SpiceJet explained

Airline:SpiceJet
Iata:SG
Icao:SEJ
Callsign:SPICEJET
Hubs: (Delhi)
Secondary Hubs:Rajiv Gandhi International Airport (Hyderabad)
Subsidiaries:SpiceXpress
Fleet Size:97
Destinations:73[1]
Traded As:
Isin:INE285B01017
Headquarters:Gurgaon, Haryana, India[2]
Revenue: (2024)[3]
Operating Income: (2024)
Net Income: (2024)
Assets: (2024)
Equity: (2024)
Num Employees:14,578 (2021)
9,000 (2024 estd)[4]

SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana., it is the sixth largest airline in India by number of domestic passengers carried, with a market share of 4%[5] and connects 73 destinations, including 60 Indian and 13 international from its bases at Delhi and Hyderabad.[6]

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.

History

1984–1996: ModiLuft era

See main article: ModiLuft. The origins of SpiceJet can be tracked back to March 1984 when the company was established by Indian industrialist S. K. Modi to provide private air taxi services.[7] On 17 February 1993, the company was named as MG Express and entered into technical partnership with the German flag carrier Lufthansa. The airline provided passenger and cargo services under the name of Modiluft before ceasing operations in 1996.[7]

2005–2013: inception and expansion

In 2004, the company was acquired by Ajay Singh and the airline planned to restart operations as SpiceJet following the low-cost model.[7] SpiceJet leased two Boeing 737-800 aircraft in 2005 and planned to order 10 new aircraft for expansion.[8] SpiceJet opened bookings on 18 May 2005 and the first flight was operated between Delhi and Mumbai on 24 May 2005.[9] By July 2008, it was India's third-largest low-cost carrier in terms of market share after Air Deccan and IndiGo.[10] Indian media baron Kalanidhi Maran acquired 37.7% stake in SpiceJet in June 2010 through Sun Group.[11] [12] The airline ordered 30 Boeing 737-8 aircraft worth July 2010 and a further 15 Bombardier Q4 Dash short-haul aircraft worth in December 2010.[13]

In 2012, SpiceJet suffered a loss of over owing to increase in global crude prices.[14] On 9 January 2012, the Directorate General of Civil Aviation, reported that several airlines in India, including SpiceJet, have not maintained crucial data for the flight operations quality assurance.[15] The Bombay Stock Exchange announced that ever since June 2011, SpiceJet had been suffering losses.[16] In 2012, Kalanidhi Maran increased his stake in the airline by investing in the airline.[17] The airline returned to profits at the end of the same year.[18] SpiceJet entered into an inter airline pact with Tigerair on 16 December 2013 which was scrapped in January 2015.[19]

2014–present: downturn and recovery

In January 2015, the Sun Group sold its entire shareholding and transferred control to Ajay Singh.[20] In September 2017, the airline placed an order for 25 Q400 turboprop aircraft.[21] In 2019, SpiceJet took over 30 aircraft that were grounded by Jet Airways.[22] [23]

The airline posted net losses of US$34.6 million during the fiscal quarter ended 31 March 2021, as revenue fell by 28% annually to $294.8 million. The airline planned to raise funds to the tune of $337.2 million to ensure its long term sustainability.[24] In May 2022, Directorate General of Civil Aviation started a safety investigation into the company's aircraft following a series of incidents involving malfunctioning plane equipment.[25] [26] In July 2022, DGCA imposed restrictions on the number of flights to be capped at 50% of the existent flights with strict monitoring.[27], it is the sixth largest airline in India by number of domestic passengers carried, with a market share of 4%.

