Archive for 2008/08


SpiceJet declares Q1, FY09 results

Witnessed 72% growth in Operating Revenue from Rs. 265 crores to Rs. 457 crores 39% growth in number of flights 37 % increase in Average fare realization from Rs. 2389 to Rs. 3278 24 % increase in Revenue per flight 10 % increase in Revenue per Available Seat Kilometre 280 basis point increase in On [...]

SpiceJet honours Sushil Kumar

New Delhi, August 20, 2008: SpiceJet Limited honours Sushil Kumar, Freestyle wrestler for bringing home the second Olympic medal for India by according him the Flying for Life recognition. Winner of the Bronze medal in the Beijing Olympics in men’s freestyle wrestling 66 kg, Sushil Kumar can now travel free on SpiceJet’s domestic network all [...]

SpiceJet launches ‘Freedom to Fly’ for The Indian Armed Forces

New Delhi, August 12, 2008: As a special gesture honoring The Armed Forces, SpiceJet launches Freedom to Fly scheme from this August 15, 2008. Under this special scheme, each serving Armed Forces personnel enjoys a 100% discount on basic fare for unlimited tickets. They will need to only pay taxes and fees. This is the [...]

Funding infusion with WL Ross and others

Joint Press Release by SpiceJet Limited and WL Ross & Co. LLC WL Ross to invest in SpiceJet New Delhi, July 15, 2008: SpiceJet Limited (“SpiceJet”) and WL Ross & Co. LLC (“WL Ross”), a global private equity investor, are pleased to announce that SpiceJet has accepted an offer in principle that will make available [...]

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