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747-237 · Posted: Wed Dec 02, 2015 7:48 pm Post subject:

http://www.dnaindia.com/money/report-flydubai-denies-report-on-partnership-with-spicejet-2151106

FlyDubai denies report on partnership with SpiceJet

2 December 2015

FlyDubai has denied reports of partnership with Indian low-cost airline SpiceJet.

The company in a statement clearly mentioned that FlyDubai is not in talks with SpiceJet for any partnership.

Media reports suggested that SpiceJet had plans to acquire about 150 aircraft and was in talks of a possible partnership with Gulf's low cost airline FlyDubai.

Apart from FlyDubai, the domestic carrier has received interest from various other Gulf airlines for collaboration, including for possible strategic investment, reports said.

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747-237 · Posted: Thu Dec 03, 2015 6:46 am Post subject:

http://www.ch-aviation.com/portal/news/42168-indias-spicejet-eyes-dubai-base-with-7th-freedom-rights

SpiceJet eyes Dubai base with 7th freedom rights

SpiceJet is planning to set up its first international base at Dubai World Central airline Chairman and Managing Director, Ajay Singh, has told Gulf News. Though the Indian LCC currently serves Dubai Int'l, Singh said the airfield was not a good longterm prospect given rising congestion there.

“They have a fantastic new airport coming up with a lot capacity and I think they will see, if they allow this to happen, there will be much better utilisation of that capacity,” he said. “We want to build this city (Dubai) into our main international hub going.”

While intergovernmental talks concerning the Dubai base are underway, SpiceJet will seek to increase existing daily services to the Emirati hub from the current eight cities - Ahmedabad, Amritsar, Delhi Int'l, Kochi Int'l, Kozhikode, Madurai, Mumbai Int'l, and Pune - to fifteen.

Once its UAE base is operational, Singh said SpiceJet would then look to start operating 7th Freedom flights to other countries aside from India.
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Nimish · Posted: Thu Dec 03, 2015 12:53 pm Post subject:

^^ I hope that SG has truly thought this through. What advantages would they get by creating a hub in DWC as opposed to an Indian city (say HYD)? I can see cheaper fuel being one, and closer to Africa/ Eastern Europe being another, and potentially a lot of local O&D from the Dubai area as a 3rd, but what unique proposition would SG have to attract the local O&D?
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5Patel · Member Joined: 02 Oct 2014 Posts: 117

http://www.ndtv.com/india-news/spicejet-aircraft-hits-boars-on-jabalpur-runway-passengers-evacuated-1251178?pfrom=home-lateststories

SpiceJet Aircraft Hits Wild Boars on Jabalpur Runway, Passengers Evacuated

December 04, 2015

Jabalpur: Passengers onboard a SpiceJet flight from Mumbai to Jabalpur lived through had a narrow escape after their plane collided with wild boars and went off the runway before coming to a stop at the Jabalpur airport this evening.

Though the plane - a Bombardier Q400 - had 49 passengers onboard, no one is reported to have suffered from damage after the incident.

"All passengers have been safely evacuated and no one has sustained any injury," airline officials told NDTV.

At 7:30 pm, when the commander of the aircraft touched down on the Jabalpur runway he was forced to apply hard brakes after spotting wild boars. As he tried to maneuver the aircraft towards safety, the plane went slightly out of control and skidded off the runway.

"This could have been a tragic accident had it not been for the quick thinking of the pilot," an airline source told NDTV.

The incident raises a serious question mark on the safety of runway operations at the Jabalpur airport.
As per civil aviation rules, a runway should be completely free from any kind of obstruction at the time of landing or take off.

So far, neither the airline nor the Airports Authority of India has issued a statement.

5Patel · Member Joined: 02 Oct 2014 Posts: 117

SpiceJet loves animals more than any other airline...

December 4, 2015 - SpiceJet Q400 hits wild boars in Jabalpur
http://www.ndtv.com/india-news/spicejet-aircraft-hits-boars-on-jabalpur-runway-passengers-evacuated-1251178?pfrom=home-lateststories

April 28, 2015 - SpiceJet B737 bird strike while landing in Srinagar
http://avherald.com/h?article=4856eb89

November 7, 2014 - SpiceJet B737 hits a buffalo in Surat
http://www.ndtv.com/india-news/spicejet-plane-crashes-into-buffalo-at-surat-airport-two-inquiries-ordered-690158

August 8, 2014 - SpiceJet B737 bird strike while landing in Chennai
http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/bird-strike-delays-spicejet-aircraft/article6293868.ece

July 17, 2014 - SpiceJet B737 aborts landing due to stray dog on runway at Port Blair
http://www.andamansheekha.com/2014/07/17/stray-dog-on-the-runway-forces-spicejet-pilot-to-abort-landing/

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July 14, 2009 - 2 SpiceJet B737s hit by a single bird in Dabolim. WOW!!!
http://airlinersindia.s4.bizhat.com/airlinersindia-post-68082.html