Corporate affairs

Business trends

The key trends for SpiceJet are (as of the financial year ending 31 March):[28]

Revenue
(₹crores)		Net profit
(₹crores)		Number of
employees		Number of
passengers
(m)		Passenger
load factor
(%)		Fleet sizeReferences
20146,304−1,0035,639137258[29]
20155,201−6874,185128134[30]
20165,0884505,360129142[31]
20176,1914276,902159249[32]
20187,7605578,447189560[33]
20199,121−3028,55619.99376[34]
202012,375−93711,67524.792114[35]
20215,171−1,03014,5787.77798[36]
20226,604−1,7448,7239.18088[37]
20238,874−1,5137,13112.78776[38]

Ownership and structure

The company is publicly traded under NSE: SPICEJET, with a market capitalization of about as of January 2024.[39] On 30 March 2020, HDFC bought 3.4 crore shares of SpiceJet from the open market constituting 5.45% stake.[40]

Headquarters

SpiceJet is headquartered in Gurgaon, India.[2] Ajay Singh serves as the managing director of the airline since January 2015.[41] The airline's logo consists of 15 dots arranged in three rows of five each in the order of their reducing sizes on a red background. In June 2015, the airline unveiled its current logo with a new tagline Red. Hot. Spicy.[42] SpiceJet names all its aircraft with the name of an Indian spice.[43]

Subsidiaries

Launched in September 2018, SpiceXpress is the air cargo division of the airline.[44] [45] The airline took delivery of its first 737-800 Boeing Converted Freighter (BCF) in September 2019, becoming the first South Asian carrier to induct the converted freighter into its fleet.[46]

Spice Shuttle was a fully owned subsidiary of SpiceJet which operated sea planes and other shuttle airplane services.[47] It terminated services in April 2021.[48]

Destinations

See main article: List of SpiceJet destinations. As of June 2024, SpiceJet operated to 73 destinations, including 60 Indian and 13 international destinations. It operates hubs at Delhi and Hyderabad, which is the primary base for its fleet of Bombardier Q400 aircraft.[49] [50] After completing five years of flying, SpiceJet was allowed to commence international flights by Directorate General of Civil Aviation on 7 September 2010. SpiceJet launched flights from Delhi to Kathmandu and Chennai to Colombo and the first international flight took off on 7 October 2010 from Delhi.[51]

Codeshare agreements

SpiceJet has codeshare agreements with the following airlines:

Fleet

Current fleet

, SpiceJet operates the following aircraft:[54]

SpiceJet Fleet
AircraftIn serviceOrders PassengersNotes
CYTotal
Boeing 737-7002 - - 144144
3149149
Boeing 737-80085 - 186186Older aircraft to be retired.[55]
Deliveries from September 2023.[56]
28189189
Boeing 737-9001 - - 189189
Boeing 737-900ER4 - - 212212
Boeing 737 MAX 813142 - 189189To replace older Boeing 737-800.[57]
Order with 50 options.[58]
De Havilland Canada Dash 8-40010 - - 9090
227878
SpiceXpress Cargo fleet[59]
Boeing 737-700BDSF3 - CargoLaunch customer of its type in India[60]
De Havilland Canada Dash 8-400F[61] 3 -
Total97147

Fleet development

SpiceJet placed its first firm order for 20 Next-Generation Boeing 737-800s in March 2005, with deliveries scheduled up to 2010.[8] In November 2010, the airline ordered 30 Boeing 737-800s.[62] On 9 December 2010, Bombardier Aerospace announced that SpiceJet had placed a firm order for fifteen Q400 NextGen turboprop airliners with options for another fifteen. SpiceJet used its fleet of Q400s for short-haul operations.[63]

In March 2014, the airline signed a deal with Boeing for the procurement of 42 737 MAX 8 aircraft.[64] In 2015, SpiceJet was in talks with both Boeing and Airbus for a possible order of more than 100 single aisle aircraft, either Airbus A320neo or the Boeing 737 MAX with the same being confirmed by managing director, Ajay Singh, in a conference in Dubai.[65]

In January 2017, the airline placed a firm order for 100 737 MAX 8 aircraft, and revealed itself as the airline behind the 13 MAX 8 aircraft previously attributed to an unidentified customer, taking its total order to 155 MAX 8 aircraft with purchase rights for 50 additional MAX 8 and wide-body aircraft.[66] The carrier planned to grow its operational fleet to 200 airplanes and expand regionally with the new 737 MAX family of airplanes.[67] In June 2017, the airline signed a letter of intent with Bombardier to purchase up to 50 Q400 aircraft for catering to growth in passenger traffic arising from its participation in the Indian government's UDAN regional connectivity scheme.[68]

