SpiceJet wins ICWAI award for excellence in Cost Management
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SpiceJet has won (17-Mar-09) the coveted ICWAI award for excellence in Cost Management. The award was presented by The Ministry of Corporate Affairs, Government of India recently. Nandan Mimani, Vice President Finance and Financial Controller represented the company to collect the award. SpiceJet was one out of three companies from the private sector who won this award.
A distinguished jury comprising eminent people from Industry, Academia and Administration carefully selected the winners. Winners were selected on the basis of better practices for resource management, efficient utilization of capacity and working capital, quality augmentation program and R&D efforts and precise information on performance.
Commenting on this, Chief Executive Officer, SpiceJet Limited Sanjay Aggarwal said, "We are delighted with this award – it is a recognition of our collective efforts in the right direction. Cost consciousness has been an intrinsic part of our corporate culture – SpiceJet has one of the lowest operating costs in the industry. We are constantly evaluating how to manage our costs even better, while providing a better experience to our customers."
(c) Centre for Asia Pacific Aviation. Date posted: 20-Mar-09
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SpiceJet wins ICWAI award for excellence in Cost Management 
