SpiceJet

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Ajay Singh's photo - Managing Director of SpiceJet

Managing Director

Ajay Singh

CEO Approval Rating

76/100

Founded:

1984

Status:

PublicIndependent CompanyBombay Stock Exchange500285

Annual Revenue
$578.2M
Employees
11,675

SPICEJET TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

SpiceJet's company profile
Ajay Singh's photo - Managing Director of SpiceJet

Ajay Singh

Managing Director

76/100
11,675
$1M
$578.2M
View Profile
1
SpiceJet's Competitor - AirAsia Group Berhad logo
Tony Fernandes's photo - CEO of AirAsia Group Berhad

Tony Fernandes

CEO

75/100
18,848
$323.7M
$202.4M
View Profile
2
SpiceJet's Competitor - NOK AIR logo
Wutthiphum Jurangkool's photo - CEO of NOK AIR

Wutthiphum Jurangkool

CEO

87/100
- -
$590M
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3
SpiceJet's Competitor - SAS logo
Anko Van der Werff's photo - President & CEO of SAS

Anko Van der Werff

President & CEO

82/100
4,476
$336M
$1.3B
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4
SpiceJet's Competitor - Air Carnival logo
CEO Avatar

CEO

- -
10
- -
$ < 1M
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5
SpiceJet's Competitor - Air India, Ltd. logo
Rajiv Bansal's photo - Managing Director of Air India, Ltd.

Rajiv Bansal

Managing Director

82/100
9,993
$229.4M
$4.3B
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6
SpiceJet's Competitor - Vistara logo
Leslie Thng's photo - CEO of Vistara

Leslie Thng

CEO

88/100
4,000
$407.2M
$629.7M
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7
SpiceJet's Competitor - IndiGo logo
Ronojoy Dutta's photo - CEO of IndiGo

Ronojoy Dutta

CEO

81/100
23,711
- -
$2.1B
View Profile
8
SpiceJet's Competitor - Fastjet logo
Mark Hurst's photo - Interim-CEO of Fastjet

Mark Hurst

Interim-CEO

87/100
119
$38.8M
$38.5M
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9
SpiceJet's Competitor - Jet Airways logo
CEO Avatar

CEO

- -
16,558
$288.3M
$38.4M
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10
SpiceJet's Competitor - PT Garuda Indonesia (Persero) Tbk logo
Irfan Setiaputra's photo - CEO of PT Garuda Indonesia (Persero) Tbk

Irfan Setiaputra

CEO

79/100
14,577
- -
$1.1B
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11
SpiceJet's Competitor - Emirates logo
Sheikh Ahmed Bin Saeed Al Maktoum's photo - Chairman & CEO of Emirates

Sheikh Ahmed Bin Saeed Al Maktoum

Chairman & CEO

74/100
45,040
$2B
$8.4B
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Missing a competitor? Contribute!

AirAsia Group Berhad is SpiceJet's #1 rival. AirAsia Group Berhad was founded in 1993 in Sepang, Selangor. Like SpiceJet, AirAsia Group Berhad also operates in the Airlines space. AirAsia Group Berhad generates $375.8M less revenue than SpiceJet.

NOK AIR is one of SpiceJet's top competitors. NOK AIR is headquartered in Sathorn, Bangkok Province, and was founded in 2004. Like SpiceJet, NOK AIR also works within the Airlines sector. NOK AIR generates 102% the revenue of SpiceJet.

SAS is seen as one of SpiceJet's top competitors. SAS was founded in 1946, and its headquarters is in Stockholm, Stockholms län. Like SpiceJet, SAS also works within the Airlines sector. SAS has 7,199 fewer employees than SpiceJet.

SpiceJet Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$578.2M

SpiceJet's revenue is the ranked 8th among it's top 10 competitors. The top 10 competitors average 1.6B. Over the last four quarters, SpiceJet's revenue has decreased by 19.2%. Specifically, in Q2 2021's revenue was $117.1M; in Q1 2021, it was $85.2M; in Q4 2020, it was $230.8M; in Q3 2020, SpiceJet's revenue was $145M.

SpiceJet Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Travenues

Jun 2020

Source »
undisclosed
Travenues is an airline commerce platform that allows users to search, compare and book tickets for flights.

These are all the companies that SpiceJet has acquired. SpiceJet's latest acquisition was Travenues in Jun 2020. Travenues is an airline commerce platform that allows users to search, compare and book tickets for flights.

SpiceJet Funding History

Since SpiceJet was founded in 1984, it has participated in 1 round of funding. In total SpiceJet has raised $1.0M. SpiceJet's funding round was on Jan 2014 for a total of $1.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Convertible Note
Jan 2014
$1M
-

Since SpiceJet was founded in 1984, it has participated in 1 round of funding. In total SpiceJet has raised $1.0M. SpiceJet's funding round was on Jan 2014 for a total of $1.0M

SpiceJet Investments

No recent investments found related to SpiceJet

SpiceJet News

September 20, 2021Business Standard

SpiceJet looks to save Rs 1K cr on commercial settlement with MAX lessors

The commercial settlement finalised by SpiceJet with two major lessors of MAX aircraft will result in... See more »
September 19, 2021The Economic Times

SpiceJet gets lease rental waiver of Rs 300 crore for 4 Boeing MAX aircraft

The 13 MAX aircraft in its fleet have been leased from five lessors. The airline recently announced t... See more »
September 17, 2021The Hindu

Airlines 'fly high' after passenger traffic surges

Shares of IndiGo parent, SpiceJet jump... See more »
September 16, 2021Airport Technology

