SpiceJet's woes continued today as the airline is now rumoured to have delayed 7 of the 30 aircraft it had ordered. On top of that, their June load factors are about 78% versus 90% last year (that despite the Rs 99 fares they, and every other airline, were offering for the season). Want more bad news? The carrier is eliminating 20 flights, including Ahmedabad to Hyderabad and Jaipur, and reducing frequencies from Bangalore to Hyderabad & Chennai, and from Hyderabad to Chennai.
It's going to continue to get worse before it gets better.
Tuesday, June 24, 2008
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