SpiceJet is offering 100,000 seats on sale for one rupee (excluding taxes and fees) in a three-day sale on its mobile app. The sale will begin on Wednesday and will run till Friday and tickets under the scheme are valid for travel between July 15, 2015 to March 31, 2016.
The discount offer is available only through mobile app and not any other channel. A customer will have to purchase a return to ticket to avail himself of the discount fare. Also the discount fare will be available only in one way and not for both ways.
A senior executive from a rival airline said the sale indicated a cash crunch at SpiceJet but the airline's chief operating officer Sanjiv Kapoor denied it.
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“SpiceJet has been recognised by industry experts as a leading innovator in the Indian airline industry in recent times, as it has scripted a remarkable turnaround and returned to profitability,” he added.
Tickets bought under this sale are non-refundable (statutory taxes are refundable) and non-changeable. There is limited inventory under the offer, and seats are available on first-come, first-serve basis only. Availability depends on route, flight, date, and time of day, the airline said in a statement.