Spicejet offers 99 paisa tickets
in low cost battle
BY OUR AVIATION CORRESPONDENT
January 26, 2006
Spicejet flight tickets at 99 paisa
will be available for travel between
February 15 to April 15. There are
99,999 cheap 99 paisa tickets on
offer, the low-cost airline said in a
statement today. Tickets purchased
under the offer are eligible for
travel between Februiary 15 to April
15. This is a promotional flight
ticket offer, said a Spicejet statment.
The 99 paisa tickets will be available
on all Spicejet flight routes.
Spicejet currently flies to 14 routes
with 118 daily flights. The 99 paisa
Spicejet flight tickets will be
available for travel between Spicejet
termed the 99 paisa flight ticket as a
Republic Day Gift.
The 99 paisa ticket rivals an earlier
offer by market leader Air Deccan to
sell flight tickets at Re 1. This is
the lowest fare ever offered by any
airline in India. Of course, taxes and
surcharges will have to be paid on top
of the fare of 99 paisa.
With fuel prices declining recently
due to lower crude prices, airlines
have more elbow room to offer cheap
flight tickets like the one offered by
Spicejet at 99 paise.
Spicejet currently has flights to
Srinagar, Jammu, New Delhi, Jaipur,
Varanasi (Benares), Guwahati,
Ahmedabad, Mumbai (Bombay), Pune,
Hyderabad, Goa, Chennai, Bangalore and
Kolkata (Calcutta). The 99 paisa
Spicejet tickets will be available on
Said SpiceJet CEO Siddhanta Sharma:
"There cannot be any better way to
celebrate the 58th Republic Day of
India, than giving the citizens of
India 'Freedom to Fly at 99 paisa.
This is also a small gesture of thanks
giving to all those passengers who
rendered their valuable support to us.
Spicejet is one of the leading players
in the low-cost airlines in India. The
other airlines offering cheap flight
tickets include Air Deccan and GoAir.
Spicejet is the reincarnation of
ModiLuft, an upstart private airline
which went down in the late ninetees.
Out of the private airines born in the
ninetees, only Jet Airways and Air
Sahara have survived so far. Both are
regular full service airline. Low-cost
airlines in India like Spicejet,
instead of regular air travellers,
have tried to carve out a new market
by luring upper class train
passengers.On the inaugural day of
Spicjet bookings, it received 37,348
ticket bookings, the largest received
by any airline ever in Asia. Spicejet
has been named as the most preferred
airline in India.
Recently, the Tata group picked up a
minority stake in Spicejet as a
financial investment. Spicejet has
since invited Tatas to take a board
seat. The Tatas have not joined the
board so far.
Spicejet reported a load factor of 93%
in a single day in December. It flew
12,667 passengers with 10 aircraft in
a day. Spicejet has a feet with 10
Boeing 737 800 aircraft. The airline
started operations with three leased
new generation Boeing aircraft.
We are highly delighted with our
overwhelming performance by flying
over 12,000 passengers on a single
day. We are very confident that we
will receive even better response in
days to come. We will continue to fly
our passengers on time and at
reasonable fares, that has enabled
SpiceJet to achieve the highest load
factor among all airlines in India,
SpiceJet Director Mr. Ajay Singh said.
Low-cost airline Spicejet, which
started operations in 2005, currently
has a seat capacity of 11,000 per day.
It has a marketshare of around 9% in
the Indian airline industry. Spicejet
is planning to introduce 20 more
aircraft in three years. Spicejet gets
maintenance support by KLM and
technology from Star Navigation,
Russel Adams and Tech Log.
Spicejet has tie-ups with
Makemytrip.com. Cleartrip.com and
travelguru.com for easy availability
of flight tickets.
Flight routes served by SPicejet
Delhi Ahmedabad, Mumbai, Goa,
Bangalore, Pune, Guwahati and Varasani
Ahmedabad Delhi, Mumbai, Bangalore,
Mumbai Delhi, Ahmedabad, Goa
Pune Delhi, Bangalore
Bangalore Pune, Ahmedabad, Delhi,
Goa Delhi, Mumbai, Ahmedabad
Chennai Delhi, Mumbai, Kolkata,
Hyderabad Chennai, Kolkata,
Kolkata Delhi, Chennai, Hyderabad,
Jammu Delhi, Srinagar
Srinagar Delhi, Jammu
Guwahati Delhi, Kolkata