Monday, November 25, 2019

Post Jet Airways crisis, domestic airlines to increase their fleet size

As the void left by the demise of Jet Airways in April is now filled and positive forecast about more passengers taking the aerial route, domestic carriers in the country continue to increase their fleet size.
IndiGo, which had a fleet 245 aircraft including 129 A320ceos and 89 A320neos, recently placed an order for 300 Airbus A320neo family planes worth at least USD 33 billion at recent list prices, handing the plane-maker one of its largest orders ever. The order is a mix of A320 neo, A321 neo, and the new long range aircraft A321 XLR that will also help the country’s largest carrier to widen its international footprint.
For the full fiscal 2020 Y-o-Y, IndiGo’s capacity increase in available seat kilometers is expected to be 25 per cent. In the turbulent second quarter, when it reported record loss of `1,062 crore, it managed to add 10 planes.
SpiceJet, country’s second largest private carrier that inducted only three Boeing 737 NG aircraft and one Q400 during the quarter ended 30 September, also plans to enhance passenger capacity in near future by inducting aircraft on short term leases in the ongoing winter schedule when demand and fare generally remain high.
The low-cost carrier that also has aggressive international ambitions and is all set to launch an airline outside India in Ras Al Khaimah in the United Arab Emirates, is in talks with Boeing Co. to buy more 737 Max aircraft, which at present remains grounded.
Earlier, Vistara, Tata Sons and Singapore Airlines’ joint venture, said it would almost double its fleet size to 42 planes by this fiscal end as compared to 22 aircraft in March 2019. Last year, Vistara had ordered 50 planes from the Airbus A320neo family, including the A321neo, to be delivered till 2023.
25/11/19 New Indian Express

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