Tag Archives: SpiceJet

Jet Airways uses Boeing 737 Performance Improvement Package and other measures to reduce fuel consumption

For little over a year now, US airframer Boeing, has been offering a ‘Performance Improvement Package’ (PIP) on its best selling 737NG aircraft. This includes the 737-800, 737-700 and 737-900ER, operated, in India, by the Jet Airways group and SpiceJet. PIP combines aerodynamic and engine performance improvements to reduce fuel burn by up to 2%. Boeing began performance improvement testing …

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SpiceJet Q1 FY 2013 financial and operations analysis

When Gurgaon based low cost carrier (LCC) SpiceJet reported a net, pre-tax profit of more than Rs. 56 Crore in the first quarter of fiscal year 2012-2013, it represented a huge positive step for the Indian airline industry. After SpiceJet had slipped to a large net loss for fiscal year 2011-2012, mirroring the performance of the industry as a whole …

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Coincidence in the registration series of Jet Airways’ 737s VT-JFx and IndiGo’s A320s VT-IFx

This is an interesting snippet and for the interest of plane spotters. At present, the two leading airlines in India are Jet Airways and IndiGo; and they also happen to be aggressively adding aircraft to their fleet. By sheer coincidence, the registration sequences for the new aircraft for both these airlines happen to be very similar. Jet’s new Boeing 737s are …

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SpiceJet Fiscal Year 11-12 Financial Analysis – Too much growth and high fuel prices offset strong cost discipline

As with all of the Indian airlines, Delhi based low cost carrier SpiceJet faced disappointing financial results in the fourth quarter and full year of fiscal year 2012, posting a net loss of Rs. 605.8 Crore for FY 11-12 and Rs. 249.2 for Q4. After large net losses at India’s two other publicly traded carriers Kingfisher and Jet Airways, SpiceJet’s …

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SpiceJet adds flights between Delhi and Jaipur – growing guar bean industry a factor?

SpiceJet will be adding daily nonstop service between Delhi and Jaipur with schedule as followsSG 133 –> DEL –>JAI –> D – 07:15 A -08:00 –> 737 –> Daily SG 218 –> DEL –>JAI –> D – 20:40 A -21:15 –> 737 –> Daily This flight will be operated in conjunction with SpiceJet’s Mumbai-Jaipur services, as one aircraft will be …

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Special Report: Jet Airways 2012 Financial Analysis and 2013 Outlook

Jet Airways reported a large net pre-tax loss (Jet Airways and JetLite combined) of Rs. 1,331 Crore for fiscal year 2012, a very disappointing result. Revenue and passenger growth were robust as usual at 14.8% and 16.3% respectively. But the carrier’s net margin of -8.5% is indicative of tangible flaws in the business, and goes beyond the explanations of higher …

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Analysis: IndiGo plots international and domestic expansion

Less than a year after it commenced international operations, India’ s largest low cost carrier (LCC) IndiGo, is planning a massive expansion of its Dubai operations, adding four new flights to its current two daily flights (one each from Mumbai and Delhi). Additionally, the carrier will add a second daily flight between Delhi and Bangkok. The carrier, which operates 57 …

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How India’s airline market lost its way

The following was posted as a guest post over at The Wandering Aramean, a great travel blog written by Seth Miller which also doubles as a travel tool site. Be sure to check his site out, and stay tuned, as we will have some guest content from him this week. When India’s Jet Airways, Kingfisher Airlines, and SpiceJet all recently …

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SpiceJet to commence Dubai flights from Mumbai and Delhi

After almost two years after it commenced international flights, low fare carrier SpiceJet is expanding its destination portfolio by adding Dubai. The airline will commence daily flights from Delhi and Mumbai to Dubai later this month from June 25th. The flights will be operated by narrow body Boeing 737-800 aircraft and SpiceJet has announced a special inaugural fare of Rs. …

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Nine months on, SpiceJet loves its Bombardier Q400 aircraft

Just a little over nine months ago, Indian low fare carrier SpiceJet took delivery of its first Bombardier Q400 turbo-prop on August 26th last year, and commenced commercial flights with the aircraft on September 21st. In a recent internal publication, aircraft manufacturer Bombardier, claimed a 99.8% despatch reliability for the Q400 at SpiceJet, an enviable number considering the high and …

