SpiceJet

SpiceJet
IATA ICAO Callsign
SG SEJ SPICEJET
Founded
  • 1994 (1994)
    (as ModiLuft)
  • 2004 (2004)
    (as SpiceJet)
Commenced operations23 May 2005 (2005-05-23)
HubsIndira Gandhi International Airport (Delhi)
Secondary hubsRajiv Gandhi International Airport (Hyderabad)
SubsidiariesSpiceXpress
Fleet size97
Destinations73[1]
Traded asBSE500285
NSESPICEJET
ISININE285B01017
HeadquartersGurgaon, Haryana, India[2]
Key people
RevenueDecrease 6,072.55 crore (US$760 million) (2021)[4]
Operating incomeDecrease −1,087.19 crore (US$−140 million) (2021)[4]
Net incomeDecrease −1,029.89 crore (US$−130 million) (2021)[4]
Total assetsDecrease 11,367.61 crore (US$1.4 billion) (2021)[4]
Total equityDecrease −2,604.25 crore (US$−330 million) (2021)[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 November 2023, it is the fourth largest airline in India by number of domestic passengers carried, with a market share of 6.2% and connects 73 destinations, including 60 Indian and 13 international from its bases at Delhi and Hyderabad.

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. ^ Cite error: The named reference Dest was invoked but never defined (see the help page).
  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 December 2021. Archived from the original (PDF) on 15 December 2021.
  5. ^ "SpiceJet to lay off 1,400 employees in cost-cutting measure". Times of India. 12 February 2024.

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