747-237 · Posted: Sat Dec 05, 2015 7:34 am Post subject:

Accident: Spicejet DH8D at Jabalpur on Dec 4th 2015, boar strike, runway excursion, left main gear collapsed

A Spicejet de Havilland Dash 8-400, registration VT-SUC performing flight SG-2458 from Mumbai to Jabalpur (India) with 49 passengers and 4 crew, was landing at Jabalpur at 19:30L (14:00Z) when a herd of 30-40 boars strayed onto the runway prompting the crew to attempt averting the animals by turning left. The aircraft went off the runway and came to a stop on soft ground with the left main gear collapsed. There were no injuries, the aircraft received substantial damage. Three dead boars were recovered from the runway.

The airline reported a herd of boars strayed onto the runway, the captain attempted to apply emergency brakes, the aircraft went left off the runway. There were no injuries, the damage is being assessed.

No Metars are available, the local weather station reported calm winds and visibility of 4000 meters.

Adult Indian Boar reach up to 90-136kg/200-300lbs of mass and up to 36 inches/91cm shoulder height.

Source: Avherald.com

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747-237 · Posted: Tue Dec 15, 2015 5:33 am Post subject:

http://timesofindia.indiatimes.com/business/india-business/SpiceJet-to-revamp-fleet-may-buy-100-150-planes/articleshow/50178956.cms

SpiceJet to revamp fleet, may buy 100-150 planes

Dec 15, 2015

Exactly a year after saving it from near-certain closure, SpiceJet chief Ajay Singh is all set to revamp the airline by possibly going in for a complete change of fleet. Singh says he will place a 'large' aircraft order, indicating anywhere from 100 to 150 planes, this fiscal. Both Airbus and Boeing have sent their proposals for the A-320 new engine option or neo and the B-737 Max, respectively.

"Today we are a relatively small airline and can therefore have a mixed fleet. (SpiceJet has 41planes — 14 Q-400 and a mix of 25 B-737s and two leased A-320s). When we place a large aircraft order, we will have either an all 320 neo or 737 Max fleet. If Airbus is able to make a better offer than Boeing, I will change my fleet to all A-320s and if Boeing makes a better deal, I will have all B-737s," Singh told TOIon Monday.

Similarly for the regional jets, Singh is talking to the three big players — ATR, Bombardier and Embraer.

"We will have only one type of regional fleet, depending on which one we choose. All aircraft manufacturers have told us that they will find new homes for our existing fleet if we choose their planes. I am ready to begin with a clean slate with the aim of having lowest possible cost structure that, along with revenue generation, leads to a consistently profitable growth for the next 10 to 15 years," Singh said.

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747-237 · Posted: Tue Jan 05, 2016 8:32 am Post subject:

http://www.gizmodo.in/indiamodo/SpiceJet-is-betting-big-on-Embraer-to-revamp-its-fleet/articleshow/50440007.cms

SpiceJet is betting big on Embraer to revamp its fleet?

Jan 4, 2016

After trying his best to bring SpiceJet back from the brink, the airline's chairman Ajay Singh on December 28th had hinted that the carrier may soon go on an expansion drive. And now a PTI report has revealed that the Gurgaon based airline is looking to opt for Embraer jets amongst others to put its best foot forward. The airline was in an highly precarious condition in December 2014.

If we believe the report, Embraer had given a presentation on its aircraft to the SpiceJet management last year. If SpiceJet finalizes to add Embraer jets in its fleet, it will become the second domestic carrier to have such plane after Vijaywada-based Air Costa. In February 2014, Air Costa had placed a firm order for 50 E-Jet E2s.

At present, SpiceJet has a total of 41 aircraft in its fleet that includes 14 Bombardier Q400, 25 Bombardier 737s and two leased Airbus 320s.

As far as funds for aircraft order is concerned, Ajay Singh had earlier told DNA that SpiceJet is more than sufficiently funded. He further added, "There are several ways to finance aircraft orders. We are sufficiently capable of funding those aircraft orders from internal accruals and the arrangement that are possible, short of diluting equity."

Singh concluded by saying that the final decision however depends on the deal that SpiceJet gets.
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Caliguy · Posted: Tue Jan 05, 2016 7:31 pm Post subject:

As I pax I really like the EMB planes for short flights (under 3 hours). Can't beat 2 X 2 seating in couch. If this allows SpiceJet to open more routes or add frequency, could be good for them. That said I can't speak to the economics of the EMB. In the US, its mostly full service that run them (although Jet Blue does)

747-237 · Posted: Wed Jan 06, 2016 7:13 am Post subject:

http://www.india.com/business/spicejet-expands-network-adds-10-more-frequencies-837780/

SpiceJet expands network, adds 10 more frequencies

January 5, 2016

SpiceJet today announced network expansion and flight frequencies on 10 routes, including extra services on the Delhi-Kabul sector.

