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SpiceJet appoints Chief Commercial Officer

Mr. Kaneswaran Avili to take over with effective 1st April

Gurgaon, February 7th, 2014: SpiceJet Ltd today announced the appointment of Mr. Kaneswaran Avili (“Kanesh”) as its Chief Commercial Officer (CCO).

Mr. Avili comes to SpiceJet with deep experience in the aviation sector. He has worked for 12 years in the highly competitive world of low cost airlines in Asia, and was part of the start up team of AirAsia in 2001.

At AirAsia, Mr. Avili played a pivotal role in the airline’s cross border brand expansion into Thailand and Indonesia. He then partnered the founders of AirAsia to start no frills hotel chain –TuneHotels-- and financial services business --Tunemoney.

After successful launch of TuneHotels and Tunemoney, Mr Avili moved to become an independent aviation consultant and took up various consultancy assignments in Macau, Thailand, Philippines and Indonesia, before joining Tigerair in Singapore as its Commercial Director in 2012.

“His deep domain knowledge on airline commercial across sales & distribution, revenue management, marketing, network planning, airline system and market penetration strategy would be key in transforming SpiceJet commercial capability and improving overall route and airline profitability,” said Mr. Sanjiv Kapoor, Chief Operating Officer, SpiceJet Ltd.

“We are glad to welcome Kanesh to the SpiceJet family. Kanesh’s joining is part of an ongoing refresh of SpiceJet’s management team, with further announcements to be made in the coming weeks,” added Mr Kapoor.

“Having followed and admired SpiceJet since its inceptions, I am pleased to be given the opportunity to serve in a commercial leadership role. The commitment shown by the board and shareholders on the long term future and growth of the company convinced me to take up the challenge of transforming SpiceJet. I am looking forward to work with Mr. Sanjiv Kapoor, the rest of management team and the Board of SpiceJet.”, said Mr. Kaneswaran Avili, who will be taking up the role with effective 1st April 2014.

SpiceJet was #1 in on-time performance (OTP) for the month of December 2013, as per DGCA statistics. This is the result of SpiceJet’s renewed focus on delivering superior operational and customer experience, based on the principle of SOCCH: Safe, On-time, Clean, Courteous and Hassle-free.

About SpiceJet:
SpiceJet is India’s second largest low cost airline with over 19% of market share in Indian domestic market. The airline currently operates more than 360 daily flights to over 56 airports which includes 46 Indian cities and 10 international destinations.

SpiceJet connects it’s network using new generation fleet of 42 Boeing 737-800/ 900ER aircrafts, which are of the highest standard in safety and operating efficiency, along with 15 Bombardier Q400 aircrafts that are more focused on enhancing connectivity to Tier II and Tier III cities.