SpiceJet Crisis: Airline to induct seven Boeings by March-end as ownership changes


With ownership changing, low-cost carrier SpiceJeplans to induct seven more Boeing aircraft by the end of March this year to take its fleet strength to 26 Boeings and 15 Bombardier Q400s for the summer schedule, as per a plan approved by the civil aviation ministry on Thursday.
"SpiceJet will induct seven aircraft by March-end and increase the Boeing fleet to 26. For the summer schedule, the airline plans to continue operating Bombardier Q400s till they find a way to phase out the aircraft," said a source in the know of things.
By that time, the airline will operate 280 flights a day, a big improvement from the current 200 flights, but would still be short of 345 flights the airline used to operate till July last year. Sources also said that the airline plans to stop flying to a few destinations as part of its network restructuring plan.
"We will now start the process of analysing routes on the basis of revenue potential. We may shut routes that do not have revenue potential," said an airline source, who did not wish to be identified.

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