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SpiceJet increases air travel fares

04 Sep 2013 Evaluate

SpiceJet, country’s low-cost carrier has increased both spot and advance purchase fares by over 25%, from September 3, 2013. After the price hike, spot fares of Delhi-Mumbai jumped to almost Rs 10,000 from earlier Rs 6,000-7,000 range. This increase in fares is the result of latest jet fuel price hike.

SpiceJet is the fourth largest airline and operates over 350 daily flights to over 47 domestic cities and eight international destinations. It has got 19.9% market share. 

Peers
Company Name CMP
Interglobe Aviation 5030.00
SpiceJet 10.18
TAAL Tech 1091.30
Taneja Aerospace 352.45
Global Vectra Helico 138.95
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