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Infographics: April Data for the Indian Airline Market

The image above shows the load factors at each of India’s airlines. Considering that Kingfisher has shrunk so much, it is surprising that their seat factor has not elevated past its pre-downsize levels. The image above shows on-time performance for April. Two interesting things to note about the data. First, Kingfisher’s OTP has come back down to earth. In earlier …

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SpiceJet Q3 Fiscal 2012 financial analysis: Q400 operations cushion the loss

The second financial analysis for the third quarter in India is of low fare carrier SpiceJet, who mirrored the performance of the industry by losing Rs. 39.26 crore in Q3 of Fiscal Year 2011~2012 (FY2012). Revenue growth for SpiceJet was strong, rising 41% to Rs. 1,175.8 Crore from Rs. 759 Crore Passengers carried were up 29.2% to 3.08 million; beating …

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Bangalore Aviation photographer wins 3rd SpiceJet plane spotting contest

For the third year in succession low fare carrier SpiceJet has sponsored a plane spotting contest via its Facebook page. In fact SpiceJet still remains the only Indian airline promoting such a contest. This year, Bangalore Aviation editor and photographer, Devesh Agarwal’s photograph of SpiceJet Boeing 737-800 VT-SPJ taking off from Mumbai’s runway 09 at sunset, was adjudged to have …

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FDI is not a panacea; but a step in the right direction

When new Indian civil aviation Minister Ajit Singh announced that the national government would soon begin the process of allowing 49% foreign direct investment (FDI) by international carriers into India’s airlines Tuesday, India’s flailing airline industry breathed a heavy sigh of relief. Following a 75 minute meeting with finance minister Pranab Mukherjee, Singh stated, “the question was to allow foreign …

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2011 Indian airline industry review – From cautious optimism to an uncertain future

In contrast to the positive note I ended my US airline review for 2011 on, the Indian industry most certainly had a bad year in 2011. The shine is certainly off the fast growing Indian market, and the cautious optimism noted at the end of 2010 has turned back into fear. Airlines and airports have continued to invest in their …

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Boeing delivers its 200th Boeing Sky Interior fitted 737

Norwegian Air Shuttle ASA, one of the launch customers of the new Boeing Sky Interiors (BSI) fitted 737s took delivery of a new BSI equipped 737-800, its 18th and Boeing’s 200th such aircraft delivered. Introduced in October 2010, the 737 Boeing Sky Interior features new sculpted sidewalls and windows. LED (light emitting diode) based lighting allows the airline to provide …

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UPDATE: SpiceJet posts Rs. 240 Cr. loss in Q2 FY 2012 on rising fuel costs

Gurgaon based low fare carrier SpiceJet has posted a loss of Rs. 240 Crore for the second quarter of fiscal 2011~2012, a sharp increase from the Rs. 72 Cr it had posted in the first quarter. The airline had posted a profit for the same quarter last year. More details shortly UPDATE: Partial financial results below We will be doing …

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Podcast – India overview. Kingfisher LCC withdrawal, IndiGo results, SpiceJet’s Q400 success

By Devesh Agarwal In this India overview podcast Vinay Bhaskara, Addison Schonland, and myself, cover: the announcement of Kingfisher Airlines to withdraw from the LCC segment and what could some of the reasons behind this announcement. The continued financial success of IndiGo as announced by their results The astounding initial success of the recently commenced Q400 turbo-prop service of SpiceJet. …

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VIDEO: Making of SpiceJet’s Q400 tubro-prop

Thanks to kind friends at SpiceJet and Bombardier for your enjoyment. It is five days of holiday to celebrate the Ayudha Pooja and Dassera festival, and we extend all our supporters warmest holiday wishes.

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Indian and global commercial aviation news briefing: September 28th

by Devesh Agarwal India top news SpiceJet passenger loads on Q400 flights exceeding expectations within a week of commencing serviceSources inside the airline have told Bangalore Aviation that the passenger load factors on their Q400 operations have smashed the airline’s expectations within the first week of travel itself. On almost all routes, the passenger load factors are exceeding the break-even …

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