In 2019, SpiceJet announced plans to induct 16 Boeing 737-800 NG to fulfill local and international demands due to the grounding of the Boeing 737 MAX fleet.[69] In May 2020, when Jet Airways ceased operations, the airline placed orders for six additional Boeing 737-800 NG and five Bombardier Q400 to cover the shortage.[70] In June 2023, SpiceJet announced plans to induct 10 Boeing 737 aircraft of which five would be 737 MAX aircraft to cater to the surge in passenger demand.[56]

Services

SpiceJet has moved away from the typical low-cost carrier service model of economy class-only seating.[71] The airline offers premium services under the name SpiceMax, whereby passengers can obtain additional benefits including pre-assigned seats with extra legroom; meals on board; priority check-in and boarding; and priority baggage handling; at a higher fare.[72] Otherwise SpiceJet does not provide complimentary meals in any of its flights. It does sell full in-flight meals on some flights.[71] SpiceJet operates its frequent-flyer programme but does not provide any in-flight entertainment options.[71] SpiceJet has partnered with Tripfactory and EaseMyTrip for selling holiday packages on its platform.[73] [74]

Collaborations

External links

Notes and References

  1. Web site: Route map. Spicejet. 3 January 2024.
  2. Web site: SpiceJet Contact Information, SpiceJet Airlines. Spicejet. 14 September 2010. live. https://web.archive.org/web/20130423230855/http://www.spicejet.com/ContactUs.aspx. 23 April 2013 .
  3. Annual Report - SpiceJet Ltd. 15 July 2024 .
  4. Web site: 2024-02-12 . SpiceJet to lay off 1,400 employees in cost-cutting measure . Times of India . en.
  5. Web site: Reddy . Abhilash . Domestic air passenger traffic rises 4.4% to 1.37 crore in May . 2024-06-15 . Deccan Herald . en.
  6. Web site: Route Map . 2024-06-15 . corporate.spicejet.com.
  7. Web site: Company History – SpiceJet. moneycontrol.com. 30 December 2011. live. https://web.archive.org/web/20120102204743/http://www.moneycontrol.com/company-facts/spicejet/history/SJ01#SJ01. 2 January 2012.
  8. News: India's Spicejet takes 10 Boeings. BBC News. 24 March 2016. live. https://web.archive.org/web/20160405091353/http://news.bbc.co.uk/2/hi/business/4735540.stm. 5 April 2016.
  9. News: Spic(e)y flight: Delhi-Mumbai for Rs 1,599. Times of India. 10 August 2005. 24 March 2016. live. https://web.archive.org/web/20160917221901/http://timesofindia.indiatimes.com/business/india-business/Spicey-flight-Delhi-Mumbai-for-Rs-1599/articleshow/1197332.cms. 17 September 2016.
  10. News: SpiceJet, Modi call truce; to sell 11.5 mn shares. 25 June 2008. Tarun. Shukla. Live Mint. 24 March 2016. live. https://web.archive.org/web/20160405203527/http://www.livemint.com/Companies/drP6yUYfZFCelfFsnilSsK/SpiceJet-Modi-call-truce-to-sell-115-mn-shares.html. 5 April 2016.
  11. News: Kalanithi Maran to buy 37% stake in SpiceJet. The Economic Times. 11 June 2010. 30 August 2010. live. https://web.archive.org/web/20100718072031/http://economictimes.indiatimes.com/Kalanithi-Maran-to-buy-37-stake-in-SpiceJet/articleshow/6037165.cms. 18 July 2010.
  12. News: Kalanidhi Maran buys 37.7 p.c. stake in SpiceJet. The Hindu. 13 June 2010. 8 August 2010. live. https://web.archive.org/web/20100824055836/http://www.thehindu.com/business/companies/article454226.ece. 24 August 2010.
  13. News: SpiceJet order adds to Bombardier's India footprint. Toronto, Canada. 9 December 2010. Reuters. 24 March 2016. live. https://web.archive.org/web/20160405075524/http://in.reuters.com/article/idINIndia-53458520101209. 5 April 2016.
