Spice Jet to raise fares by 5-7 pc

New Delhi: SpiceJet has announced that it would increase its fares by five to seven percent in the next six months in order to meet the rising fuel costs and ensure that it breaks-even by the end of this fiscal.
“The fuel prices are at an all time high and airlines cannot continue running on losses. The increase in prices would be across board,” Siddhanta Sharma, Executive Chairman of SpiceJet said. He further clarified that due to peak season demand, this quarter would see an average yield per seat going up by Rs 200-300.
Moreover, SpiceJet on Wednesday also became the only domestic airliner to procure 212-seater Boeing 737-900 ER aircraft, the latest in the 737 series.
15/11/07 Newindpress

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Categories: SpiceJet Nov 2007