Saturday, July 30, 2016

SpiceJet plans regional connectivity push

Budget carrier SpiceJet on Friday raised the bar of customer comfort and convenience with the launch of smart mobile check in facility at GMR Hyderabad International Airport Limited and outlined plans to tap the growing opportunities in regional connectivity where the Government is seeking to provide a major push.

Ashok Gajapathi Raju, Union Civil Aviation Minister, inaugurated the facility and expressed that the country’s civil aviation sector would continue to sustain the growth witnessed in the recent times.

Ajay Singh, CMD, SpiceJet Ltd, said, “The airline has managed to turn around from being a sinking airliner after taking it over in January 2015. Over the past 11-12 months, it has consistently registered occupancy levels of over 92 per cent that only reflects how it is on growth path.”
Refraining to comment on the Delhi High Court order wherein the airliner was asked to deposit Rs. 580 crore in a transfer dispute between Kalanithi Maran and Spicejet, Ajay Singh, said, “The matter is sub-judice. At this point it would not be appropriate to comment on the development. We will have to wait for the order before we can comment on the matter.”

The court on Friday sent the share transfer dispute between Kalanithi Maran and SpiceJet to arbitration relating to the transfer of 18 crore warrants by SpiceJet to its former promoter Maran.
30/07/16 V Rishi Kumar/Business Line
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