SpiceJet

This article is about the airline of India. For the Japanese regional aircraft, see Mitsubishi SpaceJet.

SpiceJet
IATA ICAO Call sign
SG SEJ SPICEJET
Founded
  • 1994; 30 years ago (1994)
    (as ModiLuft)
  • 2004; 20 years ago (2004)
    (as SpiceJet)
Commenced operations24 May 2005; 19 years ago (2005-05-24)
Operating bases
SubsidiariesSpiceXpress
Fleet size97
Destinations73[1]
Traded asBSE: 500285
NSE: SPICEJET
ISININE285B01017
HeadquartersGurgaon, Haryana, India[2]
Key people
RevenueDecrease ₹8,524 crore (US$1.0 billion) (2024)[4]
Operating incomePositive decrease ₹−423 crore (US$−51 million) (2024)[4]
Net incomePositive decrease ₹−423 crore (US$−51 million) (2024)[4]
Total assetsDecrease ₹6,472 crore (US$780 million) (2024)[4]
Total equityDecrease ₹−5,218 crore (US$−630 million) (2024)[4]
Employees14,578 (2021)[4]
9,000 (2024 estd)[5]
Websitewww.spicejet.com

SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana. As of June 2024, it is the sixth largest airline in India by number of domestic passengers carried, with a market share of 4%[6] and connects 73 destinations, including 60 Indian and 13 international from its bases at Delhi and Hyderabad.[7]

Established as air taxi provider ModiLuft in 1994, the company was acquired by Indian entrepreneur Ajay Singh in 2004 and renamed to SpiceJet. The airline operated its first flight in May 2005. Indian media baron Kalanidhi Maran acquired a controlling stake in SpiceJet in June 2010 through Sun Group which was sold back to Ajay Singh in January 2015. The airline operates a fleet of Boeing 737 and Bombardier Dash 8 aircraft.

  1. ^ "Route map". Spicejet. Retrieved 3 January 2024.
  2. ^ "SpiceJet Contact Information, SpiceJet Airlines". Spicejet. Archived from the original on 23 April 2013. Retrieved 14 September 2010.
  3. ^ Stock Exchange Intimation dated November 11, 2020 for CFO Appointment (PDF) (Report). 11 November 2020. Archived from the original (PDF) on 27 February 2021. Retrieved 8 June 2021.
  4. ^ a b c d e f Annual Report - SpiceJet Ltd (PDF) (Report). 15 July 2024.
  5. ^ "SpiceJet to lay off 1,400 employees in cost-cutting measure". Times of India. 12 February 2024.
  6. ^ Reddy, Abhilash. "Domestic air passenger traffic rises 4.4% to 1.37 crore in May". Deccan Herald. Retrieved 15 June 2024.
  7. ^ "Route Map". corporate.spicejet.com. Retrieved 15 June 2024.