports that, ‘’Qatar Airways is picking up a stake in SpiceJet’’.

Claims are also being made in news reports that a consensus has been reached regarding an interline agreement, and that negotiations are set to continue in the near future.

Qatar Airways presently does not have any form of interline agreement with SpiceJet, which is the simplest form of relations between any two airlines, and Qatar Airways is not planning to pursue any form of arrangement in the future.

This is not the first time that such claims have been made. Similar news was disseminated in January 2013, and this appears to be a tactic to increase market and share value.

These stake sale comments are unfounded and are believed to be deliberately spread to influence share valuations.

The Doha-based airline has no further remarks on the matter.

Qatar Airways confirms that the only airline it is talking to is the Indian carrier Indigo.

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ameya · Posted: Wed Jul 29, 2015 10:44 am Post subject:

Hyperlinks not working here. Entire article on the link below.

Spicejet reports highest ever Q1 profits in its history

Indian low cost carrier (LCC) Spicejet declared an operating profit of INR 70.69 Cr and a net profit of INR 71.84 Cr for Q1 FY2016. The airline filed its results with the Bombay Stock Exchange this afternoon. The airline had recorded a net loss of INR 124.1 Cr for the same quarter last year.

The profits are on the back of splendid loads across the three months, with May and June recording Load factors of 90%+. The airline recorded a load factor of 89.8% for the quarter as per its press release, which is an increase of 14.8% over the same period last year.

These great numbers have come on the back of lower fuel prices, with Fuel Expenditure reduced by over 50% over the same quarter last year.

The airline has accounted the lease rentals of 4 leased aircraft it took during the quarter. This involved three B737-800 and one A319. The A319 had joined the fleet after the three B737-800 left and the maximum leased capacity was not more than three aircraft at any point of time. The airline also saw one B737-900 join back the fleet during this quarter. Lease rentals were down 41% over the same quarter last year.

The profit could have been higher had the aircraft been inducted on dry lease since the ACMI (Aircraft, Crew, Maintenance, Insurance) model is expensive as compared to dry lease. However, the induction of three damp leased or wet leased aircraft gave the necessary push on the revenue front which not only helped gained market share but also helped increase revenue.
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747-237 · Posted: Wed Jul 29, 2015 4:30 pm Post subject:

http://www.hindustantimes.com/business-news/spicejet-in-talks-with-boeing-airbus-for-11bn-jet-deal/article1-1374289.aspx

SpiceJet in talks with Boeing, Airbus for $11bn jet deal

Jul 29, 2015

SpiceJet Ltd is in talks with Boeing Co and Airbus Group to acquire about 100 new narrow-body jets worth about $11bn at list prices.

SpiceJet wants to buy more Airbus A320neo and Boeing 737 Max aircraft as it looks to rebuild its business after almost collapsing last year, chief financial officer of SpiceJet, Kiran Koteshwar told Reuters.

Spicejet plans to place its biggest order ever by the end of this financial year to raise fresh equity or debt to pay for the planes once the volume of the deal is finalised. "We have to place an order so we have a long-term business plan in place. The focus is now on sizeable growth," Koteshwar said.

Koteshwar said any new order would largely be on a sale and leaseback model, and that a big order would help it to keep future costs lower. "SpiceJet has always been constrained by the lack of long-term orders. This will give us economies of scale and for our vendors and suppliers to see that we are growing," he said.
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sri_bom · Member Joined: 22 Dec 2006 Posts: 2365 Location: Singapore

sumantra · Member Joined: 28 Oct 2007 Posts: 4685 Location: New Delhi

ameya · Posted: Thu Jul 30, 2015 9:35 am Post subject:

ameya · Posted: Thu Jul 30, 2015 9:42 am Post subject:

sumantra · Member Joined: 28 Oct 2007 Posts: 4685 Location: New Delhi

747-237 · Posted: Thu Jul 30, 2015 7:52 pm Post subject:

http://www.dnaindia.com/money/report-spicejet-wants-more-women-pilots-onboard-2109559

SpiceJet wants more women pilots onboard

30 July 2015

SpiceJet, which is seeing a turnaround, plans to induct more women pilots and also provide greater flexibility at work for the staff.

