SpiceJet likely to offer discount up to 40% on basic fare

SpiceJet, India’s second-largest low-fare airline is likely to offer discount of up to 40% on the basic fare, following other domestic carriers that have recently offered discounts. It aims to cash in on the upcoming festival season. Further, the company is also in advanced discussions with two private equity investors to raise at least $50 million.

Recently, company had launched Delhi-Dehradun flights as a part of its expansion plan in northern India and to increase its market share. The airline company has launched two daily direct flights to Dehradun from Delhi and would be operating one flight in the morning and one in evening.