SpiceJet
A SpiceJet Boeing 737-8 | |||||||
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| Founded |
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| Commenced operations | 24 May 2005 | ||||||
| Operating bases | |||||||
| Subsidiaries | SpiceXpress | ||||||
| Fleet size | 53 | ||||||
| Destinations | 73 | ||||||
| Traded as | BSE: 500285 NSE: SPICEJET | ||||||
| ISIN | INE285B01017 | ||||||
| Headquarters | Gurgaon, Haryana, India | ||||||
| Key people |
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| Revenue | ₹8,524 crore (US$1.0 billion) (2024) | ||||||
| Operating income | ₹−423 crore (US$−50 million) (2024) | ||||||
| Net income | ₹−423 crore (US$−50 million) (2024) | ||||||
| Total assets | ₹6,472 crore (US$770 million) (2024) | ||||||
| Total equity | ₹−5,218 crore (US$−620 million) (2024) | ||||||
| Employees | 14,578 (2021) 9,000 (2024 estd) | ||||||
| Website | www | ||||||
SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana, India. As of May 2025, it is the fourth largest airline in India by number of domestic passengers carried, with a market share of 4% and connects 73 destinations, including 60 Indian and 13 international from its bases at Delhi and Hyderabad.
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.