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SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana. As of June 2024 [update] , it is the sixth largest airline in India by number of domestic passengers carried, with a market share of 4% [ 6 ] and connects 73 destinations, including 60 Indian and 13 international from its bases at Delhi and Hyderabad .
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It allowed agents and airlines to communicate via a common distribution language and network, handling 97% of UK airline business trade bookings by 1987. The system went on to be replicated by Videcom in other areas of the world including the Middle East (DMARS), New Zealand, Kuwait (KMARS), Ireland, Caribbean, United States and Hong Kong.
Ajay Singh (born 29 December 1965) is an Indian businessman, sports administrator, bureaucrat and investor. He is the principal shareholder, chairman, and managing director of SpiceJet, a low-cost airline with headquarters in Gurugram, Haryana.
SUN Group acquired 37.7% stake in Indian low-cost carrier SpiceJet in June 2010. [19] [20] In 2012, Despite the losses, Kalanithi Maran increased his stake in Spicejet by investing ₹ 1 billion (US$12 million) in the airline. [21] In January 2015, the Sun group sold its entire shareholding back to the airline's founder Ajay Singh and ...