Saturday , 15 December 2018
Home >> Tag Archives: SpiceJet

Tag Archives: SpiceJet

Spicejet to add 14 flights from Bangalore, Hyderabad to Kochi, Port Blair, Kolkata and more

Low cost carrier Spicejet is adding eight new direct flights from Hyderabad to Kolkata, Pune and Coimbatore. The airline will operate these flights daily commencing on 1st January 2019. Flight No. Origin Destination Departure Arrival Frequency SG 749 Hyderabad Kolkata 7:15 am 9:25 am Daily SG 750 Kolkata Hyderabad 9:55 am 12:05 pm Daily SG 751 Hyderabad Kolkata 4:45 pm …

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SpiceJet Q2FY19 results analysis

SpiceJet Boeing 737-800 VT-SPJ. Photo copyright Devesh Agarwal.

SpiceJet, reported its second quarter results of the fiscal year 2018-19 (FY19) yesterday. Much like the results of other listed airlines, it was a loss for the quarter. SpiceJet Q2FY19 snapshot: Revenues ₹1,9104 crores (up 4%) Costs ₹2,299 crores (up 25%) EBITDAR (₹32.7) crores Profit before tax (PBT): loss of (₹396 crores) Revenue per available seat kilometre (RASK) ₹3.73 Cost per …

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Spicejet takes delivery of first 90 seat Q400

SpiceJet Bombardier Q400 Dash 8 VT-SUB lands at Kempegowda airport Bangalore. Photo by Vedant Agarwal. All rights reserved.

Low cost carrier SpiceJet has taken delivery of Bombardier’s first 90-seat Q400 turbo-prop. The Canadian airframer had announced in February 2016 that it would develop an extra-capacity 90 seat variant of the Q400. Bombardier has accomplished this by redesigning the front right door of the aircraft and moving the aft bulkhead further back. This along with reducing the space between …

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Spicejet operates India’s first bio-fuel flight

Low cost carrier SpiceJet operated India’s first BioJet Fuel powered flight yesterday. The airline operated the flight with a Bombardier Q400 on the Dehradun – Delhi route. The fuel used is a blend of 75% traditional aviation turbine fuel (ATF) and 25% of BioJet fuel. The fuel is made by Jatropha crop and been developed by the CSIR-Indian Institute of …

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SpiceJet first quarter FY2018-19 results analysis

SpiceJet, reported its first quarter results of the fiscal year 2018-2019 (Q1FY19) last week. Much like its rival Indigo, it was a result that reflected the ongoing weakness in the market and was below expectations. Key numbers SpiceJet Q1FY19 results snapshot (in INR) comparisons to Q1FY18 Revenues ₹2,236 crores (up 20%) Costs ₹2,245 crores (up 31%) EBITDAR ₹398 crores (down …

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How the Indian airline industry is attacking AirAsia India

First flight of AirAsia India. Plane at the gate.

Over the last year, the media has covered the various challenges AirAsia India is facing. Ranging from executive level departures late in 2017 onwards, to filing a First Information Report (FIR i.e. a criminal complaint) against former officers of the airline, to CBI (Central Bureau of Investigations) investigations of its director. In this analysis, we explore how the hyper-competitive Indian …

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Spicejet launches training academy for flight crew

Low cost carrier SpiceJet has launched a training center called the Spice Star Academy. The academy will offer students cabin crew training through a six month classroom program and a online course for a Bachelor of Business Administration degree from Amity University. The airline has stated it will offer placement to all students trained under this program. Spicejet is planning …

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FAA expands Boeing 737 engine inspections.

CFM56-7B engine used to power all Boeing 737NG aircraft. CFM Photo.

The United States Federal Aviation Administration (FAA) has followed the European Aviation Safety Agency (EASA) and issued a follow-on emergency airworthiness directive (EAD or AD) and mandated inspection of fan blades on CFM56-7B engines. These engines power the Boeing 737NG aircraft globally. In India, the 737NG forms bulk or all of the fleet of Air India Express, Jet Airways and …

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After Southwest accident, CFM orders inspections for Boeing 737 engines

Jet Airways' Boeing 737-800 VT-JBD

CFM International, the sole supplier of engines powering the Boeing 737 Next-Generation aircraft (the 737-600, 737-700, 737-800, 737-900 and 737-900ER) has issued a new service bulletin in the wake of the Southwest Airlines accident in which a passenger perished. The service bulletin calls for operators of CFM56-7B engines to inspect the fan blades on long-service engines. The Southwest Airlines tragedy, …

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Spicejet to relaunch flights to Hubli

SpiceJet Bombardier Q400 Dash 8 VT-SUB lands at Kempegowda airport Bangalore. Photo by Vedant Agarwal. All rights reserved.

