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Spicejet News -- Part 6
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747-237
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PostPosted: Tue Jun 20, 2017 4:22 pm    Post subject: Reply with quote

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.

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PostPosted: Fri Jun 23, 2017 7:38 am    Post subject: Reply with quote

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
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747-237
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PostPosted: Tue Jun 27, 2017 11:18 am    Post subject: Reply with quote

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.

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747-237
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PostPosted: Sat Jul 01, 2017 3:58 pm    Post subject: Reply with quote

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.

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PostPosted: Sat Jul 22, 2017 12:25 pm    Post subject: Reply with quote

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.
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747-237
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PostPosted: Thu Aug 17, 2017 8:05 am    Post subject: Reply with quote

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.

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Caliguy
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PostPosted: Thu Aug 17, 2017 7:25 pm    Post subject: Reply with quote

747-237 wrote:
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.


This is such a PR circus. I love that this is playing out in the press. No one other than aviation geeks like us care. How the Indian press is used as a tool (and probably paid tool) is both funny and sad.

I still say India should basically only give the option of merging the seat count so that there is one UAE quota (and that too on the condition of slots in Dubai being available). This is the only way the UAE will see more pax coming to their country. If their individual kingdoms can't play nice with each other why is that India's concern? India has the power in the situation - USE IT. And if the UAE allows this, it is a win for both (instead of the usual India gave more and got less).
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747-237
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PostPosted: Fri Aug 18, 2017 6:56 am    Post subject: Reply with quote

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.

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PostPosted: Fri Sep 08, 2017 8:28 am    Post subject: Reply with quote

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.

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PostPosted: Sat Sep 09, 2017 1:07 pm    Post subject: Reply with quote

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

SG3213 IXS0805 - 0850GAU0915 - 1020DIB DH4 D

SG3214 DIB1040 - 1205GAU1230 - 1310IXS DH4 D
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PostPosted: Mon Sep 11, 2017 8:31 pm    Post subject: Reply with quote

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.

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PostPosted: Fri Sep 15, 2017 8:31 pm    Post subject: Reply with quote

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.
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PostPosted: Sat Sep 16, 2017 1:23 am    Post subject: Reply with quote

747-237 wrote:
https://www.ch-aviation.com/portal/news/59341-indian-lcc-spicejet-eyes-amphibian-operations

Indian LCC Spicejet eyes amphibian operations

.


Where are they going to use them? Kerala to Lakshadweep or maybe between South Gujrat and Saurashtra?

or maybe between ghats of Kolkatta and Patna Twisted Evil

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PostPosted: Tue Sep 19, 2017 10:52 pm    Post subject: Reply with quote

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

https://twitter.com/ANI/status/910186708615831552/photo/1
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PostPosted: Fri Sep 22, 2017 9:31 am    Post subject: Reply with quote

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.
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PostPosted: Fri Sep 22, 2017 6:19 pm    Post subject: Reply with quote

5Patel wrote:
He also turned around the grounded ModiLuft and renamed and launched it as SpiceJet


Interesting reminder about aviation history.

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PostPosted: Fri Sep 22, 2017 7:04 pm    Post subject: Reply with quote

abhijith16 wrote:
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.


What a pointless flight!

What can the demand be between these two cities?

Just because it is under Udaan and is subsidized by the govt does not mean that these companies can start routes with zero demand.
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PostPosted: Fri Sep 22, 2017 8:51 pm    Post subject: Reply with quote

The_Goat wrote:
abhijith16 wrote:
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.


What a pointless flight!

What can the demand be between these two cities?

Just because it is under Udaan and is subsidized by the govt does not mean that these companies can start routes with zero demand.


Hyderabad - Mangalore has not been terminated, it is still operational.

As far demand - HYD to Jabalpur was introduced and it has caught on and also HYD to Madurai, which is still going strong. So unless the airline tries, one cannot determine especially on the newer routes, could be potential for connection traffic.

