
SpiceJet
Indian low-cost airline

Indian low-cost airline
SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana. As of May 2025, it is the fourth largest airline in India by number of domestic passengers carried, with a market share of 4%. Established as air taxi provider ModiLuft in 1994, the company was acquired by Indian entrepreneur Ajay Singh in 2004 and renamed SpiceJet. The airline operated its first flight in May 2005. Indian media baron Kalanidhi Maran acquired a controlling stake in SpiceJet in June 2010 through Sun Group which was sold back to Ajay Singh in January 2015. The airline operates a fleet of Boeing 737 and Bombardier Dash 8 aircraft.
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