"It brings a lot of respect for the person in the cockpit.

It is an extremely remunerative position to be in. We consciously try to ensure that more and more women get into the cockpit," SpiceJet Chairman Ajay Singh today said.

Out of the 470 pilots in the airline, nearly 50 are women commanders and first officers. SpiceJet has a staff strength of about 5,000.

Singh's wife Shiwani Singh is a director on the airline's board. She was inducted to comply with Sebi norms that mandate listed companies to have at least one woman director.

Noting that the number of women in the top management levels are increasing, Ajay Singh said women also tend to have more integrity.

"Sometimes in operations such as ours, integrity is a big issue. We found that, it is probably not right to generalise but, in our experience women tend to have more integrity...," he noted.

According to him, SpiceJet trying to bring in more flexible work culture as it makes economic sense.

"We provide flexibility to staff...We are trying to bring in more flexibility. It makes economic sense because it brings about lowering of costs and the ability to utilise people a lot better," he said.

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747-237 · Posted: Sun Aug 09, 2015 1:45 pm Post subject:

Spicejet has added a 737-900ER to the fleet today, as VT-SLD.
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747-237 · Posted: Mon Aug 10, 2015 8:13 am Post subject:

747-237 · Posted: Wed Aug 12, 2015 10:42 am Post subject:

http://rtn.asia/d-r/14230/spicejet-adds-3-new-flights-and-137-new-connections

SpiceJet adds 3 new flights and 137 new connections

2015-08-12

SpiceJet today announced the addition of three new flights and 137 new connections to its current network.

All of these new flights and connections are between cities currently served by the airline, and give passengers even more options to get from one place to another on the network on a single airline with a single ticket through a convenient connection, the company said.

Connections help flyers travel using connecting flights without having to purchase two tickets.

The new flights being added effective August 29 are Delhi – Guwahati – Agartala vv (daily), Bengaluru – Kolkata – Guwahati vv (daily), and a third frequency of Bengaluru – Kolkata vv on Saturdays only.

New connections that are open for sale with immediate effect include Amritsar to Chennai, Delhi to Bangkok, Bengaluru, Delhi, Mumbai, Hyderabad, and Chennai to Male (Maldives) and Chandigarh to Goa.

New connections also include Hyderabad to Dubai, Madurai to Muscat, Mangalore to Jabalpur and so on.

“With the opening of these new flights and connections, we are giving passengers in India many more domestic and international travel options than ever before on a single ticket and single airline,” said Sanjiv Kapoor, Chief Operating Officer, SpiceJet Ltd.

“Single airline, same ticket connections are the best way to travel if there is no convenient direct option, as it removes the risk passengers often face when building their own connections across multiple airlines with separate tickets if they miss their connection. If you are on a single ticket connection with us, we will take care of your needs seamlessly from the start to the end of the journey” he added.

“In addition all domestic passengers across our network, as well as international passengers connecting from domestic to international through Chennai, Kolkata, Kochi (Cochin), and Madurai, will have their baggage tagged and checked-in to the final destination, making the journey even more hassle free”, he concluded.

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747-237 · Posted: Wed Aug 12, 2015 2:43 pm Post subject:

747-237 · Posted: Sat Aug 15, 2015 6:12 am Post subject:

http://www.domain-b.com/aero/aero_general/20150814_custom.html

Boeing will do 'whatever it takes' to retain SpiceJet custom

August 2015

American aircraft maker Boeing said today it will do ''whatever it takes'' to ensure that Indian carrier SpiceJet places its next big order with it. ''We will do everything it takes to keep them. We will see how it plays out ...,'' Pratyush Kumar, president, Boeing India, said. ''It's the prerogative of the customer what they do … but he (SpiceJet promoter AjaySingh) should know how loyal we have been to him,'' added Dinesh Keskar, senior vice-president, Boeing.
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747-237 · Posted: Mon Sep 14, 2015 3:18 pm Post subject:

http://www.businessworld.in/economy-aviation/spicejet-becomes-first-airline-make-night-landing-port-blair#sthash.jEAIx6hu.dpbs

SpiceJet Becomes First Airline To Make Night Landing At Port Blair

Sep 14 2015

SpiceJet has become the first carrier to carry out a night landing at Port Blair's Veer Savarkar International Airport.

