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  • Groupmembers: Diptibharti46 Nimishpant10 Ravishekhar Rai18 Pratyushmani Tripathi43

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    Pratyush Tripathi
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    SpiceJet is a low-cost Indian airline headquartered in Gurgaon. The group members analyzing SpiceJet include Dipti Bharti, Nimish Pant, and Ravi Shekhar Rai. SpiceJet uses low pricing as a market strategy and is expanding its global operations by ordering new Boeing and Bombardier planes. In the last financial year, SpiceJet had net sales of Rs. 2,199.70 crore, total costs of Rs. 2154.93 crore, and earnings before interest, depreciation, taxes and amortization of 2%. The airline operated 44,609 flights with a load factor of 77.6% and average revenue per

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    SpiceJet is a low-cost Indian airline headquartered in Gurgaon. The group members analyzing SpiceJet include Dipti Bharti, Nimish Pant, and Ravi Shekhar Rai. SpiceJet uses low pricing as a market strategy and is expanding its global operations by ordering new Boeing and Bombardier planes. In the last financial year, SpiceJet had net sales of Rs. 2,199.70 crore, total costs of Rs. 2154.93 crore, and earnings before interest, depreciation, taxes and amortization of 2%. The airline operated 44,609 flights with a load factor of 77.6% and average revenue per

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    106 views8 pages

    Groupmembers: Diptibharti46 Nimishpant10 Ravishekhar Rai18 Pratyushmani Tripathi43

    Uploaded by

    Pratyush Tripathi
    SpiceJet is a low-cost Indian airline headquartered in Gurgaon. The group members analyzing SpiceJet include Dipti Bharti, Nimish Pant, and Ravi Shekhar Rai. SpiceJet uses low pricing as a market strategy and is expanding its global operations by ordering new Boeing and Bombardier planes. In the last financial year, SpiceJet had net sales of Rs. 2,199.70 crore, total costs of Rs. 2154.93 crore, and earnings before interest, depreciation, taxes and amortization of 2%. The airline operated 44,609 flights with a load factor of 77.6% and average revenue per

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    G ro u p m e m b e rs:D ip ti B h a rti( 4 6 ) N im ish p a n t( 1 0 ) R avi S h ekh ar ra i( 1 8 )

    Contents
    Introduction. market strategies. SWOT Analysis . over view of financial year.

    Introduction

    Spice Jet is a low-cost airline headquartered at Gurgaon.

    It is promoted by Ajay Singh and the Kansagra family.

    Market strategies

    Low-cost pricing.

    Moving steps towards Global operations.

    Ordered 30 new Boeing & 30 Bombardiers.

    Trying for international collaborations. Spice Jet plans to expand its flights in 60 new cities like .Shimla,Kulu,Vijaywada & Belgaum.

    Overview in Financial year


    Net sale/ income's 2,199.70 crore. Total cost:Rs 2154.93 cr. EBIDTA(Earnings Before Interest,Depriciation,Taxes & Amortisation:2%) Flights operated:44,609 Average revenue per seat Rs 3316 Load factor: 77.6% Revenue per Available Seat Kms: Rs 2.51

    Conclusion
    However Airline is working for the sustainable growth . Need to refine strategies .

    ITM-Warangal

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