  14. News: Fund infusion critical for SpiceJet. Business Standard. 8 February 2012. Ram Prasad. Sahu. Mumbai, India. 15 February 2012. live. https://web.archive.org/web/20120208124050/http://www.business-standard.com/india/news/fund-infusion-critical-for-spicejet/464005/. 8 February 2012.
  15. News: IndiGo, SpiceJet airlines violate mandatory safety norms: DGCA. India Today. 10 January 2012. 20 January 2012. live. https://web.archive.org/web/20120311183607/http://indiatoday.intoday.in/story/indigo-spicejet-goair-jet-airways-airlines-flout-norms-dgca/1/167838.html. 11 March 2012.
  16. Web site: Standalone Result – 31-Dec-11. Bombay Stock Exchange. 2 March 2012.
  17. News: Marans to pump Rs 100 cr into SpiceJet, up stake to 48.6 pc. CNN-IBN. 3 March 2012. 24 March 2016. dead. https://web.archive.org/web/20150107114820/http://ibnlive.in.com/news/kalanithi-maran-to-pump-rs-100-cr-into-spicejet/235608-7.html. 7 January 2015.
  18. News: SpiceJet returns to profit. The Hindu. 27 January 2013. 24 March 2016. live. https://web.archive.org/web/20140527163117/http://www.thehindu.com/business/spicejet-returns-to-profit/article4328705.ece. 27 May 2014.
  19. News: Tigerair scraps three-year inter-line pact with SpiceJet. Roudra. Bhattacharya. New Delhi, India. Business Standard. 30 January 2015. 24 March 2016. live. https://web.archive.org/web/20160405160628/http://www.business-standard.com/article/companies/tigerair-scraps-three-year-inter-line-pact-with-spicejet-115012900445_1.html. 5 April 2016.
  20. News: SpiceJet changes hand. The Hindu. 15 January 2015. 15 January 2015. Mishra. Laltendu. live. https://web.archive.org/web/20150115140046/http://www.thehindu.com/business/Industry/kalanithi-maran-transfers-spicejet-ownership-to-founder/article6792400.ece. 15 January 2015.
  21. News: Bombardier inks $1.7 bn deal with SpiceJet for 50 jets. 29 September 2017. The Economic Times. 1 December 2023. live. https://web.archive.org/web/20180303131512/https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/bombardier-signs-deal-with-spicejet-for-50-q400-turboprop-planes/articleshow/60884630.cms. 3 March 2018.
  22. News: SpiceJet inducts 22 grounded Jet Airways planes; to add 8 more aircraft. Business Today. 30 May 2019. 1 December 2023. 22 January 2022. https://web.archive.org/web/20220122134104/https://www.businesstoday.in/industry/aviation/story/spicejet-to-induct-8-more-jet-airways-boeing-planes-198749-2019-05-30. live.
  23. News: 22 April 2019. SpiceJet Repaints Grounded Jet Airways' Boeing 737 Planes with Own Livery. News18. 1 December 2023. 22 January 2022. https://web.archive.org/web/20220122134104/https://www.news18.com/news/auto/spicejet-repaints-grounded-jet-airways-boeing-737-planes-with-own-livery-2111663.html. live.
  24. News: Kundu. Rhik. 30 June 2021. SpiceJet posts ₹257 cr quarterly loss, plans to raise ₹2,500 crore. 8 July 2021. mint. 9 July 2021. https://web.archive.org/web/20210709185405/https://www.livemint.com/companies/company-results/spicejet-plans-to-raise-rs2-500-cr-as-airline-reports-loss-for-5th-straight-qtr-11625071381087.html. live.
  25. News: DGCA springs into action after back-to-back incidents involving SpiceJet flights. 17 June 2022. India Today. 4 May 2022. 17 June 2022. https://web.archive.org/web/20220617055744/https://www.indiatoday.in/india/story/dgca-safety-audit-spicejet-flights-after-mishaps-1945448-2022-05-04. live.
  26. News: Suri. Manveena. Marcus. Lilit. India's SpiceJet under investigation after severe turbulence injures passengers. 17 June 2022. CNN. 3 May 2022. en. 17 June 2022. https://web.archive.org/web/20220617055742/https://www.cnn.com/travel/article/spicejet-flight-investigation-india/index.html. live .
