SpiceJet Focused on India for Now

Singapore: SpiceJet Ltd., the first Indian low-cost carrier to receive permission to fly abroad, is going slow on adding international routes and instead plans to focus on putting smaller cities on the flight map, where it sees greater growth opportunity.
To cater to the growing demand for aviation in India, SpiceJet will lease seven Boeing 737-800 planes in 2012 and another eight in 2013 as it awaits deliveries of 30 more aircraft on order starting in 2014, Chief Commercial Officer Samyukth Sridharan said in an interview on the sidelines of a low-cost airlines conference in Singapore.
"In 2012 calendar and 2013 calendar, we don't have a scheduled delivery [for Boeing aircraft]. We have locked in positions with lessors to ensure that we'll continue to grow at seven to eight planes a year," he said. The airline's fleet will rise to 32 by the end of the year from 25 at present.
In July 2010, SpiceJet placed a $2.7 billion order for 30 737-800 single aisle planes from Boeing Co., which will be delivered from 2014 through 2019. The airline will receive four Boeing jets this year, completing deliveries from an earlier order for 30 planes.
SpiceJet aims to raise its fleet to 72 aircraft and operate 500 daily flights by 2013, Mr. Sridharan said.
28/01/11 Gaurav Raghuvanshi/Wall Street Journal

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Categories: spicejet Jan 2011