Ajay Singh, the owner and Founder of SpiceJet, launched his airline company in 2005. In 2010, SpiceJet’s ownership and management rights were transferred to media mogul Kalanithi Maran as he acquired majority stakes in it. But later when the low-cost carrier company faced crises, Singh made his re-entry. In 2015, Ajay took charge of the airline as its Chairman, MD, and CEO. SpiceJet CEO Ajay Singh not only saved the airline from shutting down but also helped increase its valuation from Rs 650 crore to Rs 8,300 crore. For other details such as SpiceJet CEO email address, Ajay Singh net worth in 2023, wife, and SpiceJet CEO salary, read this wiki.
SpiceJet Competitors
Other low-cost airlines are:
- IndiGo
- Akasa Air
- Air India Express
Ajay Singh Net Worth 2023 – SpiceJet CEO Salary
As of 2023, Ajay Singh’s net worth can be between 730-790 million USD. His annual pay can be around 135-235k USD.
SpiceJet CEO Email Address | Ajay Singh Contact
Try sending an email to [email protected] for an interaction with the CEO. His LinkedIn page is https://www.linkedin.com/in/ajay-singh-b7007b61 and Twitter handle is @AjaySingh_SG.
(Also read: Jet Airways CEO Email & Net Worth – Vinay Dube)
SpiceJet Net Worth 2023 – Is SpiceJet Profitable?
As of 2023, SpiceJet’s net worth can be estimated at 0.20-0.35 billion USD. Yes, SpiceJet is profitable.
Career & Education – Company, University, & College
After completing school education at St. Columba’s School, Delhi, Singh went to IIT-Delhi for a course in engineering in 1984. Later, in 1988, he attended Cornell Johnson Graduate School of Management to study MBA. The Founder, Chairman and MD of the low-cost airline, Singh bought SpiceJet from Kalanidhi Maran (media mogul) in 2015 and became its CEO. Apart from that, he has served as the officer on special duty for I&B, IT, and Telecom ministries. Under his leadership, DD Sports was launched. He also contributed to the launch of DD news as a member of planning team. In 2016, he also became the President of the Indian Boxing Federation.
Ajay Singh Wiki – Age, Wife, Family, & More
The Indian businessman, Ajay Singh, age 58, was born in 1965. His wife Shiwani Singh is also among the member of board of directors at SpiceJet. Ajay is credited with coming up with the famous slogan “Abki baar Modi Sarkar” for the BJP party general elections campaign that was held in 2014. Around 2017, reports suggested the possibility of Singh buying a controlling stake in the Indian news channel NDTV and getting editorial rights.
(Suggested read: Vistara CEO Email & Net Worth – Leslie Thng)
About SpiceJet
The Indian airline caters to budget travelers. SpiceJet’s headquarters is in Gurgaon, Haryana. Founded as Royal Airways in 2004, it serves domestic and international destinations. The SpiceJet fleet has aircraft like Boeing 737-700, Boeing 737-900ER, etc. The airline company has two subsidiaries: SpiceExpress (logistics business) and Spice Shuttle (seaplane services).