Airliners-India.com

747-237 · Posted: Tue Jun 20, 2017 4:22 pm Post subject:

http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/spicejet-signs-letter-of-intent-for-50-bombardier-q400s-aircraft-for-1-7-billion/articleshow/59234807.cms

SpiceJet signs letter of intent for 50 Bombardier Q400s aircraft for $1.7 billion

Jun 20, 2017

This order - of 25 firm order and options of 25 more - will make Spicejet the largest turboprop aircraft operator in the country.

"We are already operating a fleet of 20 Q400s and will add another 25 by early 2020. The deliveries start during early 2018 and we will induct one aircraft per month till 2020," SpiceJet CMD Ajay Singh told ET on the sidelines of Paris Air show.

He added that the aircraft would be used for regional connectivity as well providing connectivity in the neighboring international destinations.

"Our Q400s fly to Male and Dhaka as on today. We can connect to many more nearby international destinations to smaller cities like Varanasi-Kathmandu and many more," Singh further said.

The airline said that the Letter of Intent (LOI) includes 25 Q400 turboprops and purchase rights on an additional 25 aircraft. Based on the Q400 turboprop list price, an order could be valued at up to US $ 1.7B billion. This would be the single biggest order for the Q400, the airline said in a release.

_________________
11000 posts (and counting) on Airliners-India.

abhijith16 · Posted: Fri Jun 23, 2017 7:38 am Post subject:

Spicejet increases Hyderabad-Surat to 2 daily and resumes Mumbai-Surat effective 10JUL

SG2671 HYD0510 - 0700STV DH4 357
SG2671 HYD0545 - 0735STV DH4 x357

SG2672 STV1900 - 2110HYD DH4 D

SG2684 BOM1745 - 1840STV DH4 D

SG2683 STV0725 - 0830BOM DH4 357
SG2683 STV0755 - 0850BOM DH4 x357
_________________
<a><img></a>

747-237 · Posted: Tue Jun 27, 2017 11:18 am Post subject:

http://www.financialexpress.com/industry/the-worlds-top-airline-stock-is-indias-spicejet-with-124-gain/737009/

The world’s top airline stock is SpiceJet with 124% gain

June 27, 2017

Two and a half years after SpiceJet Ltd. was forced to ground its entire fleet on its inability to pay a mere $2.2 million in fuel bills, the budget airline has become the world’s best-performing airline stock — with $26 billion in plane orders to boot.

The company’s co-founder and Chairman Ajay Singh has played the white knight, injecting capital, cutting loss-making routes and aggressively adding capacity in one of the world’s fastest growing markets. To top it all off, crude prices are staying low.

For investors, that’s been a winning formula: SpiceJet shares are the best performers on a Bloomberg Intelligence index of airline stocks this year. The stock is up 124 percent in 2017 and has gained more than 800 percent since the company’s near-demise in December 2014, giving SpiceJet a market value of $1.2 billion.

The outlook for aviation stocks looks good “as long as oil prices are under control,” said Mahesh Patil, co-chief investment officer of Birla Sun Life Asset Management Co., which has $30 billion in assets. Birla held a stake of about 1.2 percent in SpiceJet as of May 31, according to Bloomberg data.
_________________
11000 posts (and counting) on Airliners-India.

747-237 · Posted: Sat Jul 01, 2017 3:58 pm Post subject:

http://www.livemint.com/Companies/uLEPiuz6Pj8aZpkvLcVDaJ/Air-India-privatisation-Not-strong-enough-to-take-a-gamble.html

SpiceJet won’t bid for Air India, says Ajay Singh

Jun 30 2017

SpiceJet Ltd chairman and managing director Ajay Singh said on Friday the airline has no plans to bid for Air India.

“We are too small an airline to acquire Air India itself,” Singh said on the sidelines of the opening of SpiceJet’s range of stores in Gurugram called SpiceStyle, which will sell merchandise and help the airline increase ancillary revenue.

