Thursday, January 28, 2010

SpiceJet: In Talks With Boeing, Airbus to Buy Planes

Singapore: Indian budget carrier SpiceJet Ltd. is in initial talks with Boeing Co. and Airbus to order new planes, its chief commercial officer said Thursday.
"We are evaluating the future," Samyukth Sridharan told Dow Jones Newswires on the sidelines of a conference on budget airlines. "We have not taken a decision. It is at a very preliminary stage."
Mr. Sridharan said SpiceJet is on track to take delivery of five additional Boeing 737-800 planes by February 2011, with the first plane coming in March this year. The airline currently has 19 Boeing planes.
He said an additional four Boeing planes will be added at a later stage, taking the fleet size to 28.
Mr. Sridharan reiterated that SpiceJet, which will complete five years of domestic operations on May 23, has sought approval from India's federal government to start flights to Nepal, Bangladesh, the Maldives and Sri Lanka.
28/01/10 PR Venkat/Wall Street Journal, USA
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