Tag Archives: SpiceJet

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 …

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 …

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 …

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 …

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 …

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 …

Even during a lull, the Indian civil aviation market never ceases to keep one on their toes. The recent weeks have seen three Chief Executives of Indian carriers in the news. First, Aditya Ghosh of IndiGo put in his papers after steering the ship for over ten years, apparently under pressure from the promoters. Amar Abrol of AirAsia India is …

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 …

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, …

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 …

Low cost carriers Indigo and Spicejet have announced that they will move certain flights to Delhi airport’s terminal 2 on 25 March 2018. For those unfamiliar with the history, in mid 2017 Delhi airport announced plans to expand terminal 1. To facilitate this expansion the airport needed some of the terminal’s existing traffic to move to terminal 2. The airport …

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 …

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 …

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 …

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 …

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, …

Indian low fare carrier, Spicejet, has signed a record order with Chicago USA based Boeing for 100 737 MAX 8s thus signalling its resurgence from a near collapse two years ago. The carrier already has a firm order for 55 737 MAX 8s, and it has purchased options for up to 50 additional Boeing aircraft including wide-bodies, which are suspected …

Low cost carrier SpiceJet has maintained the highest on time performance (OTP) of all the domestic carriers operating from Delhi Airport in the month of December. Winter usually sees many delays and diversions in the smog of the capital – SpiceJet has posted the highest OTP at the metro for the last three months. Coming in the second slot was …