In a statement here, the second largest budget carrier said it will add 10 new daily frequencies on its domestic network on some popular routes like Chennai-Kochi (fourth direct flight), Bangalore-Vijayawada (second direct flight) and Hyderabad-Vijayawada (second direct flight) among others. On its international network, SpiceJet is increasing frequencies on the Delhi-Kabul route by expanding operations from three weekly flights to five days effective February 8.

The airline has also increased seating capacity on select domestic routes by undertaking aircraft upgrades from Bombardier Q400 (78 seats) to Boeing 737, which can fly 186 passengers. These upgrades will be effective 6 days a week on the Delhi-Varanasi and Delhi-Dehradun sectors. SpiceJet operates 293 daily flights to 40 destinations, including 6 international routes.
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747-237 · Posted: Sat Jan 09, 2016 5:51 pm Post subject:

http://news.webindia123.com/news/Articles/India/20160109/2765657.html

FIR against Spice Jet for not flying Mumbai flight

Jan 9 2016

Mumbai bound ticket holders filed an FIR against Spice Jet for denying flying on time this morning from Dum Dum airport, aviation sources said.

Some 199 passengers of Spice Jet were scheduled to fly around 0800 hours for Mumbai, but they were told by the airline authorities that due to bad weather in Mumbai the departure was delayed for an unspecified period. But the Spice Jet passengers protested when they saw other airlines flying their aircraft for Mumbai on time.

They then lodged a complaint against the airline with the local police station. After about four and half hours delay, the Spice Jet authorities were making arrangements for another aircraft to carry the passengers to Mumbai.
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abhijith16 · Posted: Thu Jan 14, 2016 12:41 pm Post subject:

Spicejet announces daily Hyderabad - Dubai and 5pw Jaipur - Dubai effective 16FEB

SG59 HYD0010 - 0300DXB 73H D

SG60 DXB1330 - 1830HYD 73H x16
SG60 DXB0400 - 0900HYD 73H 16

SG57 JAI1015 - 1230DXB 73H x16

SG58 DXB0400 - 0830JAI 73H x16
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747-237 · Posted: Sat Jan 30, 2016 9:40 pm Post subject:

http://zeenews.india.com/business/news/companies/spicejet-increases-ticket-cancellation-charges_1850653.html

Spicejet increases ticket cancellation charges

January 30, 2016

SpiceJet has revised upward its ticket cancellation charges by almost Rs 100 and will be applicable from next month.

The Gurgaon-based airline at present charges Rs 1,800 as cancellation fee for a domestic ticket and Rs 2,250 for an international booking.

The revised cancellation charges would be Rs 1,899 and Rs 2,349, respectively, from February 1, a SpiceJet official said.

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747-237 · Posted: Wed Feb 03, 2016 5:02 pm Post subject:

http://www.livemint.com/Companies/cLvL9wdGMffzLy4CTG041M/SpiceJet-hopes-to-place-large-aircraft-order-this-fiscal.html

SpiceJet hopes to place large aircraft order this fiscal

Feb 03 2016.

SpiceJet Ltd is close to placing a “significant” aircraft order, the airline’s top executive said.

“We are talking to aircraft manufacturers—both Boeing Co and Airbus SAS—for placing a order of significant size. We have communicated our quotes to them and we have their responses too,” Ajay Singh, chairman and managing director, SpiceJet said.

“We are evaluating the responses. We want to place order as soon as possible, preferably this financial year. But we need to get the terms and conditions right,” Singh said.

He said the airline is also talking to airplane makers including Bombardier of Canada, Embraer of Brazil and ATR of Europe for smaller planes to connect regional airports.

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747-237 · Posted: Tue Feb 09, 2016 4:53 pm Post subject:

http://www.dnaindia.com/money/report-spicejet-plans-to-start-door-to-door-cargo-delivery-service-amid-turnaround-plan-2175742

SpiceJet plans to start door-to-door cargo delivery service amid turnaround plan

9 Feb 2016

SpiceJet is planning to launch a door-to-door cargo delivery service as it seeks to explore other revenue streams amid a turnaround plan.

The Gurgaon-based airline is in the process of setting up required infrastructure for the service, which is expected to be rolled out this fiscal, top airline sources said. SpiceJet has already placed order for 100 sub-three tonne trucks with a leading Mumbai-based commercial vehicle maker, besides leasing commercial space for 40 warehousing facilities across the country, they said.

"The proposed service is in the planning phase. We are working on it and are hoping that we launch the service within this fiscal," an airline source said.

The airline already has the critical air link, he said adding, "we are trying to see if it makes some sense to take it one step forward." According to SpiceJet, domestic cargo is logging a 15-17% year-on-year growth.