The airport recently installed modern night-landing facilities in a major boost for travel to the remote Andaman islands.

"This is another landmark achievement to realise the vision of our PM Narendra Modi to increase connectivity to the remotest parts of India”, said Lt Gen A.K. Singh, Lieutenant Governor of Andaman and Nicobar Islands.

He said other airlines should also add regular night flights to Port Blair and provide more domestic and international connections.

The SpiceJet flight SG-251 from Kolkata landed on Friday (11 September) on the upgraded runway, which now uses the lighting and navigation systems required for operating commercial flights at night.

The residents of Andaman and Nicobar islands and tourists had demanded such facilities for a long time.

"We are extremely happy at being provided with the opportunity of conducting this historical flight, and would like to extend my hearty congratulations to Capt. Gurcharan Arora and Capt. Ranbir Singh and their crew," said Sanjiv Kapoor, chief operating officer of SpiceJet.

“Port Blair is an important destination within our network with its strategic importance, history, and fascinating things to explore. Residents of the islands will benefit significantly from increased connectivity," he added.

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747-237 · Posted: Fri Sep 25, 2015 9:41 pm Post subject:

http://wap.business-standard.com/article/companies/spicejet-plans-domestic-freighter-service-115092500660_1.html

SpiceJet plans domestic freighter service

Sep 25, 2015

SpiceJet is exploring dedicated cargo operations to tap the growing e-commerce business in India.

The airline operates 36 planes which includes a mix of Boeing 737s , Bombardier Q-400s and Airbus A319 passenger aircraft and like other domestic airlines it carries cargo in the belly space of these aircraft.

SpiceJet, however, is yet to finalise the aircraft for a freighter service and its planning is in a preliminary stage.

"A lot of ideas are being considered but there is nothing more to say at this point," SpiceJet's chief operating officer Sanjiv Kapoor said in a response to a query.

Sources said SpiceJet's cargo uplift and yields have improved as a result of growth in the domestic e-commerce business.

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abhijith16 · Posted: Sun Oct 04, 2015 6:20 am Post subject:

Spicejet announces daily Amritsar/Kozhikode-Dubai services effective 15th November

SG53 ATQ1130 - 1355DXB 73H D

SG54 DXB0500 - 0935ATQ 73H D

SG55 CCJ0105 - 0355DXB 73H D

SG56 DXB1610 - 2115CCJ 73H D
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747-237 · Posted: Fri Oct 09, 2015 4:15 pm Post subject:

http://www.dnaindia.com/money/report-spicejet-announces-addition-of-six-aircrafts-in-a-month-to-meet-winter-demand-2133091

SpiceJet announces addition of six aircraft in a month to meet winter demand

9 October 2015

SpiceJet has announced major expansion plan by adding six new aircraft to its fleet over next month, according to media report.

With six new fleet, the low-cost carrier SpiceJet will be able to operate 291 daily flights up from current 250 flights, which will help to meet the winter demand and growth plans.

The airline company has added 10 new sectors, 30 new frequencies and 22 connecting flights, covering majorly the tier II and tier III cities The added sectors, which will be effective from October 25, includes Ahmedabad-Goa, Mumbai-Varanasi, and Varanasi-Hyderabad. The flights for Khozhikode-Dubai and Amritsar-Dubai routes will commence operations from November 15.

