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India’s SpiceJet Ltd, as a part of its renewed expansion mode has placed an order for buying at least 20 more planes after media baron Kalanithi Maran agreed to purchase a 37.75% stake in the airline

India’s SpiceJet To Buy 20 More Planes Soon

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India’s SpiceJet Ltd, as a part of its renewed expansion mode has placed an order for buying at least 20 more planes after media baron Kalanithi Maran agreed to purchase a 37.75% stake in the airline to become its single largest shareholder.
The planned aircraft purchase would double the fleet of the Gurgaon-based airline. Maran’s entry into the airlines is expected to stabilize SpiceJet’s operation and improve its focus. SpiceJet also plans to add 4 more aircrafts to its current all-Boeing 737 fleet of 20 aircraft. The carrier operates 137 flights daily to 19 cities and has received approval to operate flights to the capitals of Nepal, Bangladesh and Maldives.


Last Updated: 2010-06-23T11:02:36+05:30

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