Friday, March 31, 2017

SpiceJet readies for UDAN takeoff by adding three new Bombardiers to fleet

SpiceJet has added three Bombardier Q400 planes to its fleet to fly on routes under the government’s Regional Connectivity Scheme, an official from the listed airline told Moneycontrol.

With the latest induction, SpiceJet now has 33 Boeing B737 next generation planes and 20 Bombardier Q-400s.

The low-cost carrier, promoted by Ajay Singh, will fly on 11 routes covering four unserved and two underserved airports under the first phase of the government’s Ude Desh ka Aam Nagrik (UDAN) scheme.

On Thursday, SpiceJet and four other airlines won the bids to operate under the first phase of the scheme with funding assistance from the Centre and state governments. The five airlines have been awarded 128 routes (most of them exclusive) connecting 43 airports. The companies will have a three-year exclusivity on the routes.
31/03/17 Money Control