As per the report, with this expansion the company will be growing the capacity by 16% and adding depth to existing operations to cater the winter demand.

The company has termed the expansion plan in 30 days as 'a first of its kind initiative in the history of Indian aviation'.

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747-237 · Posted: Fri Oct 09, 2015 10:10 pm Post subject:

SpiceJet have added two 737-800s on short term lease from Travel Service, under their Czech registrations OK-TSF and OK-TVX.

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747-237 · Posted: Mon Oct 12, 2015 9:44 pm Post subject:

http://www.wsj.com/articles/indias-spicejet-could-order-up-to-250-aircraft-by-end-of-march-1444656358

SpiceJet Could Order Up to 250 Aircraft by End of March

Oct. 12, 2015

Indian low-cost carrier SpiceJet Ltd. is making money again and plans to order new aircraft worth billions of dollars in the next five months, said its chairman.

As the once-struggling airline gets set for a new round of expansion, it could order more than 200 aircraft by the end of March.

It is in advance stages of discussions with Boeing Co. and Airbus Group SE for passenger jets and separately with Avions de Transport Regional, Bombardier Inc. and Embraer SA to buy turboprop planes, Ajay Singh, SpiceJet’s chairman and managing director, told The Wall Street Journal.

“We do intend to place substantial orders for aircraft, both the large aircraft and the small regional aircraft, and we hope that both can be done in this financial year,” Mr. Singh said.

He said SpiceJet will order between 100 and 150 Boeing 737 or Airbus 320 aircraft. SpiceJet also plans to boost its fleet of turboprop planes for shorter flights, he said.

Another person at SpiceJet, who asked not to be named, said the order for turboprop planes would be around 100 aircraft.

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747-237 · Posted: Fri Oct 16, 2015 7:31 am Post subject:

http://www.dnaindia.com/india/report-spicejet-announces-launch-of-red-eye-flight-services-2135290

SpiceJet announces launch of red-eye flight services

15 October 2015

SpiceJet on Thursday announced the launch of red-eye flight services on its network, which the budget carrier would operate on the Delhi-Bangalore and Delhi- Nanded routes from November 2, making it only the third domestic carrier to offer such flights.

The Gurgaon-based budget carrier also said it plans to add as many as six more similar services on the domestic network as part of its winter schedule. Only Jet Airways and IndiGo so far offered red-eye flight services in the country. The airline has offered a starting fare of Rs 3,899 for the Delhi-Bangalore flight.

On the Delhi-Bangalore sector, flight SG-149 will take off at 1.00 AM from Delhi and land at 3.40 AM and would operate four times per week, it said, adding that SpiceJet currently operates three flights on this route. Similarly, flight SG-671 on the Delhi-Nanded sector will take off at 11.30 PM from Delhi and land in Nanded at 1.25 AM. This service would be operated twice a week, it added.

"We are in a process of adding close to half-a-dozen red- eye flights in the coming winter schedule as they serve our objective of boosting connectivity 24x7," SpiceJet general manager for corporate affairs, Ajay Jasra, said in the release.
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747-237 · Posted: Fri Oct 16, 2015 9:37 pm Post subject:

http://www.firstpost.com/business/spicejet-to-order-smaller-aircraft-to-boost-regional-connectivity-2471750.html

SpiceJet to order smaller aircraft to boost regional connectivity

Oct 16, 2015

SpiceJet is looking to place a fresh order for "substantial" number of aircraft, including smaller aircraft, within this fiscal. The airline has already expanded its fleet in October by leasing six aircraft which raises its capacity in the winter schedule by 16 percent. And deliveries of the 55 Boeing 737 Max aircraft which were ordered earlier are slated to start only by end of next year.

Speaking to reporters, SpiceJet's chairman Ajay Singh said, "The new government policy provides significant incentives for regional air travel. We expect that will happen and there will be big growth. We think that the growth is coming for tier II and tier III towns. We want to expand on our base of being the largest operator of regional jets in India."

