SpiceJet has incorporated a wholly-owned subsidiary namely - Canvin Real Estate which shall be engaged in real estate business. The company has acquired 100% stake and had subscribed to equity shares in cash.
The company had reported the Passenger Load Factor (PLF) of 93.7% during the month of October this year and a PLF of 94.2% during September 2017.
SpiceJet is among the first private companies that stepped into the Indian aviation sector.