7 March 2005, New Delhi: In a significant development, Airports Authority of India has given the all-critical permission for overnight parking slots to SpiceJet, the low fare, no- frills carrier brand from Royal Airways Ltd.. The Airports Authority of India has allowed two overnight parking slots at IGI airport, New Delhi and one slot at CSI, Mumbai. SpiceJet is now on track for a May launch with the necessary parking slot approvals and the impending arrival of three Boeing 737 – 800’s in April.

Disclosing this development, Siddhanta Sharma, Chairman Royal Airways added, “Keeping in mind the likely competition in the aviation sector and the current infrastructure limitations in Mumbai and Delhi, this approval will be a significant competitive advantage for SpiceJet and will enable us to commence operations on schedule”.

With a young, modern fleet, SpiceJet, a low-fare, no-frills airline, promises to take flying to the masses by offering quality air travel at very affordable prices. The airline is backed by a team of professionals with the necessary depth of experience in operating low-fare airlines. The company is leasing its first three Boeing 737-800 Jet aircraft and has placed orders for up to 20 Boeing Next-Generation 737-800 airplanes for routes within India.