SpiceJet

Infobox Airline
airline=SpiceJet

logo_size= 221
IATA=SG
ICAO=SEJ
callsign=SPICEJET
parent=
company_slogan=
founded=May 2005
headquarters=New Delhi, India
key_people=
hubs=

* Chatrapati Shivaji International Airport
* Indira Gandhi International Airport
* Rajiv Gandhi International Airport
* Sardar Vallabhbhai Patel International Airport

focus_cities=

* Chennai International Airport
* Bengaluru International Airport

lounge=
alliance=
fleet_size=21 (+ 17 Orders)
destinations=18
website= http://www.spicejet.com

SpiceJet is a low-cost airline based in New Delhi, India. It began service in May 2005 and by 2008, it was India's second-largest low-cost airline in terms of market share. [http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=JETIN:IN&sid=a11jkP8CkFI4]

SpiceJet was voted as the best low-cost airline in South Asia and Central Asia region by Skytrax in 2007. [ [http://www.worldairlineawards.com/Awards_2007/ResultsFull.htm Full results by region for the World Airline Awards ] ] Rising fuel costs and increasing competition resulted in SpiceJet posting a loss in the first quarter of 2008-09. [http://www.stockwatch.in/spicejet-declares-a-loss-rs-1292-crore-first-quarter-200809-21134] In August 2008, SpiceJet announced plans to raise US$100 million through foreign investment. [http://economictimes.indiatimes.com/Corporate_Announcement/SpiceJet_to_get_100_m_from_WL_Ross_Goldman/articleshow/3353391.cms]

History

SpiceJet was earlier known as Royal Airways, a reincarnation of ModiLuft. it was promoted by Ajay Singh, Sanjay Malhotra and the Kansagra family.

SpiceJet marked its entry in service with Rs. 99 fares for the first 99 days, with 9000 seats available at this rate.

This deal was followed it up with a Rs. 999 promotional scheme on select routes. Their marketing theme "offering low 'everyday spicy fares' and great guest services to price conscious travelers. Their aim is to compete with the Indian Railways passengers travelling in AC coaches.

On July 15, 2008 Billionaire Wilbur Ross suggested he would invest $80 million (about Rs 345 crore) in the low cost airline. The board of directors of SpiceJet accepted an offer in-principle from the US-based PE firm that would make available about Rs 345 crore to SpiceJet, a joint statement issued by SpiceJet and WL Ross & Co. [ Rediff: Wilbur Ross invests Rs 345 cr in SpiceJet, http://www.rediff.com/money/2008/jul/15spice.htm ]

Baggage allowance

One of the other cost-cutting feature of Spicejet is to allow only 20 kg of luggage with each passenger. No extra allowance is given to international passengers. In addition, it allows to carry one small hand bag in addition to small personal items; such as a ladies purse/hand bag, an overcoat or blanket, an umbrella/walking stick, a reasonable amount of reading material, a small camera or binoculars, baby food for guests traveling with an infant, or a laptop.

Fleet

The SpiceJet fleet consists of the following aircraft as of August, 2008:

Aircraft are also seasonally leased from Dutch low-cost carrier, Transavia.

Livery

Spicejet's primary livery is white, with red on the tail end. The word "Spicejet" appears on the front of the aircraft. The company logo with dots in centrifugal pattern increasing size is also present in the tail end. The winglets are red in color.

Destinations

Spicejet serve the following destinations within India:
*Ahmedabad - Sardar Patel Airport Hub
*Bagdogra - Bagdogra Airport
*Bangalore - Bangalore Airport
*Chennai - Meenambakkam Airport Hub
*Coimbatore - Peelamedu Airport
*Delhi - Indira Gandhi Airport Hub
*Goa - Dabolim Airport
*Guwahati - Lokapriay Gopinath Bordoloi International Airport
*Hyderabad - Shamshabad Airport Hub
*Jaipur - Sanganer Airport
*Jammu - Satwari Airport
*Kolkata - Subhash Chandra Bose Airport Hub
*Mumbai - Chhatrapati Shivaji Airport Hub
*Pune - Lohegaon Airport
*Srinagar - Sheikh ul Alam Airport
*Varanasi - Babatpur Airport
*Visakhapatnam - Visakhapatnam Airport

References

* [http://www.airlinerworld.com/ Airliner World April 2005 issue]
* [http://www.hindu.com/2005/05/18/stories/2005051803371700.htm The Hindu : Business : SpiceJet to launch operations on May 23]
* [http://economictimes.indiatimes.com/articleshow/1211274.cms The Economic Times - SpiceJet to sell 9,999 seats for Rs 999]
* [http://www.boeing.com/news/releases/2005/q1/nr_050209g.html Boeing, SpiceJet in Agreement for Up to 20 Next-Generation 737-800s]

External links

* [http://www.spicejet.com SpiceJet]
* [http://www.ch-aviation.ch/aircraft.php?search=set&airline=SPJ&al_op=1 SpiceJet Fleet]