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CAPA TV | September 25, 2020

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Spicejet COO Update

CAPA
  • On October 27, 2014

The Indian market is experiencing signs of growth in late 2014, with its domestic carriers stimulating the market and contributing to an 8-10% increase in traffic volumes. Significantly, also, a number of new carriers have launched, creating greater competitive pressures for LCC SpiceJet, which has suspended capacity expansion, but grown market share as its engages in a restructuring of its business to  turn around losses. As the economy  recovers, SpiceJet sees potential in capturing a greater portion of not only the major metro markets but also smaller tier cities as income levels and travel demand grows.

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