Not just single aisle planes, SpiceJet could also expand its fleet of 15 Q400 Bombardier aircraft by ordering more Bombardiers or going in for another small aircraft type. Singh said eventually, the 737 deliveries will be subsumed into the fresh order.

While declining to get into the numbers of aircraft that the airline planned to order, he did say that the small aircraft that SpiceJet is looking to acquire will seat a maximum of 80 passengers.

"We are negotiating with the manufacturers and we hope that the order can be placed in this financial year. It will be for a significant number of aircraft although we still have to decide the numbers. It will also depend on the deal we get from the manufacturers," he said.

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747-237 · Posted: Fri Oct 23, 2015 12:20 pm Post subject:

SpiceJet has added yet another leased A320 (LZ-BHH, from Balkan Holidays; originally delivered to IndiGo as VT-INB) to the fleet.

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747-237 · Posted: Thu Oct 29, 2015 2:44 pm Post subject:

http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/sanjiv-kapoor-steps-down-as-spicejets-coo-expected-to-join-another-airline/articleshow/49580471.cms

Sanjiv Kapoor steps down as SpiceJet's COO; expected to join another airline

29 Oct, 2015

Sanjiv Kapoor has stepped down as chief operating officer of SpiceJet, bringing to an end a seesaw two-year tenure marked by the low-cost airline's string of financial losses, near closure, changed ownership and eventual return to profitability.

Friday will be the last working day at SpiceJet for Kapoor, who was previously CEO of GMG Airlines of Bangladesh and leader of airline practice at global consultancy Bain, confirmed two executives of the airline.

Kapoor, 48, is expected to join another airline. Kapoor, whose contract runs until November 2016, joined SpiceJet on November 1, 2013.

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abhijith16 · Posted: Wed Nov 04, 2015 11:26 am Post subject:

Spicejet announces Chennai - Bangkok effective 10DEC15

SG94 MAA2210 - 0305BKK 73H x2

SG95 BKK0355 - 0555MAA 73H x3
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Nimish · Posted: Wed Nov 04, 2015 12:26 pm Post subject:

ameya · Posted: Wed Nov 04, 2015 3:55 pm Post subject:

iah87 · Member Joined: 17 Apr 2007 Posts: 2566

http://profit.ndtv.com/news/corporates/article-spicejet-swings-to-small-profit-in-second-quarter-1242732

Slowly Spice is recovering to profitability.

747-237 · Posted: Mon Nov 16, 2015 7:54 am Post subject:

http://www.ch-aviation.com/portal/news/41834-spicejet-adds-maiden-b737-700-to-fleet

Spicejet adds maiden B737-700 to fleet

SpiceJet has taken delivery of its maiden B737-700 Skyliner Aviation has reported. Formerly TC-SBB with Turkey's Sun Express, VT-SLB (msn 34760) was ferried from Istanbul Sabiha Gökcen to Delhi Int'l on Friday, November 6.

The Indian LCC currently operates nineteen B737-800s, four B737-900(ER)s, and fourteen Dash 8-400s. It recently also wet-leased an A319-100 and an A320-200 from Bulgaria's BH Air - Balkan Holidays Air.
------------
* Also added a second, as VT-SLA, yesterday.
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megatop747

One of the two nose wheels of the Colombo-Madurai Spicejet flight came off the aircraft with 70 passengers while taxiing at Madurai Airport on Tuesday afternoon.

However, the pilot managed to bring the aircraft to the apron with the single nose wheel, airport sources said.

All the 70 passengers and five crew members were safe, sources said.

Sources added that one of the nose wheels got cut off after the aircraft landed at around 3.20 p.m. The aircraft was grounded and its onward journey to Hyderabad had to be cancelled.

