Tuesday, October 23, 2007

Spicejet signs agreement with Air India for Haj Pilgrims

Spicejet Ltd has announced that the Company has signed an agreement with Air India for the wet lease of two of the Company's Boeing 737 - 800 aircrafts, for operating daily flights between Lucknow, Varanasi, Jaipur and Nagpur & Jeddah. During the term of the agreement, the Company will operate around 120 flights and will carry around 20,000 Haj pilgrims.
The Company was one of the successful bidders for the tender floated by Air India. As per the agreement, the Company will provide its aircraft, pilots and the cabin crew and will also be responsible for the overall maintenance of the aircraft and insurance. Air India will take care of the in-flight catering and passenger handling. This is the first time that Air India has assigned a Cost Carrier the responsibility to fly pilgrims for Haj.
22/10/07 Equity Bulls
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