  27. News: Saurabh Sinha. 27 July 2022. SpiceJet News: DGCA puts SpiceJet under 'enhanced surveillance', orders airline to operate half of allowed flights this summer. 29 July 2022. The Times of India. 29 July 2022. https://web.archive.org/web/20220729103822/https://timesofindia.indiatimes.com/business/india-business/dgca-acts-against-spicejet-restricts-flights-by-50-for-8-weeks/articleshow/93163964.cms. live .
  28. Web site: SpiceJet - Annual Reports . 2024-08-19 . corporate.spicejet.com.
  29. Web site: SpiceJet Annual Report 13-14 . 18 November 2023 . SpiceJet.
  30. Web site: SpiceJet Annual Report 14-15 . 18 November 2023 . SpiceJet.
  31. Web site: SpiceJet Annual Report 15-16 . 18 November 2023 . SpiceJet.
  32. Web site: SpiceJet Annual Report 16-17 . 18 November 2023 . SpiceJet.
  33. Web site: SpiceJet Annual Report 17-18 . 18 November 2023 . SpiceJet Annual Report 17-18.
  34. Web site: SpiceJet Annual Report 18-19 . 18 November 2023 . SpiceJet.
  35. Web site: SpiceJet Annual Report 19-20 . 18 November 2023 . SpiceJet.
  36. Web site: SpiceJet Annual Report 20-21 . 18 November 2023 . SpiceJet.
  37. Web site: SpiceJet Annual Report 21-22 . 18 November 2023 . SpiceJet.
  38. Web site: Annual Report of SpiceJet 2022-23 .
  39. Web site: SpiceJet Share Price. Money Control. 7 January 2024.
  40. News: HDFC Trustee Company buys 5.45% stake in SpiceJet. Money Control. 30 March 2020. 31 March 2020. 1 April 2020. https://web.archive.org/web/20200401033628/https://www.moneycontrol.com/news/business/companies/hdfc-trustee-company-buys-5-45-stake-in-spicejet-5086071.html. live.
  41. News: I am back at SpiceJet for long run: Ajay Singh. The Times of India. 17 April 2015. TNN. 29 June 2015. Sinha. Saurabh. live. https://web.archive.org/web/20150419053404/http://timesofindia.indiatimes.com/business/india-business/I-am-back-at-SpiceJet-for-long-run-Ajay-Singh/articleshow/46951504.cms. 19 April 2015.
  42. SpiceJet Unveils New Brand Look and Slogan and Launches New Mobile App for Android and iOS as Part of its Ongoing 10th Anniversary Celebrations. SpiceJet. 6 June 2015. 24 March 2016. live. https://web.archive.org/web/20160406025033/http://www.spicejet.com/PressReleaseNewsPage.aspx?strNews=SpiceJetMobileApp. 6 April 2016.
  43. News: SpiceJet's newest Boeing 737BG aircraft named "Red Chilli". The Times of India. 21 January 2016. 24 March 2016. live. https://web.archive.org/web/20160401013510/http://timesofindia.indiatimes.com/articleshow/35996420.cms. 1 April 2016.
  44. News: SpiceJet's air cargo unit SpiceXpress looks to increase capacity, reach. Money Control. 17 October 2018. 25 January 2019. 20 December 2018. https://web.archive.org/web/20181220230259/https://www.moneycontrol.com/news/business/spicejets-air-cargo-unit-spicexpress-looks-to-increase-capacity-reach-3055781.html. live.
  45. News: Majumder. Arindam. 11 June 2021. SpiceJet, IndiGo ready for new war zone as cargo biz continues upward swing. Business Standard India. 25 June 2021. 29 June 2021. https://web.archive.org/web/20210629173955/https://www.business-standard.com/article/companies/spicejet-indigo-ready-for-new-war-zone-as-cargo-biz-continues-upward-swing-121061100046_1.html. live.
  46. News: SpiceJet's cargo arm takes first 737-800BCF. Alfred. Chua. FlightGlobal. 24 September 2019. 1 December 2023. https://web.archive.org/web/20201128144912/https://www.flightglobal.com/programmes/spicejets-cargo-arm-takes-first-737-800bcf/134438.article. 28 November 2020.