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747-237 · Posted: Wed Mar 02, 2016 7:47 am Post subject:

http://timesofindia.indiatimes.com/india/Plane-with-211-on-board-loses-tyre-but-lands-safely/articleshow/51217563.cms

Plane with 211 on board loses tyre but lands safely

Mar 2, 2016

In a safety scare, a SpiceJet aircraft 'dropped' one of its tyres while taking off from Bengaluru on Tuesday evening with 204 pass- engers and seven crew members on board. Maintenance personnel at the Bengaluru runway spotted debris of a tyre and immediately informed air traffic control (ATC).

Since SpiceJet SG 517 was the last aircraft to take off before the tyre was found, the ATC checked on this with the airline staff.

Once it was confirmed that the tyre belonged to the SpiceJet aircraft, the ATC relayed the information to its pilot, who then made a precautionary landing in Kolkata, the flight's destination. Luckily for those on board, the tyre that fell off or burst - something which only a probe will reveal - was from the rear landing gear which has two sets each of as many tyres (one under each wing) and was able to land safely with one tyre less.

Confirming the incident, a SpiceJet spokesman said: "One of the rear tyres tyres fell off or burst while our aircraft was taking off from Bengaluru. The pilot landed the aircraft safely at the destination and all passengers have disembarked safely."

Directorate General of Civil Aviation chief M Sathi- yavathy, who has a policy of zero tolerance for safety issues, has ordered a probe into this case. "The aircraft has landed safely and all passengers are safe," a senior DGCA official said.

Bengaluru airport sources said that when the pilot was informed about the tyre, there were fears that the plane may get stuck on the runway after landing in Kolkata. But luckily for the single-runway airport, the plane was able to vacate the strip after landing.
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747-237 · Posted: Mon Mar 21, 2016 9:35 am Post subject:

http://timesofindia.indiatimes.com/india/Jittery-flyers-on-Mumbai-Delhi-flight-inflate-life-jackets/articleshow/51486615.cms

Jittery flyers on Mumbai-Delhi flight inflate life jackets

Mar 21, 2016

Many passengers of a SpiceJet Mumbai-Delhi flight on Saturday morning took out life vests from under their seats and inflated them to be ready for a water landing! This scare was triggered when an Airbus A-319 leased by SpiceJet from a Czech company had a hydraulic failure soon after take off from Mumbai with 141 passengers on board.

"While the plane was making a turnback to land in Mumbai, the cabin crew reportedly gave a demonstration of how to use life jackets. This led to passengers getting scared as the plane was over the sea at that time. Many of them assumed the worst, took out life jackets and inflated them," said a source.

The DGCA is now investigating whether the pilot made some announcement that led the crew to give a demo for using life jackets which are to be used as flotation devices in case of a water landing.

All the crew on this plane were foreign. In case of a water landing, passengers are supposed to inflate these jackets before jumping in water by exiting from aircraft either from a door or the over wing exit.

The regulator has asked the airline to tell it exactly what the pilot announced and is trying to determine the exact sequence of events that led to this situation. The safety instructions are given on ground when the plane is about to begin taxiing for take off.

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747-237 · Posted: Wed Mar 23, 2016 8:32 pm Post subject:

http://indianexpress.com/article/india/india-news-india/spicejet-announces-3-new-routes-increases-frequencies-on-these-routes/

Spicejet announces 3 new routes, increases frequencies on these routes

March 23, 2016

Low-cost carrier Spicejet on Wednesday announced its summer schedule with three new routes and six more frequencies of its flight on some sectors.

The three new services are on the Mumbai-Udaipur, Tirupati-Vijayawada and Vijayawada-Vishakhapatnam sectors effective April 16, the airline said in a statement, adding it will enhance frequencies between Delhi-Srinagar, Hyderabad-Chennai, Delhi-Dharamshala, Chennai-Vishakhapatnam and Hyderabad-Bengaluru from March 27.

With these new services, the airline will increase its operation to 306 daily flights from 240 in the last summer.

To tap the rising leisure and business travellers and considering the tourist and commercial demand, it has increased the frequencies on the Delhi-Srinagar (2nd non-stop flight) Hyderabad-Chennai, (4th non-stop flight) and Hyderabad-Bengaluru (4th direct flight) among others.

The airline has also increased its seating capacity on various domestic routes by changing planes, from the 78-seater Bombardier Q400s to Boeing 737s which can carry 186 passengers on the Pune-Goa and Delhi-Dehradun sectors.
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747-237 · Posted: Tue Apr 05, 2016 4:01 pm Post subject:

http://www.india.com/news/india/summer-rush-spicejet-puts-bigger-aircraft-on-delhi-doon-route-1082384/

SpiceJet puts bigger aircraft on Delhi-Doon route

April 4, 2016

SpiceJet today said it has deployed bigger aircraft on its Delhi-Dehradun route and will soon put a new flight to Udaipur from Mumbai to cater to the rush during the summer vacation. SpiceJet airline has upgraded the aircraft from 78-seater Bombardier Q400 to 186-seater Boeing 737 on the Delhi-Dehradun route, which sees hike in traffic during the summers.

