Saturday, November 28, 2015

SpiceJet plans to place order for 100-150 planes

Mumbai: After posting profits in the first two quarters of the current fiscal, SpiceJet plans to order 100-150 aircraft and is in talks with the major aircraft manufacturers for the same.
During the winter schedule the airline will look to operate 291 flights across the country in order to rope in tourists who look to travel during the winter months.
In order to consolidate its operations and expand at the same time, the airline is looking to buy both big and narrow bodied airlines, so that it can operate in smaller airports in the tier III and tier IV towns.
“We are in talks with manufacturers for an order of 100-150 aircrafts of large and small aircrafts. The order is likely to be finalised early next year,” said Shilpa Bhatia, senior vice-president, commercial, SpiceJet.
After facing rough times in December 2014 when it had reached the brink of closure the airline was forced to cut down on the routes it used to operate.
In order to revive the company’s fortunes, the team under the airlines’ promoter and chairman, Ajay Singh focused on two of the most crucial aspects of running an airline i.e, improved ground operations and higher utilisation of aircrafts.
28/11/15 Malyaban Ghosh/Financial Express
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