_________________
11000 posts (and counting) on Airliners-India.

abhijith16 · Posted: Sat Jul 22, 2017 12:25 pm Post subject:

Spicejet resumes Pondicherry next month under the new UDAN scheme.

1 daily Hyderabad-Pondicherry eff 16AUG

SG1004 HYD1000 - 1120PNY DH4 D

SG1005 PNY1140 - 1310HYD DH4 D

Convenient connections to Delhi and Mumbai available with these timings.

As a result, Hyderabad-Mangalore nonstop will be terminated once again, with the last flight departing 15AUG.
_________________
<a><img></a>

747-237 · Posted: Thu Aug 17, 2017 8:05 am Post subject:

http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/after-governments-pressure-spicejet-gets-more-slots-at-dubai/articleshow/60092565.cms

After government's pressure, SpiceJet gets more slots at Dubai

Aug 16, 2017

India's insistence on better and more flight slots for its carriers in Dubai's airport for increasing the seat capacity between the Emirate and India seems to be yielding results.

Spicejet has informed the civil aviation ministry that it got slots equalling 5,500 weekly seats at Dubai airport. This has come even before the two governments agreed to an increase in flying rights between them.

"They have informed us that they have slots. The airline, however, cannot start flights because our carriers have exhausted the current seat quota and would require an increase in bilateral seat entitlements before SpiceJet could utilise these slots," said an aviation ministry official, who did not want to be named.

_________________
11000 posts (and counting) on Airliners-India.

Caliguy · Posted: Thu Aug 17, 2017 7:25 pm Post subject:

747-237 · Posted: Fri Aug 18, 2017 6:56 am Post subject:

http://www.hindustantimes.com/business-news/spicejet-to-hike-excess-baggage-fee-to-rs-300-kg/story-mOzJl02oU8chQEg8uDfk3N.html

SpiceJet plans to hike excess baggage fee to Rs 300/kg

Aug 18, 2017

SpiceJet plans to hike the fee charged for excess baggage to Rs 300 per kg, sources said a day after the Delhi high court set aside capping of fee for excess checked-in baggage on private airlines.

The court, on Wednesday, set aside the Rs 100 per kg fee cap fixed by the director general of Civil Aviation (DGCA) for excess checked-in baggage of 15-20 kg.

Sources said the airline plans to increase the excess baggage fee to Rs 300 per kg from the current level of Rs 100.

A SpiceJet spokesperson could not be immediately contacted.

_________________
11000 posts (and counting) on Airliners-India.

747-237 · Posted: Fri Sep 08, 2017 8:28 am Post subject:

https://www.bloomberg.com/news/articles/2017-09-07/spicejet-pits-boeing-against-airbus-in-low-cost-long-haul-push

SpiceJet Shows Long-Haul Intent With Boeing-Airbus Order Contest

September 7, 2017

SpiceJet has begun an order contest between Boeing Co. and Airbus SE for wide-body aircraft, in the strongest indication yet that it will go ahead with a move into discount long-distance flights.

The carrier is evaluating the U.S. manufacturer’s biggest 787-10 Dreamliner together with Airbus’s A350-1000, Ajay Singh, its chairman, told Bloomberg TV in London Thursday.

SpiceJet is considering the introduction of flights to more distant markets including Europe, but needs Boeing and Airbus to come up with proposals to minimize costs, Singh said in an interview at the 2017 Aviation Festival. The carrier’s jetliner order book is limited to 175 Boeing 737 narrow-body planes.

India has the potential to be a “tremendous’” long-haul market, “if you can work out the math and bring down the cost,” Singh said. While the nation of 1.3 billion people is the world’s fastest growing aviation market, expanding at a 20 percent annual clip, it also remains “incredibly price sensitive,” he said.

