Saturday, October 15, 2016

SpiceJet to add 8 planes as it moves to add more overseas destinations

No-frills carrier SpiceJet is on course to adding five big aircraft to its fleet of 43 planes, apart from three Bombardiers during the current financial year, according to Ajay Singh, Chairman and Managing Director.

The CMD said they are also at an advanced stage of finalising a large order of aircraft acquisition, and this could work out even within a month if business goes as per plans.

Speaking on the sidelines of an event hosted by the Young FICCI Ladies Organisation here today, Singh said the airlines currently operates about 320 flights per day and expects to increase this by about 10 per cent during the course of this financial year.

“In addition to serving six overseas destinations, we are looking at connecting a few more foreign cities. This will be possible as we add more aircraft,” he said.

“While it is not possible to share the number of aircraft we will order at this time, we have finalised the vendors,” he said.

Sharing his experiences in helping turnaround SpiceJet, which was heading the Kingfisher Airlines way of bankruptcy, he said the airline has clocked consistent growth over the past 17 months and managed flight occupancy level in excess of over 90 per cent month-on-month.
14/10/16 V Rishi Kumar/The Hindu Business Line
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