The new flight to Uttarkhand capital will be operational on all seven days of the week, the airline said in a release. To cater to the peak summer rush (from March to October), SpiceJet has unleashed a whole new summer schedule in which apart from equipment upgrade, the airline has added three new flights and six new frequencies, thereby offering more seats and connecting key metros and cities, the airline said.

“Our new summer schedule is an extension of our existing strategy that will cater to the robust market demand for the coming holiday season,” SpiceJet’s senior vice-president for commercial, Shilpa Bhatia said. As part of its summer schedule, the airline has also reinforced its frequency on the Udaipur-Mumbai route and rolled out a new flight, commencing from April 16, it said. SpiceJet will operate 306 daily flights during the summer schedule as against 240 flights operated by it in the same period last year, the release added.
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747-237 · Posted: Tue Apr 05, 2016 4:03 pm Post subject:

http://www.india.com/news/india/spicejet-launches-scheme-for-frequent-fliers-1083873/

SpiceJet launches scheme for frequent fliers

April 5, 2016

SpiceJet has launched a pre-paid card scheme for its frequent fliers, offering them rewards points on purchase of products and services through the airline’s website as well as online/offline shopping through its retail partners. SpiceClub, which has been launched for the first time by any Indian airline, offers its loyalty club members opportunity to not just save money but also get rewarded while spending more with the airline, a release said today.

The program which can be availed for membership at a minimum of Rs 599 offers benefits worth up to Rs 5,999. These earned rewards can be redeemed on the airline’s website as well as for online/offline purchase of partners’ products and services, it said. The card comes with privileges such as a free ticket on birthday, up to 50 per cent discount on domestic air tickets for a couple on anniversaries, free vouchers, priority check-in and updates about new offers, among others, for its members, the airline said.

“We are always looking at ways and means to serve our customers better. With SpiceClub in your wallet, you are more than just a customer for SpiceJet and that is something that will drive the whole agenda of customer delight for us while offering customized and attractive benefits to our members,” SpiceJet vice president for business development Amit Srivastava said in the release.
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basheer1211 · Member Joined: 28 Dec 2012 Posts: 271 Location: India

747-237 · Posted: Fri Apr 08, 2016 8:15 pm Post subject:

http://www.business-standard.com/article/pti-stories/spicejet-also-hikes-ticket-cancellation-charges-116040800675_1.html

SpiceJet also hikes ticket cancellation charges

April 8, 2016

SpiceJet has also increased its ticket cancellation charges by over Rs 350, days after its competitor IndiGo announced a flat charge of Rs 2,250 even as the DGCA deadline for airlines to submit their response on the issue ended today.

The revised charges for cancelling a domestic ticket now stands at Rs 2,250 while for an international air ticket, it is fixed at Rs 2,500, SpiceJet said in a communication to travel agents.

The new cancellation charges are effective from April 7, it said.

Significantly, the move comes amid the civil aviation regulator--Directorate General of Civil Aviation (DGCA)-- seeking an explanation on the reasons for a flat cancellation fee and a body of air passengers Air Passengers Association of India (APAI) threatening to approach fair trade regulator, CCI for an investigation into the alleged cartelisation.

The Gurgaon-based airline had earlier been charging a fee of Rs 1,899 for cancelling a domestic ticket and Rs 2,349 for an international air ticket.

Most of the domestic carriers, including IndiGo, had increased the cancellation charges by a significant amount in February.

DGCA had written to the airlines, including the regional ones, asking them to explain the reason for increasing ticket cancellation fee, which in some cases now is almost equivalent to the air fares charged for a short-haul journey.

IndiGo had done away with the slab system in cancellation fee and announced a flat charge of Rs 2,250.

The aviation regulator had asked the airlines to file their response by today.
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abhijith16 · Posted: Sun Apr 17, 2016 6:37 am Post subject:

Spicejet returns to Thiruvananthapuram with 1 weekly Chennai-Thiruvananathapuram starting 03MAY16.

Bookings open for this service.
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747-237 · Posted: Sun Apr 17, 2016 8:05 am Post subject:

Spicejet has added a pre-owned Q400 to the fleet today, as VT-SUQ.
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747-237 · Posted: Thu Apr 21, 2016 1:02 pm Post subject:

http://www.business-standard.com/article/companies/once-faced-with-exodus-spicejet-now-attracts-talent-from-rivals-116042100250_1.html

Once faced with exodus, SpiceJet now attracts talent from rivals

April 21, 2016

The turnaround story of low-cost airline SpiceJet has not only been in financial terms, but even that of attracting fresh talents from the industry.

In order to shelve threat from new airlines, the management is now planning to give ESOP option to high-performing executives. “We are working on the modalities of ESOPs,” Ajay Singh, chairman of SpiceJet, told Business Standard.

