The Indian aviation sector floundered last fiscal due to high fuel cost and weak pricing power. But low-cost carriers IndiGo, GoAir and SpiceJet — buoyed by expansion in market share and expectations of market growth — went aggressive on their expansion plans.
While IndiGo and GoAir placed large orders for the Airbus A320 Neo aircraft, the Sun Group controlled SpiceJet placed its bets on the Bombardier Q400 turboprop aircraft. These, SpiceJet says in its annual report for 2011-12, helped the airline connect to Tier II and Tier III cities. It placed an order for 15 Q400 aircraft and took delivery of 12 last fiscal.
What made the airline decide to go for the Bombardier Q400? SpiceJet says the airports in many smaller cities do not have the infrastructure to accommodate jets.
15/10/12 Anand Kalyanara/Business Line
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While IndiGo and GoAir placed large orders for the Airbus A320 Neo aircraft, the Sun Group controlled SpiceJet placed its bets on the Bombardier Q400 turboprop aircraft. These, SpiceJet says in its annual report for 2011-12, helped the airline connect to Tier II and Tier III cities. It placed an order for 15 Q400 aircraft and took delivery of 12 last fiscal.
What made the airline decide to go for the Bombardier Q400? SpiceJet says the airports in many smaller cities do not have the infrastructure to accommodate jets.
15/10/12 Anand Kalyanara/Business Line