Airline sources said that efforts were on to make alternative arrangement for the passengers.

http://www.thehindu.com/news/cities/Madurai/nose-wheel-comes-off-aircraft-in-madurai/article7889929.ece

747-237 · Posted: Mon Nov 23, 2015 8:40 am Post subject:

http://www.indiainfoline.com/article/news-top-story/spicejet-registers-highest-occupancy-of-92-1-in-october-115112300001_1.html

SpiceJet registers highest occupancy of 92.1% in October

November 23, 2015

The airline has set a new benchmark in Indian aviation by achieving over 90% load factor for six consecutive months. It also the seventh successive month that SpiceJet has registered highest load factor of all airlines in India.

SpiceJet, the country’s favourite low-cost carrier, today announced that it has yet again achieved the highest passenger load factor (PLF) of 92.1% for the month of October 2015, according to data published by the Director General of Civil Aviation (DGCA). The airline has set a new benchmark in Indian aviation by achieving over 90% load factor for six consecutive months. It also the seventh successive month that SpiceJet has registered highest load factor of all airlines in India.

The airline has also improved it’s On-Time Performance (OTP) which stands at 86.9% for October. At Mumbai airport, considered to be one of the busiest airports in the country, SpiceJet has topped the departure OTP charts with 87.8%.

The flight cancellations for the airline have also declined consistently in the past few months, with the rate of cancellation for October 2015 being just 0.13%, the lowest of all airlines in India.

Rohit Pal, Sr. GM - Flight Operations, SpiceJet, said “Consistent improvement in our On-Time Performance for the past few months is the result of the collaborative effort of all our airport staff and crew members. As an airline we always strive to set new benchmark levels in every aspects of service quality and provide our customers with a memorable experience, every time they fly with us.”
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747-237 · Posted: Sun Nov 29, 2015 5:20 pm Post subject:

http://www.thehansindia.com/posts/index/2015-11-29/SpiceJet-says-to-order-over-150-planes-in-current-financial-year-189772

SpiceJet says to order over 150 planes in current financial year

November 29,2015

Budget airline SpiceJet plans to order more than 150 planes in the current financial year, the airline's chairman said on Sunday.

"We are in the process of placing a large aircraft order. The airline will order in excess of 150 planes - we hope to do that in this financial year," Ajay Singh, SpiceJet’s chairman and managing director, told a news conference in Dubai.

The financial year will end in March.

He said the airline was generating enough money internally but had unused credit lines that could be utilised to pay for the aircraft.

SpiceJet has no intention of diluting equity to pay for the planes, he said.
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747-237 · Posted: Sun Nov 29, 2015 10:01 pm Post subject:

http://www.dnaindia.com/money/report-spicejet-plans-more-flights-from-dubai-to-india-2150172

SpiceJet plans more flights from Dubai to India

29 November 2015

SpiceJet on Sunday said it would operate more number of flights from here to various Indian cities.

Celebrating UAE's 44th National Day, the low cost carrier has announced special one-way ticket offers for its flights from Dubai, starting from base fare of AED 244 (over Rs 4,400).

The airline would enhance its connectivity from Dubai to a host of Indian cities by increasing frequencies on multiple routes, SpiceJet said in a statement.

"Dubai is SpiceJet's key international market. We will continue to increase our presence here. Our customers can expect many more flights and many more exciting offers in the coming months," the carrier's Chairman and Managing Director Ajay Singh said.

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747-237 · Posted: Sun Nov 29, 2015 10:03 pm Post subject:

http://www.businesstimes.com.sg/transport/indias-spicejet-says-it-has-received-interest-from-gulf-airlines

India's SpiceJet says it has received interest from Gulf airlines

Nov 29, 2015

Indian budget carrier SpiceJet Ltd, which has surged more than 280 per cent this year, said it's received interest from Gulf airlines looking to acquire a stake.

"Some of the Gulf airlines have expressed an interest in SpiceJet as we have come back into the market, but this is not the right time to be diluting the equity," Chairman Ajay Singh said in Dubai Sunday, without naming the companies. "There is some dialogue which is ongoing and we continue to explore other types of relationships we could have," he said, adding now isn't the right time to sell a stake as the shares remain undervalued.

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