  47. News: 1 November 2020. SpiceJet gets 3,000 bookings for seaplane service. 4 December 2020. Indian Express. 2 December 2020. https://web.archive.org/web/20201202165132/https://indianexpress.com/article/business/aviation/spicejet-gets-3000-bookings-for-seaplane-service-6911871/. live.
  48. News: 2022-12-08 . Gujarat seaplane operations stopped due to commercial reasons, Covid: Govt . 2024-06-15 . The Times of India . 0971-8257.
  49. News: Bombardier to land Shamshabad airport in June. The Hindu. 9 April 2011. 30 December 2011.
  50. Web site: Profile on SpiceJet. CAPA Centre for Aviation. 7 June 2016. live. https://web.archive.org/web/20160527065336/http://centreforaviation.com/profiles/airlines/spicejet-sg. 27 May 2016.
  51. News: SpiceJet begins flight service to Delhi, Mumbai. The Hindu. 28 September 2010. 30 December 2011.
  52. News: SpiceJet Enters Into Codeshare Agreement With Dubai-Based Emirates. NDTV. 1 December 2023. 25 November 2019. 26 November 2019. https://web.archive.org/web/20191126022504/https://www.ndtv.com/business/spicejet-enters-into-codeshare-agreement-with-dubai-based-emirates-2138480. live.
  53. Air Communications in the Persian Gulf.. 10 October 2020. Gazetteer of the Persian Gulf, Oman and Central Arabia Online. 12 May 2015. 10.1163/2405-447x_loro_com_110023. 12 March 2023. https://web.archive.org/web/20230312160756/https://referenceworks.brillonline.com/entries/gazetteer-of-the-persian-gulf-oman-and-central-arabia-online/*-COM_110023. live.
  54. Web site: SpiceJet fleet. 26 December 2023. Spicejet.
  55. News: SpiceJet has said that it plans to replace all of its older Boeing aircraft with B737-8s. 24 September 2022. 24 September 2022. https://web.archive.org/web/20220924135105/https://www.ch-aviation.com/portal/news/117923-lessor-asks-indian-regulator-to-deregister-spicejet-b737s. live.
  56. News: SpiceJet to induct 10 Boeing 737 from September. 9 June 2023. 9 June 2023. The Times of India.
  57. News: SpiceJet has said that it plans to replace all of its older Boeing aircraft with B737-8s. 24 September 2022. 24 September 2022. https://web.archive.org/web/20220924135105/https://www.ch-aviation.com/portal/news/117923-lessor-asks-indian-regulator-to-deregister-spicejet-b737s. live.
  58. News: Sharma. Anu. 20 January 2023. How delayed fundraise and the MAX mess hurt SpiceJet. 26 December 2023. mint.
  59. News: India's SpiceJet adds first B737-800 freighter. 24 September 2019. 24 September 2019. 4 April 2020. https://web.archive.org/web/20200404185041/https://www.ch-aviation.com/portal/news/81875-indias-spicejet-adds-first-b737-800-freighter. live.
  60. News: India's SpiceJet to add B737 freighters from 3Q18. CH-Aviation. 2 July 2018. 2 July 2018. 4 April 2020. https://web.archive.org/web/20200404185042/https://www.ch-aviation.com/portal/news/68563-indias-spicejet-to-add-b737-freighters-from-3q18. live.
  61. News: SpiceJet set to expand international cargo operations with A340 freighter. 17 August 2020. 18 August 2020. 19 August 2020. https://web.archive.org/web/20200819105129/https://www.aircargonews.net/airlines/spicejet-set-to-expand-international-cargo-operations-with-a340-freighter/. live.
  62. Boeing, SpiceJet Finalize Order for 30 Next-Generation 737-800s. Boeing. 8 November 2010. 24 March 2016. live. https://web.archive.org/web/20120407055809/http://boeing.mediaroom.com/index.php?s=43&item=1507. 7 April 2012.
  63. Bombardier Sells 15 Q400 NextGen Aircraft to India's SpiceJet. Bombardier. 9 December 2010. 24 March 2016. live. https://web.archive.org/web/20130317125758/http://www.bombardier.com/en/corporate/media-centre/press-releases/details?docID=0901260d8014a144. 17 March 2013.