_________________
11000 posts (and counting) on Airliners-India.

abhijith16 · Posted: Sat Sep 09, 2017 1:07 pm Post subject:

Spicejet commences Dibrugarh effective 03OCT, with 1 daily Silchar-Guwahati-Dibrugarh

SG3213 IXS0805 - 0850GAU0915 - 1020DIB DH4 D

SG3214 DIB1040 - 1205GAU1230 - 1310IXS DH4 D
_________________
<a><img></a>

747-237 · Posted: Mon Sep 11, 2017 8:31 pm Post subject:

https://www.ch-aviation.com/portal/news/59341-indian-lcc-spicejet-eyes-amphibian-operations

Indian LCC Spicejet eyes amphibian operations

SpiceJet (SG, Delhi Int'l) is set to further diversify its business model through the proposed introduction of amphibian/seaplane operations.

According to The Times of India, the Indian budget carrier is scheduled to sign a Memorandum of Understanding (MOU) with Japan’s Setouchi Holdings during Japanese Prime Minister Shinzo Abe's visit next week. The terms of the deal were not revealed.

In addition to owning the Idaho-based manufacturer of the Quest Kodiak 100, Quest Aircraft (Sandpoint), Setouchi Holdings is the parent firm of Japanese operators Setouchi Seaplanes (SSN) and Sky Trek Airlines. Though both utilize Kodiak 100s, the former employs the amphibian version for air charters while the latter employs the regular wheel-based variant for subscription-based taxi flights.
_________________
11000 posts (and counting) on Airliners-India.

abhijith16 · Posted: Fri Sep 15, 2017 8:31 pm Post subject:

Spicejet to resume Bengaluru-Coimbatore/Madurai & 2nd daily Bengaluru-Belgaum. They will also commence nonstop Chennai-Belgaum.

SG3461 MAA0725 - 0905IXG DH4 D

SG3462 IXG1915 - 2055MAA DH4 D

SG3464 BLR1735 - 1855IXG DH4 D

SG3463 IXG0925 - 1045BLR DH4 D

SG3467 BLR1115 - 1230IXM DH4 x2

SG3468 IXM1250 - 1405BLR DH4 x2

SG3465 BLR1450 - 1545CJB DH4 x2

SG3466 CJB1605 - 1705BLR DH4 x2

Spicejet is terminating Chandigarh-Jaipur/Jammu/Hyderabad and Jammu-Dehradun, due to Chandigarh's runway closure.
_________________
<a><img></a>

Aseem · Member Joined: 15 Dec 2006 Posts: 2841 Location: YYZ

zubin · Posted: Tue Sep 19, 2017 10:52 pm Post subject:

SpiceJet flight SG 703 from Varanasi overshoots Runway at Mumbai Airport. Passengers evacuated safely.

https://twitter.com/ANI/status/910186708615831552/photo/1

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

Although not related to aviation, it's very much related to SpiceJet.

http://indianexpress.com/article/india/spicejets-ajay-singh-set-to-take-control-of-ndtv-prannoy-roy-radhika-roy-4855381/

SpiceJet’s Ajay Singh set to take control of NDTV

With its founders Prannoy Roy, Radhika Roy and promoter firm RRPR Holding Pvt Ltd facing a CBI probe for allegedly concealing a share transaction, NDTV is set to change hands, it is learnt. Sources confirmed to The Indian Express that Ajay Singh, co-founder and owner of SpiceJet who was part of the BJP’s 2014 poll campaign, has picked up majority holding in the news channel. When asked if NDTV has been sold to SpiceJet’s Ajay Singh, the source said, “Yes, the deal has been finalised and Ajay Singh will take control of NDTV along with editorial rights.”

On June 5, the CBI conducted searches at the residences of the Roys. Calling the raids a “blatant attack on the freedom of the press,” NDTV, in a statement, said that the CBI had filed its FIR based on a “shoddy complaint” by a “disgruntled” former NDTV consultant who has not obtained a “single order from the courts.”

According to the source, Ajay Singh, chairman and managing director for SpiceJet, will have controlling stake in NDTV of around 40 per cent and the promoters Prannoy Roy and Radhika Roy will hold around 20 per cent in the company.

According to the data available with BSE, the promoter holding in NDTV as of June 2017 stood at 61.45 per cent. Public shareholding in the company stands at 38.55 per cent. The source said that Ajay Singh will also pick up NDTV’s debt of over Rs 400 crore and the total deal is valued at around Rs 600 crore.

