SpiceJet aims for international operations breakeven in 2 months

New Delhi: Low-fare airline SpiceJet is looking at over 80% load factor (which means more than 8 out of 10 seats on the flight being full) within the first month of commencing daily flights between Delhi-Kathmandu and a breakeven of international operations within the first two months.
The airline’s first international flight, between Delhi and Kathmandu, took off on October 7 and the daily Mumbai leg is slated to begin in March.
SpiceJet’s optimism on load factors is remarkable, since there are already seven flights a day between the Capital and Kathmandu by carriers such as Jet Airways, JetLite, Air India, Kingfisher and Nepal Airlines. Chief Commercial Officer Samyukth Sridharan claimed in a chat with DNA that SpiceJet will be offering the lowest fares on this sector.
Sridharan explained that SAARC is a hugely underserved market, particularly by low fare airlines. While domestically, 7 out of 10 fliers board low fare carriers, only three in 10 do so on international routes because of the absence of low fare options.
12/10/10 Daily News & Analysis

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Categories: Foreign Oct 2010, SpiceJet Oct 2010