Low-cost carriers to double fleet

New Delhi: The country's leading low-cost air carriers (LCCs) — IndiGo, SpiceJet and GoAir — are set to nearly double their fleet capacity over the next 17 months.
This addition by LCCs is set to increase the number of low-cost seats in the domestic network to 80 per cent of the total. Currently, Indian air carriers offer 115,000 domestic seats in a day and 70 per cent of this is low-cost.
The airlines, who have come out of a nearly two-year recession, have together ordered 48 new aircraft, either on purchase or on long-term lease, valued at a little over Rs 12,000 crore. It will expand their airplanes from 56 to 104.
IndiGo, the largest LCC, with a market share of 16.4 per cent, is getting 21 new Airbus-320s, of which seven will be added this year. SpiceJet, in the process of being taken over by Sun TV promoter Kalanathi Maran, will induct about 15 new airplanes during the period, seven in this financial year. GoAir, currently with eight aircraft, is adding two this year and might advance deliveries of 10 Airbuses earlier slated to come in 2011-12.
22/07/10 Surajeet Das Gupta & Mihir Mishra/Business Standard

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Categories: GoAir Jul 2010, Indigo Airlines Jul 2010, SpiceJet Jul 2010