Low-cost carrier SpiceJet Airlines has won a prestigious World Travel Market London 2016 World Travel Leaders Award in recognition of its turnaround from a loss-making business into a profitable enterprise.
The airline Chairman and Managing Director Ajay Singh received the coveted award today (7 November) at the WTM World Travel Leaders Award ceremony from Trav Talk India Publisher and Director Mr Sanjeet.
The Awards give WTM London’s Official Media Partners – which represent key travel industry media around the world – an excellent platform to congratulate and recognise those companies and individuals that have made significant and ground-breaking contributions to travel and tourism in their region or sector.
Three nominations from each of WTM London’s media partners were judged in September by a panel of three, consisting of an independent body, a representative of WTM London and the relevant media partner.
A new investor took control of Spicejet Airlines in January 2015, and his vision and innovative leadership have turned around a loss-making listed company into a profitable one. Every quarter of the financial year from April 2015 to March 2016 has been profitable – unlike the previous four years in the red.
The judges at the WTM World Travel Leaders Award acknowledged the remarkable recovery and said: “SpiceJet has turned the company around by focusing on content not just an image.
“They have let the customer decide their fate. Innovative onboard services include introducing yoga at 35,000 feet and flash dances at the airport and even onboard.”
Every year, World Travel Leaders Awards are presented at WTM London. The full list of 2016 winners is:
Canada: Destination Canada
Italy: Grimaldi Lines
India: SpiceJet Airlines
Brazil: Serra Verdo Express
Portugal: The Azores Tourism Board
China: UTour Group Co. Ltd
Travel Weekly US: Yigit Yigiter (Timelooper)
Travolution: GLH Hotels
Middle East: Dubai Parks & Resorts
TTG: Holiday Extras
WTM London is the event where the travel and tourism industry conducts its business deals. Buyers from the WTM Buyers’ Club have a combined purchasing responsibility of $22.6 billion (£15.8bn) and sign deals at the event worth $3.6 billion (£2.5bn).
World Travel Market London
WTM London, the leading global event for the travel industry, is the must-attend three-day business-to-business exhibition for the worldwide travel and tourism industry.
Almost 50,000 senior travel industry professionals, government ministers and international press, embark on ExCeL – London every November to network, negotiate and discover the latest industry opinion and trends at WTM London.
WTM London is the event where the travel industry conducts and concludes its deals. WTM London will generate around £2.5 billion of travel industry contracts.
WTM London is part of Reed Travel Exhibition’s World Travel Market events, which also includes Arabian Travel Market, World Travel Market Latin America and World Travel Market Africa. www.wtmworld.com
Reed Travel Exhibitions
Reed Travel Exhibitions (RTE) is the world’s leading provider of exhibitions in the travel and tourism industry. Its wide-ranging portfolio of events around the globe covers leisure travel, luxury travel, meetings, incentives and business travel, as well as golf, ski and spa travel.
RTE, which organises more than 22 events around the world, includes three divisions; World Travel Market, IBTM Events and International Luxury Travel Market.
RTE is a business unit of Reed Exhibitions.
About Reed Exhibitions
Reed Exhibitions is the world’s leading events organiser, with more than 500 events in 43 countries. In 2014 Reed brought together more than seven million event participants from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organised by 41 fully staffed offices. Reed Exhibitions serves 43 industry sectors with trade and consumer events. It is part of the RELX Group plc, a world-leading provider of information solutions for professional customers across industries.