The climate for corporate profits is weak.
Furnishing Homes and www. Raman Road Sadashivanagar Bengaluru Email: Another year draws to a close. The year may well be remembered as the year SpiceJet changed Indian aviation by adding colour, passion, Osim dec14, music, style, excitement, and of course low fares for the benefit of the travelling public.
It was the year SpiceJet re-branded itself and emerged as a genuine low-fare airline, an airline that is true to the adage that flying empty seats is a crime, an airline that is dedicated to serving its customers With All Our Hearts.
Birthdays, anniversaries, and festivals were celebrated on board. Special needs children who could only earlier dream of flying were given the opportunity to fly.
The outdated ban on mobile phone usage, even in flight mode, was lifted. Flying Osim dec14 less boring, more fun again. Flying on weekends became even more fun thanks to our casual and colourful weekend uniform, which has been a huge hit. And for the first time in years, air fares were lower than train fares, even bus fares, if you were prepared to book early.
Airports, hotels, and travel agents have especially benefitted from this. Each of these passengers pays airports a fixed fee, even if the airline fare itself is just one rupee.
This has created windfall gains for airports and the travel ecosystem.
However, unfortunately in the travel ecosystem, the ones that drive the market — the airlines — often end up benefitting the least. The need of the hour for the industry is to take a step back and see what can be done to take out unnecessary structural costs.
Reduction in taxes on ATF will be another huge step forward. And of course reduction in airport fees will be extremely positive not just for airlines, but for passengers and airports themselves as they too would benefit from further demand stimulation.
As the year draws to a close, I want to also extend my apologies to all those who have been impacted by our recent schedule changes. As we enter the final stages of our turnaround effort, we have been forced to take some tough decisions relating to our network and fleet that has resulted in some disruptions.
This is temporary and we will soon be back to full strength again. We thank you for your patience, support, and understanding in the meantime. The stronger SpiceJet that will emerge from this will only be even more positive for the industry and for travellers, and will ensure that healthy free market competition and low fares for those willing to book early will remain here to stay.
Road, Ahmedabad -Tel: Prakash Johari Executive Editor: Road, Bangaluru, Karnataka, India, Tel: MMGipl for spicejet ltd. The views expressed in the magazine are not necessarily those of the publisher or SpiceJet. All efforts have been made while compiling the content of this magazine, but we assume no responsibility for the effects arising there from.
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