Neil Mills

SpiceJet cuts early morning loss caused by Neil Mills exit

SpiceJet CEO Neil Mills resignation comes at a time when Malaysia‘s Air Asia along with its Indian join venture partners is all set to launch a low-fare airline in India.

Why IndiGo, SpiceJet don't see threat from AirAsia

SpiceJet‘s Neil Mills had in a recent interview with CNBC-TV18 clarified that Indigo can never be a threat to the airline due to the strong sustainable low cost business model of the company.

Foreign players keen on SpiceJet; AirAsia no threat: CEO

Post theJet-Etihad deal, all eyes are set on Delhi-based SpiceJet. Despite strong rumours that the carrier is in talks with Qatar Airways for a potential stake sale, Neil Mills, the firm‘s CEO has clarified that though foreign players have evinced interest in the airline, he cannot confirm any name as of now.

Focus is on yields, not market share: SpiceJet's CEO

SpiceJet has secured high load factors in February and the trend may continue this month too, said the airline‘s CEO Neil Mills. The airline could notch up 75 percent load factors, as it has already sold 10 lakh seats at flat Rs 2013 for travel between Feb-April.

SpiceJet connects Mumbai with Hubli & Nanded

SpiceJet Ltd, India‘s most preferred low cost airline, adds two more destinations from India‘s financial capital Mumbai by connecting it with Karnataka‘s developing industrial hub, Hubli and with the holy city of Nanded.

Q4 will be challenging quarter; expect low demand: SpiceJet

In an interview to CNBC-TV18, Neil Mills, cheif executive officer, SpiceJet gives his views on the airline's Q3 results.

SpiceJet flies into black with Rs 102 cr profit in Q3

SpiceJet has reported a whopping Rs 102 crore net profit for the December quarter as against Rs 39 crore loss it reported in the year-on-year boosted by improved yields and better fleet optimization. Sales also improved 37% YoY to Rs 1603 crore on robust passenger load factors in the holiday season (Oct-Dec)

SpiceJet is not desperate to sell stakes immediately: CEO

Shares of SpiceJet rose 6% after reports of Qatar Airways likely to pick up stakes in the carriers started doing rounds yesterday. However, the airline promptly notified to the exchanges that the news is speculative and not in the interest of the company.

SpiceJet's promotional offer: All-inclusive fare of Rs 2013

In a move that could be followed by major Indian airlines, no-frill carrier SpiceJet today slashed air fares substantially by offering a limited-period sale of 10 lakh seats across its domestic network for an all-inclusive fare of Rs 2,013.

Spicejet launches 2nd international flight from Kochi

Budget airline SpiceJet today launched its second international flight from Kochi connecting Dubai. SpiceJet is offering a daily direct flight from Kochi to Dubai and an inaugural low ticket fares of Rs 4,999 (one way fare inclusive of all taxes).

High airport charges hurt profitability: SpiceJet CEO

Low fare carrier SpiceJet does not have any issues related to funding aircraft acquisition, says its CEO Neil Mills who was in Mumbai to attend the CAPA aviation summit 2012.

SpiceJet in talks with Gulf airline for investment

SpiceJet has held "preliminary discussions" with a Gulf airline for potential investment in the Indian budget carrier, a news report has said.

SpiceJet will pass on ATF burden to consumers: CEO

Low fare carrier SpiceJet has said that it can‘t absorb the recent 7.6% hike in aviation turbine fuel and hence will pass on the burden to consumers said the airline‘s CEP, Neil Mills. Oil marketing companies have recently hiked ATF price to an all-time high of Rs 72,282 per kilolitre.

DGCA, domestic airlines discuss safety, financial issues

The country's civil aviation regulator DGCA today met with senior officials of domestic carriers and discussed safety and other issues.

SpiceJet to connect Delhi to more north Indian cities

Expanding its network in north India, SpiceJet today announced the launch of new flight services connecting the cities of Amritsar, Chandigarh and Srinagar to Delhi. MP Navjot Singh Sidhu inaugurated the launching of the service here.

SpiceJet is open to strategic tie-ups, says CEO

Low fare carrier SpiceJet says it has previously had discussion with potential investors and the company will proceed with discussions once the foreign direct investment (FDI)proposal is okayed by the government.

SpiceJet likely to sign termsheet with PE soon: Neil Mills

SpiceJet is close to signing a term sheet with one of the two private equity companies, reports CNBC-TV18's Shereen Bhan.

Spicejet to get first ATF shipment early July: CEO

Spicejet today said it hopes to take delivery of the first shipment of directly imported aviation fuel by early July.

Why SpiceJet is offering fares at Rs 777

At a time when passengers are crying foul about rising airfares, Delhi‘s low fare carrier SpiceJet is bucking the trend, though for a limited time

Global Alliance: Spicejet & Emirates in talks, say sources

Spicejet may look to induct an Asian airline as a strategic partner. Sources indicate that Emirates and Spicejet are in initial talks, reports CNBC-TV18's Swati Khandelwal Jain.

SpiceJet gets DGFT nod for jet fuel import

Budget carrier SpiceJet today said it has received Director General of Foreign Trade (DGFT) approval for direct jet fuel import. SpiceJet is the first airline in the country to have received DGFT nod for the direct import of aviation turbine fuel, a company release said.

SpiceJet is 'attractively' placed for FDI, says CEO

Delhi-based low fare carrier SpiceJet is attractively placed than its competitors to attract foreign direct investment believes Neil Mills, CEO of the airline. Mills, who seems to be optimistic on FDI in Indian aviation, tells CNBC-TV18 that once the proposal is cleared his airline will evaluate option.