The country’s second-largest low cost carrier (LCC) saw an exodus of executives, pilots and cabin crews as it faced a near death experience.

According to industry sources, around 40 executives in the mid and senior level are set to join the airline from rival IndiGo.

Saptarshi Bose, ex-senior manager of revenue management at IndiGo, who had earlier worked for SpiceJet have already made their comeback in a bigger role than earlier.

Bose is back as general manager — revenue management and network planning. Pahuna Lal, who was a part of the team at IndiGo’s DRHP (Draft Red Herring Prospectus) filing, has taken charge as deputy head of corporate strategy and projects.

“Not only have many of our former executives joined back the company, people from other airlines also want to join the company now,” said Singh.

He has also decided to give greater roles to the loyal mid-level executives by promoting them to senior positions.

For instance, Kiran Koteshwar — an old timer at SpiceJet and has taken care of financial affairs at the company — has been designated as the chief financial officer.

Sukanya Anbalagan, who was deputy general manager to human resources, has replaced Shalini Vohra to become the head of human resources department. Vohra had quit the airline after Singh had taken charge.

“We want the second layer to take more responsibility; it is always better as they have worked in the organisation and well equipped with the culture. This also gives the team a motivation that you can work your way high up the ladder,” Singh said.

After the new management came in, there was a churn among the top executives. The airline’s entire top rung had quit around late 2014 when Singh took charge of the company. Some of the most high profile exits were Kaneshwaran Avili, who was the CCO, Sudhakar Kondisetty, who was heading the information technology team at the airline and Sanjiv Kapoor former COO who left to join Vistara.

“We had to let go a few executives of the previous management as they were expensive, removing them has helped in cost management,” Singh said.

Similarly, the airline is also now being able to poach pilots from other airlines. Around 18 pilots and seven pilots are joining from IndiGo and Air India.

“Pilots are coming back from rival airlines and with the airline planning to induct new fleet, we plan to hire around 50 more,” Singh said.
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747-237 · Posted: Thu Apr 21, 2016 1:13 pm Post subject:

http://www.thehindu.com/business/Industry/spicejet-to-swap-wetlease-fleet-by-june/article8500111.ece?ref=sliderNews

SpiceJet to swap wet-lease fleet by June

April 21, 2016

SpiceJet will replace all its seven wet-lease aircraft with dry-lease planes by June 15 this year, to cut costs and speed up operations, its Chairman Ajay Singh told The Hindu.

“(Wet-lease planes) are more expensive than the dry-lease ones. They also have issues of longer turnaround time. We cannot utilise them like the dry-lease planes. In some cases, the on-time performance gets impacted,” Mr. Singh said.

“We took wet-lease planes because they were available in a short time. They have served the purpose as they allowed us to fulfil the commitments to fly the scheduled operations as we had promised. And of course, there are problems with the wet-lease planes. They have a different style and working parameters. By June 15, we hope to replace them with dry-lease planes,” Mr. Singh said in the interview.

SpiceJet has so far inducted seven aircraft on wet-lease, after the new management under Mr. Singh took over the ailing airline in 2015, to ensure passenger bookings do not get impacted. That was the first time an Indian carrier inducted planes on wet-lease for domestic operations.

The low-cost airline faced higher costs and operations were delayed due to the wet-lease aircraft arrangement, Mr. Singh said.

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747-237 · Posted: Fri Apr 22, 2016 9:08 am Post subject:

SpiceJet Adds New Vijayawada Service from late-April 2016

India’s low-cost carrier SpiceJet starting next Monday (25APR16) introduces expanded service at Vijayawada, as the airline launches nonstop service to Tirupati and Vishakhapatnam. Service will be operated by Dash8-Q400 aircraft on daily basis.

Vijayawada – Tirupati
SG1013 VGA1540 – 1645TIR DH4 D
SG1012 TIR1100 – 1215VGA DH4 D

Vijayawada – Vishakhapatnam
SG1012 VGA1240 – 1340VTZ DH4 D
SG1013 VTZ1420 – 1520VGA DH4 D

Additionally, following service will see frequency increase from 25APR16:
Hyderabad – Bangalore Increase from 20 to 27 weekly
Hyderabad – Tirupati Increase form 20 to 27 weekly

Source: Airlineroute.net
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747-237 · Posted: Wed May 04, 2016 12:50 pm Post subject:

http://www.hindustantimes.com/business/spicejet-looks-at-cutting-costs-and-expanding-network/story-3RuAOcqJiMCqJllIsMiyLN.html

SpiceJet looks at cutting costs and expanding network

May 04, 2016

SpiceJet will return all its wet leased planes and replace them with those on dry lease as it looks at cutting costs and expanding its network.

SpiceJet, sources said, is set to replace all seven planes it has on wet lease. Additionally, the airline is planning to add three more Boeing 737 jets.

“We had wet-leased planes to address the short-term capacity shortage and to rebuild our network. That was a short term measure. The whole idea was that operations shouldn’t suffer and there should be no cancellations,” said a senior airline official.