A part of the cash (up to Rs 100 crore) will also go to the Roys.

When asked about the NDTV deal, a SpiceJet official said “it’s absolutely false and baseless.” Messages and emails sent to NDTV officials did not elicit any response.

A first-generation entrepreneur, Singh acquired SpiceJet in January 2015 and has turned it around. Having coined BJP’s 2014 campaign slogan “abki baar Modi Sarkar,” Singh served as OSD to Pramod Mahajan during the first NDA government. It was in this period that he played an active role in the launch of DD Sports and was also behind the planning of DD News. Singh played a role in 2014 Lok Sabha campaign of the BJP as part of the core advertising/campaigning team.

In 1996, he was asked to serve on the Board of Delhi Transport Corporation and prepare a plan to revamp DTC. He is known to have played a key role in its turnaround and in the two and a half years that he spent at DTC, its fleet rose from 300 to about 6000. He also turned around the grounded ModiLuft and renamed and launched it as SpiceJet
An alumnus of Delhi’s St. Columba’s school, Singh is a graduate of IIT Delhi, an MBA from Cornell University and a Bachelor’s degree in Law (LLB) from Law Faculty, University of Delhi.

Aseem · Member Joined: 15 Dec 2006 Posts: 2841 Location: YYZ

The_Goat · Posted: Fri Sep 22, 2017 7:04 pm Post subject:

iah87 · Member Joined: 17 Apr 2007 Posts: 2566

Caliguy · Posted: Fri Sep 22, 2017 10:09 pm Post subject:

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

abhijith16 · Posted: Sat Sep 23, 2017 11:01 am Post subject:

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

zubin · Posted: Mon Sep 25, 2017 4:01 pm Post subject:

Have they said when they will launch the Delhi - Jaipur - Jaisalmer route?

zubin

abhijith16 · Posted: Mon Sep 25, 2017 5:49 pm Post subject:

abhijith16 · Posted: Fri Sep 29, 2017 8:44 am Post subject:

747-237 · Posted: Sat Sep 30, 2017 7:12 am Post subject:

http://timesofindia.indiatimes.com/business/india-business/bombardier-signs-1-7bn-deal-with-spicejet-for-50-q400-turboprop-planes/articleshow/60885327.cms

Bombardier signs $1.7bn deal with spicejet for 50 q400 turboprop planes

Sep 29, 2017

SpiceJet finalized a purchase agreement with Bombardier Commercial Aircraft for up to 50 Q400 Turboprop aircraft worth $1.7 billion at list prices. This is the largest ever order for Q400 Turboprop and SpiceJet will be the launch customer globally of the extra-capacity, 90-seater Q400.

The purchase agreement includes 25 Q400 turboprops and purchase rights on an additional 25 aircraft. SpiceJet CMD Ajay Singh said: "I am pleased to confirm SpiceJet's latest order for up to 50 Bombardier Q400 planes that was announced in the Paris Airshow. I am sure this fresh order will further enhance connectivity to smaller towns and cities and help realise Prime Minister Narendra Modi's vision of ensuring that every Indian can fly."

"SpiceJet operates India's largest regional fleet and has always been a firm believer in the growth story of India's smaller towns and cities. We have worked hard over the years to put these smaller towns on the country's aviation map and will strive do the same in the times to come," Singh added.

Bombardier Commercial Aircraft president Fred Cromer said: "We are very proud to firm up this agreement with SpiceJet as it is another demonstration of the Q400's unique versatility. This repeat order will not only increase the Q400 aircraft fleet in the fast-growing regional market in India and in the Asia-Pacific region but will also launch the high-density 90-passenger model. This order confirms the airlines' increased capacity needs on regional routes with high passenger demand and demonstrates the increased profitability potential that this unique turboprop configuration has to offer."

SpiceJet has taken delivery of 15 Q400 aircraft since 2010 and it currently operates 20 Q400 aircraft in a 78-seat configuration to domestic and international destinations. SpiceJet had earlier this year placed an order for up to 225 narrow and wide-body jets with Boeing.

