Indian entrepreneur Ajay Singh acquired ModiLuft in 2004 and re-christened it as SpiceJet. The airline operates a fleet of Boeing 737 and Bombardier Dash aircraft. It is a low-cost airline that has its headquarters located in Gurugram, India. It has a market share of 13.2% as of March 2017 making it the third largest airline in the country by number of domestic passengers carried. The airline operates over 300 daily flights to 45 Indian destinations from its hubs at Delhi, Kolkata and Hyderabad.
On May 18, 2005 SpiceJet opened bookings and operated their first flight on May 24, 2005 between Delhi and Mumbai. Indian media baron Kalanidhi Maran acquired 37.7% stake in SpiceJet in June 2010 through Sun Group. The airline ordered 30 Boeing 737-8 aircraft worth US$2.7 billion July 2010 and 15 Bombardier Q4 Dash short-haul aircraft worth US$446 million in December of the same year. In 2012, Kalanidhi Maran increased his stake in the airline by investing ₹1 billion (US$16 million) in…
Air India is one of the oldest Indian airlines that is part of the Government of India enterprise. This is one of the most popular airlines in India that has domestic as well as international flights. The headquarters for this airline is at the Indian Airlines House in New Delhi. On 21 February 1960, it took delivery of its first Boeing 707–420 named “Gauri Shankar” and became the first Asian airline to induct a jet aircraft in its fleet. With a market share of 13% (as of March 2017), it became the fourth largest domestic airlines in India in terms of passengers carried, after IndiGo, Jet Airways and SpiceJet .
It is owned by Air India Limited, a Government of India enterprise. The airlines operates a fleet of Airbus and Boeing aircrafts serving 90 domestic and international destinations. Air India has its main hub at Indira Gandhi International Airport, New Delhi and a secondary hub at Chhatrapati Shivaji International Airport, Mumbai. It has its headquarters in New Delhi. Air India…
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