Low cost carrier Spicejet has announced that it will restart operations to Hubli. The airline will operate flights to Hubli from Bangalore, Mumbai, Chennai and Hyderabad. The flights from Chennai and Hyderabad will be under the UDAN regional connectivity scheme and will make Hubli Spicejet’s fifth destination under the scheme. The airline stopped it’s operations to Hubli after a crash …

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IndiGo, AirAsia India, Spicejet top on-time for 2018. Chennai airport tops.

The ramp at Rajiv Gandhi airport, Hyderabad. Photo by Devesh Agarwal. Used with permission. Do not re-use.

Three of India’s low-cost carriers, IndiGo, AirAsia India, and Spicejet feature in the OAG’s Punctuality League 2018 as India’s most punctual airlines. Chennai, Hyderabad, and New Delhi airports also feature in the annual report of airlines and airports with the best on-time performance (OTP) in the world. The best of the best As per the Punctuality League 2018, the most …

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Court favours Delhi airport, but IndiGo and Spicejet resist move to T2

New Delhi IGI airport Terminal 2

In the on-going saga of getting airlines to move to the re-opened Terminal 2 (T2) at the Indira Gandhi airport, the Delhi High Court has passed a judgement favouring the airport operator M/s Delhi International Airport Limited (DIAL). In November, India’s largest domestic airline, Indigo, had approached the court petitioning against DIAL’s efforts forcing IndiGo to shift a part of …

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Analysis: Spicejet first quarter FY2018 results. Several items of concern.

SpiceJet Bombardier Q400 Dash 8 VT-SUB lands at Kempegowda airport Bangalore. Photo by Vedant Agarwal. All rights reserved.

Spicejet’s results for the first quarter of fiscal year 2017-18 were a mixed bag, and we find several items of concern. Bangalore Aviation presents an analysis of the numbers: Results snapshot (all figures in Indian Rupees) Revenues 2,068 crores Costs 1,714 crores EBITDAR 479 crores Profit before tax 177 crores Profit after tax 178 crores Revenue per available seat kilometre …

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Spicejet to buy 40 Boeing 737 MAX 10s

Low cost carrier SpiceJet has signed a memorandum of understanding with Boeing for 40 737 MAX airplanes at the 2017 Paris airshow which kicked off today. The deal, valued at $4.74 billion at current list prices, includes 20 new orders for 737 MAX 10’s and converts 20 of the carriers existing MAX 8 orders to MAX 10’s. With this order …

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Spicejet Q4FY17 results analysis

Spicejet Boeing 737-800WL VT-SGK at New Delhi airport.

Spicejet reported the fourth quarter of fiscal year 2016-2017 results on June 3, 2017, a Saturday, not a working day for the financial markets. The timing of the results announcement was as interesting as the results themselves. Overall, the results were below analyst expectations and are reflective of the intensely competitive fare and capacity environment in Indian aviation. Key financial …

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Spicejet first to use Bangalore airport’s new electronic boarding gate

Spicejet Boeing 737-800WL VT-SGK at New Delhi airport.

Gurugram based low fare carrier SpiceJet is the first airline to use the new electronic board gates at the Kempegowda airport in Bangalore. Spicejet’s departure control system is integrated with the e-Gates and allows passengers to board by self scanning their boarding passes, whether on paper, mobile, or smart watches. The system verifies the pass, and opens the gate is …

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SpiceJet Q3FY17 results analysis: severe turbulence ahead

SpiceJet Boeing 737-800 VT-SPJ. Photo copyright Devesh Agarwal.

Spicejet reported its third quarter (ending December 31) results for the fiscal year ending March 31 2017 (FY2017). With earnings of Rs 181.1 crores, the results were below expectations. As was the case with its competitors, consistent fare sales and aggressive capacity addition added to the revenue pressure but as SpiceJet usually leads in the fare sales and demand stimulation, …

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