_________________
11000 posts (and counting) on Airliners-India.

747-237 · Posted: Sat Sep 30, 2017 12:51 pm Post subject:

https://www.forbes.com/sites/martinrivers/2017/09/29/spicejet-to-boeing-dreamliner-too-expensive-for-low-cost-long-haul-success/

SpiceJet To Boeing: Dreamliner Too Expensive For Low-Cost Long-Haul Success

SEP 29, 2017

SpiceJet has issued a stark warning to Boeing about the 787 Dreamliner, insisting that the next-generation plane is too expensive to catalyze demand in the low-cost long-haul (LCLH) market.

Chairman Ajay Singh says he sees merit in the LCLH business model pioneered by Norwegian Air Shuttle, but only if leasing costs come down for operators.

“It’s a pricing issue,” Singh tells me. “As a concept I think there is potential in this low-cost long-haul business. But to make the fares lower and to offer it profitably, you need to ensure that your costs are significantly lower. And, at the price points at which these aircraft are today, we find that’s a bit of a challenge.”
_________________
11000 posts (and counting) on Airliners-India.

747-237 · Posted: Wed Oct 04, 2017 9:08 pm Post subject:

http://www.livemint.com/Companies/doj5DSTxQUnHukt8LmsJOO/SpiceJet-plans-to-introduce-amphibian-planes-for-regional-se.html

SpiceJet looks to buy seaplanes from Japan’s Setouchi for regional services

Oct 04 2017

SpiceJet is in talks with Japan’s Setouchi Holdings Inc. to buy amphibious plane to increase remote area connectivity in India, the airline said on Wednesday.

The low-fare airline is exploring the introduction of small 10 and 14 seater amphibious plane in places where there are infrastructural challenges.

“With the ability to land in a small or confined space, smaller fixed wing aircraft are the perfect flying machines that can effectively connect the country’s remote cities and airstrips which can in turn revolutionize the regional connectivity scheme,” SpiceJet chairman Ajay Singh said in a statement.

“Even while we are acknowledged as one of the world’s fastest growing markets, the ground reality remains that only about 3% Indians travel by air. Infrastructural challenges have been a key deterrent for providing air connectivity to smaller towns and cities.”

“Under this association, we have already executed land plane demonstrations in Nagpur and Guwahati. As a next step, we would also like to go for seaplane demonstration soon,” said Go Okazaki, executive managing director, Setouchi Holdings Inc.

http://indiatoday.intoday.in/story/spicejet-plans-to-buy-over-100-amphibian-planes/1/1061556.html

SpiceJet plans to buy over 100 amphibian planes

October 4, 2017

SpiceJet plans to purchase more than 100 amphibian planes, estimated to cost USD 400 million, as the no-frills airline looks to boost regional operations, its chief Ajay Singh said today.

With regard to purchase of the up to 14-seater amphibian aircraft, that can operate on land as well as on water bodies, SpiceJet has entered into a Memorandum of Understanding (MoU) with Japans Setouchi Holdings.

Announcing its plans to enhance regional operations, Singh said the MoU is to explore whether the amphibian planes can be used by the airline in a cost effective manner.

"If it is done, it will be done in excess of 100 planes," he said in response to a query on how many amphibian aircraft would be ordered.

Noting that these aircraft are not expensive, he said one amphibian plane costs around USD 4 million. This would translate to a total amount of more than USD 400 million (about Rs 2,600 crore) for over 100 such planes.

"We are studying the commercial viability (of this project). SpiceJet will get involved whatever the structure might be... directly, separately or as part of travel vertical," the airlines Chairman and Managing Director said, adding that the interests of states have also to be assessed.

He was responding to queries about the structure that would be in place to operate amphibian planes.

Speaking to reporters here, Singh said if things move ahead, then the project would be done in one year.

_________________
11000 posts (and counting) on Airliners-India.

Aseem · Member Joined: 15 Dec 2006 Posts: 2841 Location: YYZ

if one is to follow this report, then the aircraft in question could very well be Quest Kodiak.