Air India receives final bids from Tata Sons and SpiceJet promoter

The Air India disinvestment plan has entered the final phase, with Tata Sons and SpiceJet promoter Aj... See more »
September 16, 2021India Infoline

Aviation ministry flags off SpiceJet's first flight from Visakhapatnam to Mumbai

At present, only the Air India group operates flights on the Vishakhapatnam Mumbai route, and the add... See more »
September 15, 2021NDTV

SpiceJet Rallies Over 7% On Announcing New Routes

SpiceJet shares rose as much as 7.5% to hit an intraday high of Rs 77.40 after the company announced ... See more »
September 13, 2021Webindia123

SpiceJet expects to start Boeing 737 Max ops by Sep-end

Budget passenger carrier SpiceJet expects to start Boeing 737 Max ops by September end contingent to ... See more »

SpiceJet Blogs

February 8, 2021SpiceJet Blog

Terms & Conditions- #SpiceJetRouteToLove Contest

Terms & Conditions: The said Contest is organized by SpiceJet Limited (the "Company") and is open to ... See more »
November 11, 2020SpiceJet Blog

Terms & Conditions- #SpiceDiwali Contest

Terms &#38; Conditions: 1. The said Contest is organized by SpiceJet Limited (the “Company”) and is o... See more »
February 12, 2020SpiceJet Blog

FROM THE CMD’S DESK

Dear Readers, Welcome aboard SpiceJet! Few things unite Indians as much as their love for cricket, an... See more »
December 11, 2019SpiceJet Blog

From The CMD’s Desk- December 2019

Dear Readers, Welcome aboard SpiceJet! Last month, India played its first-ever day-night Test match —... See more »
November 21, 2019SpiceJet Blog

QUICK WILDLIFE GETAWAYS FROM JAIPUR

JAIPUR AND ITS SURROUNDINGS are well-known for their cultural heritage and history, thanks to their i... See more »
November 7, 2019SpiceJet Blog

From the CMD’s Desk- November 2019

Dear Readers, Welcome aboard SpiceJet! The world is shrinking rapidly as the internet and digital age... See more »
November 1, 2019SpiceJet Blog

12 TIPS FOR THE FREQUENT TRAVELLER

THESE EASY HACKS WILL HELP YOU LOOK FASHIONABLE WHILE STILL BEING COMFORTABLE ON YOUR TRAVELS In the ... See more »

SpiceJet Press Releases

October 31, 2017Runway Girl Network

India's SpiceJet taps STG Aerospace for aircraft lighting

India's third largest airline, SpiceJet, has partnered with STG Aerospace in a cabin lighting retrofi... See more »
October 1, 2017NewsMaker

Bombardier Signs Largest Ever Q400 Turboprop Order with SpiceJet for up to 50 Aircraft

Bombardier Commercial Aircraft today announced that it has concluded a firm purchase agreement with S... See more »
February 13, 2017TotalUAE

India's budget carrier SpiceJet places UAE at core of expansion strategy

The UAE as a destination is a crucial part of SpiceJet's expansion strategy, says Ajay Singh, the air... See more »
January 17, 2017Accesswire

Blog Coverage Boeing Bags an Approximately $22 Billion; up to 205 Aeroplane Deal with SpiceJet

Upcoming AWS Coverage on Lockheed MartinLONDON, UK / ACCESSWIRE / January 17, 2017 / Active Wall St. ... See more »
November 25, 2016Blackbird

Spicejet advances 4% ahead of Q2 results

NEW DELHI: SpiceJet stock advanced as much as 4 per cent on Friday ahead of the company's September q... See more »
October 2, 2016Runway Girl Network

SpiceJet selects AeroDocs for paperless cockpit

Aircraft software company Arconics announces a significant software deal to deliver AeroDocs, the lea... See more »
September 18, 2016NPR

SpiceJet Wins Global Recognition for 'Best Check-in Initiative'

Airline awarded by Future Travel Experience (FTE) and CIO 100 for launching Check-in using NFC (Near ... See more »

SpiceJet Videos

Social Media

SpiceJet Headquarters

319, Udyog Vihar Phase IV

Gurgaon, Haryana122016

91-98718-03333

Driving Directions »

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SpiceJet Summary

ABOUT

Overview

SpiceJet owns and operates jet aircrafts that offers scheduled passenger and cargo transportation services. SpiceJet was founded in 1984. SpiceJet's headquarters is located in Gurgaon, Haryana, IN 122016. It has raised 1.0M in 1 round. The latest roun...

CEO

SpiceJet's Managing Director, Ajay Singh, currently has an approval rating of 76%. SpiceJet's primary competitors are AirAsia Group Berhad, NOK AIR & SAS.

Frequently Asked Questions about SpiceJet

  1. When was SpiceJet founded?

    SpiceJet was founded in 1984
  2. Who is SpiceJet's CEO?

    SpiceJet's CEO is Ajay Singh
  3. How much revenue does SpiceJet generate?

    SpiceJet generates $578.2M in revenue
  4. How much funding does SpiceJet have?

    SpiceJet has historically raised $1M in funding
  1. Where is SpiceJet's headquarters?

    SpiceJet's headquarters is in Gurgaon Haryana, IN
  2. How many employees does SpiceJet have?

    SpiceJet has 11,675 employees
  3. What sector does SpiceJet operate in?

    SpiceJet is in Airlines
  4. Who are SpiceJet's competitors?

    SpiceJet's top competitors are AirAsia Group Berhad, NOK AIR, SAS