  64. News: Boeing, SpiceJet ink $4.4 Bn deal for 737-8 Max aircraft at India Aviation 2014. Bihar Prabha. 12 March 2014. 15 January 2015. live. https://web.archive.org/web/20150101143623/http://news.biharprabha.com/2014/03/boeing-spicejet-ink-4-4-bn-deal-for-737-8-max-aircrafts-at-india-aviation-2014/. 1 January 2015.
  65. News: SpiceJet in talks with aircraft makers to purchase planes. The Economic Times. 27 August 2015. 24 March 2016. live. https://web.archive.org/web/20160827125156/http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/spicejet-in-talks-with-aircraft-makers-to-purchase-planes/articleshow/48699760.cms. 27 August 2016.
  66. News: Kotoky. Anurag. Park. Kyunghee. Boeing loosens Airbus's India grip with $22 billion SpiceJet win. The Economic Times. 14 January 2017. 15 January 2017.
  67. News: Boeing 737: Orders and Deliveries (updated monthly). Reuters. 19 June 2017. 19 June 2017. live. https://web.archive.org/web/20170619155313/http://www.reuters.com/article/us-boeing-spicejet-idUSKBN19A1ME. 19 June 2017.
  68. Bombardier Signs a Letter of Intent with SpiceJet for up to 50 Q400 Aircraft - Bombardier. Bombardier. 1 December 2023. live. https://web.archive.org/web/20170909143125/http://www.bombardier.com/en/media/newsList/details.bca-20170620-spicejetq400.bombardiercom.html. 9 September 2017.
  69. News: Will induct 16 Boeing 737-800 NG aircraft on dry lease: SpiceJet. 12 April 2019. 27 March 2020. The Economic Times. 31 January 2020. https://web.archive.org/web/20200131153428/https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/will-induct-16-boeing-737-800-ng-aircraft-on-dry-lease-spicejet/articleshow/68844016.cms. live.
  70. News: SpiceJet, Air India step in to clean up after Jet Airways. Gireesh Chandra. Prasad. Rhik. Kundu. 20 April 2019. Mint. 27 March 2020. 20 November 2020. https://web.archive.org/web/20201120031020/https://www.livemint.com/companies/news/jet-airways-crisis-spicejet-air-india-step-in-to-soften-blow-to-indian-aviation-industry-1555717072015.html. live.
  71. Web site: General Travel FAQ's. SpiceJet. 13 November 2013. live. https://web.archive.org/web/20131112135849/http://www.spicejet.com/GeneralAirTravelFaq.aspx. 12 November 2013.
  72. Web site: Enjoy the SpiceMax experience with SpiceJet. SpiceJet. 13 March 2016. live. https://web.archive.org/web/20160313015826/http://book.spicejet.com/RetrieveBooking.aspx?AddSeat=true. 13 March 2016.
  73. News: SpiceJet ties up with tripfactory for selling holiday packages. Chowdhury. Anirban. 29 May 2014. The Economic Times. 7 February 2018. live. https://web.archive.org/web/20180208004543/https://economictimes.indiatimes.com/industry/services/travel/spicejet-ties-up-with-tripfactory-for-selling-holiday-packages/articleshow/35732755.cms. 8 February 2018.
  74. News: SpiceJet joins hands with travel portal EaseMyTrip. 30 September 2021. Moneycontrol. 30 September 2021. https://web.archive.org/web/20210930062700/https://www.moneycontrol.com/news/business/spicejet-joins-hands-with-travel-portal-easemytrip-7522811.html. live .
  75. Web site: 2023-07-25 . SpiceJet partners with CleverTap to enhance customer experience . 2024-05-08 . Financialexpress . en.
  76. Web site: 2023-09-21 . Mankind Pharma partners with SpiceJet, elevating brand awareness through plane displays . 2024-05-08 . afaqs! . en.
  77. Web site: 2024-02-17 . SpiceJet's bold move to reshape Indian skies - Travel And Tour World . 2024-05-08 . en-US.

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