GF1011 · Member Joined: 02 Jan 2015 Posts: 86

747-237 · Posted: Tue Oct 10, 2017 7:18 am Post subject:

https://www.ch-aviation.com/portal/news/60217-indias-spicejet-scrubs-winter-b787-lease-plans

SpiceJet scrubs winter B787 lease plans

SpiceJet has abandoned previously announced plans to lease in two B787-8s this winter for use in starting long haul, low-cost flights to Europe. Chief Executive Officer (CEO) Ajay Singh told Forbes magazine the Indian budget carrier would instead focus on narrowbody aircraft for the foreseeable future.

On that note, Singh said Boeing would have to dramatically cut prices on its B787 offerings if budget operators such as SpiceJet are to embrace the longhaul niche. Earlier this year, Singh alluded to studying the B787-10 from Boeing and the A350-1000 from Airbus but gave no firm commitment to entering the market.

“As a concept I think there is potential in this low-cost long-haul business," he said. "But to make the fares lower and to offer it profitably, you need to ensure that your costs are significantly lower. And, at the price points at which these aircraft are today, we find that’s a bit of a challenge.”

If and when SpiceJet does eventually make its longhaul debut, Singh said it would target leisure destinations such as Denpasar, Singapore Changi, and Hong Kong Chek Lap Kok as well as cities with large Indian diaspora communities such as London and Birmingham Int'l in the United KIngdom.
_________________
11000 posts (and counting) on Airliners-India.

abhijith16 · Posted: Sun Nov 05, 2017 6:28 am Post subject:

Spicejet to commence new routes from December

[*] 1 daily Ahmedabad-Bangkok effective 07DEC17

SG085 AMD1830 - 0040+1BKK 73H D

SG086 BKK0200 - 0530AMD 73H 67
SG086 BKK0205 - 0530AMD 73H x67

[*] 6 weekly Ahmedabad-Varanasi effective 07DEC17

SG971 AMD0730 - 0915VNS 73H x7

SG972 VNS0955 - 1200AMD 73H x7

[*] 2nd daily Ahmedabad-Bengaluru effective 01DEC17

SG928 AMD2145 - 2355BLR 73H D

SG927 BLR1855 - 2110AMD 73H D

[*] 3rd daily Bengaluru-Kolkata effective 01DECC17

SG812 BLR0555 - 0825CCU 73H D

SG813 CCU0900 - 1130BLR 73H D

[*] 6 weekly Bengaluru-Bagdogra effective 01DEC17

SG814 BLR1200 -1450IXB 73H x2

SG815 IXB1520 - 1825BLR 73H x2
_________________
<a><img></a>

747-237 · Posted: Mon Nov 20, 2017 7:37 pm Post subject:

SpiceJet has added a new Q400 to the fleet today, as VT-SUX.

.......and cue to Sumantra to name this airplane Razz

_________________
11000 posts (and counting) on Airliners-India.

Aseem · Member Joined: 15 Dec 2006 Posts: 2841 Location: YYZ

Lax_lhr · Member Joined: 22 Nov 2017 Posts: 5

Spicejet have applied to serve DEL-MAN 3 weekly next summer.

SG61 DEL 0155 MAN 0610
SG62 MAN 0820 DEL 2110

Daily B77W from April

747-237 · Posted: Thu Nov 23, 2017 10:36 am Post subject:

Lax_lhr · Member Joined: 22 Nov 2017 Posts: 5

I have 2 independent sources but unfortunately they cannot be publicly linkable just yet as they are on internal systems. Hopefully will be made public in time.

747-237 · Posted: Thu Nov 23, 2017 1:12 pm Post subject:

747-237 · Posted: Thu Nov 23, 2017 1:18 pm Post subject:

SpiceJet has added a new Q400 to the fleet today, as VT-SUY.
_________________
11000 posts (and counting) on Airliners-India.

Lax_lhr · Member Joined: 22 Nov 2017 Posts: 5

Edited info as found out they actually want a daily flight, not 3 weekly as suggested.