Some airline tried BLR-Pondicherry and MAA-Salem, but they were cancelled due to lack of traffic. They should try BLR-Tiruchy, it may have greater potential. I guess in air traffic distance matters, cities which are too close do not have the potential.
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PostPosted: Fri Sep 22, 2017 10:09 pm    Post subject: Reply with quote

The_Goat wrote:
abhijith16 wrote:
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.


What a pointless flight!

What can the demand be between these two cities?

Just because it is under Udaan and is subsidized by the govt does not mean that these companies can start routes with zero demand.


I think this is not really meant for HYD-PNY but rather to connect PNY to the rest of India and the world. I guess MAA was too close to justify the flight. There must be some demand between HYD-PNY and/or SpiceJet has a big enough presence in HYD that PNY gets connected to a large number of cities one stop. To me this is what these type of small city programs should do.
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PostPosted: Sat Sep 23, 2017 9:26 am    Post subject: Reply with quote

iah87 wrote:
As far demand - HYD to Jabalpur was introduced and it has caught on...
At least for the HYD-JLR route, I can say this with quite a bit of certainty. The demand was there, and that is why not one but two airlines introduced flights on the route. Much before Air India Regional had the capacity, and SpiceJet had introduced this flight, a casual chat with an industry insider told me that the numebrs were there. Jabalpur in general is a medium-yield destination, so the AT7-Q4 type of planes do well. There is some decent demand from Jabalpur as such, and yes, Delhi and Mumbai are the top grossers, but HYD has a decent demand as well. Industry insiders typically study passenger movement patterns with alternative modes of transport as well. Air India Regional's basing an AT7-6 in BHO for regional connectivity was only a matter of time, when they got an aircraft for the purpose.
Cheers, Sumantra.
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PostPosted: Sat Sep 23, 2017 11:01 am    Post subject: Reply with quote

The_Goat wrote:
abhijith16 wrote:
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.


What a pointless flight!

What can the demand be between these two cities?

Just because it is under Udaan and is subsidized by the govt does not mean that these companies can start routes with zero demand.


Are you sure though that there is absolutely no demand for a flight like this...? Because it seems too presumptious to begin with that argument right out of the bat.

Secondly, Spicejet announced it was not taking any subsidy or VGF for any of these flights - so there must be some reason why they are super confident. Maybe, the no competition on these routes mandated under UDAN might be helping...?

Either way, Spicejet will be commencing their next UDAN route very shortly - Delhi-Jaipur-Jaisalmer.
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PostPosted: Sat Sep 23, 2017 9:55 pm    Post subject: Reply with quote

abhijith16 wrote:
Either way, Spicejet will be commencing their next UDAN route very shortly - Delhi-Jaipur-Jaisalmer.
I am actually looking forward to this neat route: DEL-JAI is always going to be a big grosser. Jaisalmer gets a huge tourist demand (though it is a bit seasonal: the summers do not see that much patronisation, for obvious reasons). The UDAN connection may serve to increase the demand, and SG will possibly do well, given that they have the right aircraft for the route as well. SG haven't loaded this onto their schedules yet.
Cheers, Sumantra.
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PostPosted: Mon Sep 25, 2017 4:01 pm    Post subject: Reply with quote

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

zubin
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PostPosted: Mon Sep 25, 2017 5:49 pm    Post subject: Reply with quote

The_Goat wrote:


What a pointless flight!

What can the demand be between these two cities?

Just because it is under Udaan and is subsidized by the govt does not mean that these companies can start routes with zero demand.


So far, it seems Spicejet may be vindicated by their choice -

For the month of August - Hyderabad-Puducherry saw 1,139 pax out of 1,170 seats - a load of 97%, while Puducherry-Hyderabad saw 1,069 pax out of 1,170 seats - a load of 91%.

Even Spicejet's other routes (Mumbai-Kandla/Porbandar) have yet to achieve such loads (these flights are not doing too bad - 80%+ average LF)

Source - DGCA data for August 2017.

zubin wrote:


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

zubin



They haven't mentioned it publicly yet - but Spicejet has put Jaisalmer onto their booking engine, with Delhi and Jaipur as possible destinations. They may load the flight for sale in a few weeks time.
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