New Delhi: Emboldened by a quick turnaround in fortunes under its new promoters, budget airline SpiceJetBSE 9.48 % has initiated talks with aircraft manufacturers to place orders for at least 150 planes, said Ajay Singh, chairman of India's fourth largest carrier.
"It will be a significant sized order. And it will be placed soon," Singh told ETin an interview recently.
SpiceJet is in talks to buy 100 narrow-bodied aircraft (Boeing 737 MAX or Airbus 320 Neo) and 50 turboprop aircraft. "We have two businesses here. Large aircraft for metros and larger towns and small aircraft for smaller regional towns. We see a potential in the regional aircraft business," Singh said.
He is hopeful of placing the order by the end of this financial year. "The order size for bigger aircraft would be in excess of 100 and smaller ones again would be a large-sized order and could be in the range of 50 aircraft," he said. Currently, SpiceJet operates a fleet of 25 Boeing, two Airbus (on wet lease) and 14 Bombardier aircraft.
18/11/15 Mihir Mishra & Satish John/Economic Times
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"It will be a significant sized order. And it will be placed soon," Singh told ETin an interview recently.
SpiceJet is in talks to buy 100 narrow-bodied aircraft (Boeing 737 MAX or Airbus 320 Neo) and 50 turboprop aircraft. "We have two businesses here. Large aircraft for metros and larger towns and small aircraft for smaller regional towns. We see a potential in the regional aircraft business," Singh said.
He is hopeful of placing the order by the end of this financial year. "The order size for bigger aircraft would be in excess of 100 and smaller ones again would be a large-sized order and could be in the range of 50 aircraft," he said. Currently, SpiceJet operates a fleet of 25 Boeing, two Airbus (on wet lease) and 14 Bombardier aircraft.
18/11/15 Mihir Mishra & Satish John/Economic Times
