SpiceJet
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.
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| Founded |
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| Commenced operations | 23 May 2005 | ||||||
| Hubs | Indira Gandhi International Airport (Delhi) | ||||||
| Secondary hubs | Rajiv Gandhi International Airport (Hyderabad) | ||||||
| Subsidiaries | SpiceXpress | ||||||
| Fleet size | 99 | ||||||
| Destinations | 73 | ||||||
| Traded as | BSE: 500285 NSE: SPICEJET | ||||||
| ISIN | INE285B01017 | ||||||
| Headquarters | Gurgaon, Haryana, India | ||||||
| Key people |
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| Revenue | ₹6,072.55 crore (US$760 million) (2021) | ||||||
| Operating income | ₹−1,087.19 crore (US$−140 million) (2021) | ||||||
| Net income | ₹−1,029.89 crore (US$−130 million) (2021) | ||||||
| Total assets | ₹11,367.61 crore (US$1.4 billion) (2021) | ||||||
| Total equity | ₹−2,604.25 crore (US$−330 million) (2021) | ||||||
| Employees | 14,578 (2021) 9,000 (2024 estd) | ||||||
| Website | www | ||||||
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.
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