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SpiceJet to add flights to mainland China

26 Apr 2013 Evaluate

Setting the stage for competition with state owned Air India, SpiceJet is planning to add flights to mainland China as trade between India and the world’s second-biggest economy expands. State-owned Air India, as of now, is the only local carrier that offers direct services connecting the combined 2.5 billion people in China’s mainland and India.

Kalanithi Maran owned carrier, which flies four times a week to Guangzhou in China, plans to fly to three more destinations there this year as it taps business and leisure travelers from both countries.

The discount carrier currently is accelerating its overseas push, while preparing to face competition from Asia’s biggest budget carrier AirAsia Bhd and Jet Airways (India).SpiceJet, India’s second-largest budget carrier by market share, currently operates more than 350 daily flights to over 50 Indian cities and 8 international destinations.

Peers
Company Name CMP
Interglobe Aviation 5020.00
SpiceJet 9.20
TAAL Tech 1188.70
Taneja Aerospace 366.90
Global Vectra Helico 134.85
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