 In 2012 , SpiceJet suffered a loss of over ₹ 390 million ( US $ 5 @.@ 8 million ) owing to increase in global crude prices . On 9 January 2012 , the Directorate General of Civil Aviation , reported that several airlines in India , including SpiceJet , have not maintained crucial data for the flight operations quality assurance . The Bombay Stock Exchange announced that ever since June 2011 , SpiceJet had been suffering losses . In 2012 , Kalanidhi Maran increased his stake in the airline by investing ₹ 1 billion ( US $ 15 million ) in the airline . The airline returned to profits at the end of the same year . In 2013 , SpiceJet entered into an inter airline pact with Tigerair on 16 December 2013 which was later scrapped in January 2015 . 
