Company release, May 19, 2005
New Delhi
SpiceJet opened its reservation system today and received an overwhelming market response.
SpiceJet sold 37,348 tickets by end of day yesterday. This is the largest number of tickets sold by any airline in Asia on the first day of booking. SpiceJet introduced “Red Hot Special Fares” ranging from Rs.99 to Rs.799, as well as regular fares ranging from Rs. 699 to Rs. 6999. SpiceJet’s website www.spicejet.com received in excess of 5.4 million hits in the last 30 hours.
“I am astounded by the level of bookings yesterday. We took our first sale at 06:40 a.m. Tickets were sold not only in the “Red Hot Special Fares” category but also in the regular fares category. I find this amazing as we had no promotional efforts other then our press conference in the early afternoon announcing the airlines start up plans. Our systems and staff were overwhelmed with the volume of activity but they coped exceptionally well.”
“The response that we have received shows that there is a huge untapped travel market for air travel in India” adds Winders.
The proud CEO concluded by saying “We are confident that our business plan offering everyday great value and our focus on product delivery and quality guest service will be a winner and revolutionize Indian Air travel”
About SpiceJet Limited
SpiceJet Limited brings together a modern fleet of aircraft backed by cutting edge technology and professional management to deliver the best value to its customers. Its brand SpiceJet promises to bring to consumers in India all the benefits of low cost airline travel. Royal Holdings Services Limited, a Nevada based Company, has a major stake in SpiceJet Limited, with FII’s and other institutions like Citibank, ABN AMRO, Goldman Sachs and IL&FS holding over 20%.
For further information, please contact:
Luna/ Sulakshana
Hanmer & Partners
Ph- 29214794/3, 9810628989/ 9810122728