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747-237 · Posted: Thu May 19, 2016 7:40 am Post subject:

SpiceJet has returned one of the (short-term) leased A320, LZ-BHG (incidentally, the original VT-INA with Indigo), to BH Air.

Spicejet has also leased in another A320, TC-FBH, from FreeBird Airlines.
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iluv2fly

SpiceJet Ltd hopes to place an order for more than 100 single-aisle planes:

http://finance.yahoo.com/news/spicejets-fourth-quarter-net-profit-112820010.html

747-237 · Posted: Fri May 20, 2016 6:31 am Post subject:

http://www.financialexpress.com/article/industry/companies/spicejet-q4-profit-more-than-triples-to-rs-73-crore/260475/

SpiceJet Q4 profit more than triples to Rs 73 crore

May 20, 2016

SpiceJet’s net profit more than tripled to Rs 73 crore for the January-March quarter of FY16 on the back of increase in passenger load, higher capacity and efficient utilisation of aircraft.

The airline made a net profit of only R22 crore during the same period last year. The increase in profit could have been much higher had the airlines not taken a hit of R173 for the maintenance of the fleet of aircraft.

Buoyed by the financial and operational recovery, Ajay Singh, founder and chairman said that the company will order more than 100-150 aircraft and the negotiations are in the final stages. “Yes we need to add capacity and will be ordering 100 plus aircrafts in the coming few weeks. In June we will be replacing six of our wet leased aircrafts. Mostly, the orders will be delivered by 2018 till then we will be adding capacity by dry lease contracts,” added Singh

Increased number of passenger flown during the quarter led to an 85% y-o-y increase in net sales to R1448.66 compared to R782.56 crore in the corresponding period of the last fiscal. The Gurgaon-based airline increased it capacity during the quarter as a consequence of which the rental costs increased by 114.42% y-o-y to R247.4 crore.

During the quarter, the airline was obligated to enter into new contracts and also renewed the existing ones pertaining to the maintenance of the engines of its Boeing and Bombardier Q400 aircrafts. Consequently, the aircraft maintenance cost of airline increased by 246.09% y-o-y to R395.58 crore.

“This would be the best performing fourth quarter in a fiscal in our history. We have completely addressed our legacy issues, currently we have no debts on our books. Out of R2,200 crore gross debt we have paid of around R1,500-1,600 crore,” said Ajay Singh, chairman and managing director.

Due to the recovery in the operational efficiency of the airline, the EBITDAR (earning before interest, tax, depreciation, amortization and aircraft rentals) increased significantly by 100.51% y-o-y to R393 crore for the quarter when compared to R196 crore in the corresponding quarter in the FY 15.

In FY16, the no frills airline made a profit of R407 crore as opposed to a loss of R687 crore in the FY15.

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abhijith16 · Posted: Sun May 22, 2016 12:23 pm Post subject:

747-237 · Posted: Sun May 22, 2016 12:38 pm Post subject:

http://www.dnaindia.com/money/report-spicejet-plans-to-list-on-nse-2215254

SpiceJet plans to list on NSE

22 May 2016

SpiceJet, which has remained profitable for five straight quarters, is looking to list its securities on the National Stock Exchange.

The proposal, in the works for some time, has gained momentum as the no-frills airline has been witnessing a significant turnaround in fortunes compared to late 2014 when it was in the doldrums.

Currently listed on BSE, SpiceJet is one of the few companies which are not trading on NSE. Generally, most of the prominent entities are listed on both the exchanges.

"We are looking at listing our shares on the NSE...Getting listed on this exchange will help our securities have a wider reach and also help in enhancing the credibility," SpiceJet Chairman and Managing Director Ajay Singh said.

The preparatory work has been initiated and the company is looking at the listing and various compliance requirements with respect to NSE, said.

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abhijith16 · Posted: Tue May 24, 2016 1:44 pm Post subject:

Spicejet has taken wet-lease of 2 Corendon Airlines B737-800s (TC-TJU/O) yesterday.
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747-237 · Posted: Tue May 24, 2016 6:08 pm Post subject:

http://www.business-standard.com/article/pti-stories/spicejet-to-supply-water-in-11-parched-villages-of-maharashtra-116052400894_1.html

SpiceJet to supply water in 11 parched villages of Maharashtra

May 24, 2016

To commemorate its 11 years of operations, budget airline SpiceJet today said it has partnered with an NGO to supply nearly 71,500 litres water to 11 villages in drought-hit Latur district under Marathwada region of Maharashtra every day.

"At a time when the state is combating severe drought conditions, SpiceJet has stepped in to pledge help and relief to 11 villages in Latur, an initiative to commemorate its 11 years of flying," the airline said in a statement issued here.

The airline, along with voluntary organisation 'AnybodyCanHelp' will organise, coordinate and execute the supply of nearly 71,500 litres of water to 11 villages per day across Ausa taluka in Latur district.

