 Established as air taxi provider <unk> in 1984 , the company was acquired by Indian entrepreneur Ajay Singh in 2004 and re @-@ christened as SpiceJet . The airline operated its first flight in May 2005 . Indian media baron Kalanidhi Maran acquired a controlling stake in SpiceJet in June 2010 through Sun Group which was sold back to Ajay Singh in January 2015 . The airline operates a fleet of Boeing 737 and Bombardier Dash aircraft . 