Under the initiative, water tankers assigned by SpiceJet will undertake the exercise for the whole of the month starting from May 23 till June 23.

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747-237 · Posted: Fri May 27, 2016 6:44 am Post subject:

http://www.india.com/news/india/spicejet-extends-premium-lounge-service-to-three-more-airports-1216666/

SpiceJet extends premium lounge service to three more airports

May 26, 2016

SpiceJet today expanded its premium lounge service to three more domestic airports including Varanasi. The Gurgaon-based airline already offers premium lounge facility to its fliers at airports in Delhi, Bangalore, Hyderabad and Kochi. SpiceJet has opened its new premium lounges, Club One Class Lounge at Jaipur, Varanasi and Guwahati airports, offering its customers a host of services, the airline said in a statement.

Apart from comfortable seating, the lounge offers an array of facilities which include complimentary wi-fi access, flight information screen, televisions, and newspapers/magazines. The service which is available only at the domestic departure terminals of these three airports will also offer a fixed menu of eatables to be served during the operational hours of the lounge which would include soft beverages, vegetarian/non-vegetarian starters and desserts, SpiceJet said. At Delhi, Bangalore, Hyderabad and Kochi airports the airline offers services at both its domestic and international airports for a minimal price of Rs 600, it said.
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747-237 · Posted: Thu Jun 02, 2016 9:51 am Post subject:

SpiceJet has returned the (short-term) leased A319, LZ-AOA, to BH Air.

SpiceJet has also returned one of the leased 737-800s, OK-TSF, to Travel Service.
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747-237 · Posted: Sun Jun 19, 2016 7:41 pm Post subject:

http://www.ibtimes.co.in/spicejet-offer-taxi-pick-option-when-booking-flight-tickets-683424

SpiceJet to offer 'taxi pick-up' option when booking flight tickets

June 19, 2016

SpiceJet said it will soon start offering passengers the choice of booking a taxi for a drop to the airport at the time of booking their flight tickets. For this reason, the airline has collaborated with cab aggregator mytaxiindia.

As part of the plan, the airline would give passengers the option of booking a taxi to reach the airport. The option will be available at the time of booking the flight ticket. By doing so, the airline (which operates to 35 destinations across the country), would attract more passengers, thereby increasing its revenues, Press Trust of India reported.

SpiceJet Vice President Amit Srivastava feels the collaboration would get the airline more passengers from tier II and tier III cities. "The partnership with 'mytaxiindia' will encourage us to explore more routes where the demand could be higher," Srivastava was quoted as saying by the agency.

In addition, he added: "SpiceJet expects the initiative to also help in raking in more revenues with more number of travellers and also complement the government's overall efforts to boost regional air connectivity."

Mytaxiindia, or MTI, started operations in 2013 and has more than 454 cab operators on-board its services available in 119 cities, PTI added.

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747-237 · Posted: Tue Jun 28, 2016 3:26 pm Post subject:

http://www.ummid.com/news/2016/June/28.06.2016/spicejet-to-carry-inidian-haj-pilgrims-with-three-other-airlines.html

SpiceJet joins Air India, Saudi Airlines and Flynas to carry pilgrims for Haj 2016

June 28, 2016

SpiceJet, India’s low-cost domestic airline, will join national carrier Air India, Saudi Arabian Airlines and Flynas in transporting Haj pilgrims this year, according to Indian Deputy Consul General and Haj Consul Mohammed Shahid Alam.

SpiceJet, which is joining this year for the first time, will transport pilgrims from two points. Draft schedule has been submitted and it is in the process of approval by the General Authority of Civil Aviation and the Airport Authority of India.
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747-237 · Posted: Wed Jun 29, 2016 4:33 am Post subject:

http://www.ch-aviation.com/portal/news/47379-spicejet-to-dry-lease-eleven-b737nextgens-this-summer

SpiceJet to dry-lease eleven B737NextGens this summer

SpiceJet (SG, Delhi Int'l) will dry-lease a total of eleven B737-800 and B737-900s to cope with an anticipated surge in demand during the peak summer months an airline official has told Bloomberg.

But this summer season, unlike in previous years, the carrier will not seek to any wet-leases as, according to Chairman Ajay Singh, their operating contracts are not beneficial from either a cost or an operational perspective.

“(Wet-lease planes) are more expensive than the dry-lease ones. They also have issues of longer turnaround time. We cannot utilise them like the dry-lease planes. In some cases, the on-time performance gets impacted,” he said.

The Indian LCC currently operates two B737-700s, eighteen B737-800s (two of which are wet-leased from Corendon Airlines (XC, Istanbul Sabiha Gökcen)), four B737-900(ER)s, and fourteen Dash 8-400s on regular flights throughout India as well as to Oman, the United Arab Emirates, Sri Lanka, Thailand, Afghanistan, and the Maldives.
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