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Budget airlines lead shift from Boeing to Airbus: SpiceJet next to consider change-up
TransportSpiceJet Ltd., the Indian discount carrier operating an all-Boeing Co. fleet, said it may consider a full switch to Airbus SAS aircraft as it weighs options for a new generation of planes. “As long as you can manage the implications and the risks that you’re taking and there’s enough money in it” the company would [...]
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SpiceJet tries to stand apart with personalized names for each of its aircraft
TransportFor most of us flying is routine these days. We may note in a vague way whether we’re flying Airbus, Boeing or Bombardier, but the individual planes hardly stand out. But not if you’re flying SpiceJet where, as you get down from the bus on the tarmac and wait to climb the steps, you can [...]
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The great Indian aviation stake sale begins: Etihad looking at Jet, AirAsia at Spicejet
TransportThis just in as an alert from Reuters: “Jet Airways in talks with Etihad to sell minority stake, talks expected to conclude in six weeks; SpiceJet in talks with Malaysia’s AirAsia to sell stake – govt source” Also reporting on the possible talks are other reporters, including Shilpa Kannan from BBC India, who is tweeting [...]
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Indian aviation official asks SpiceJet to launch commercial flights to risky flying territory
TransportThe Directorate General of Civil Aviation (DGCA) has asked SpiceJet Ltd to start passenger flights to India’s northern-most airfield in Kargil in Jammu and Kashmir, a move the budget airline resisted on the grounds that it’s unsafe. Typically, it’s up to the airline to choose where it wants to fly as long as the routing [...]
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Foreign investors aren’t very interested in aiding the ailing airlines in India
TransportIndia’s decision allowing airlines to sell stakes of as much as 49 percent to overseas carriers may be most beneficial to operators least in need of investment. SpiceJet Ltd. (SJET), which has said it’s in “no rush” for funds, may be the most appealing target for foreign investors because of the discount carrier’s low debt [...]
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Foreign airlines are given the green light to invest (read: save) Indian carriers
TransportThere has been all-round cheer on the government’s decision to allow foreign airlines to invest up to 49 percent in Indian carriers this evening. Today’s move reversed a 1997 decision which had barred foreign airlines from investing in Indian ones. The 1997 decision, allegedly based on pressure from the domestic aviation lobby, had resulted in [...]
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Indian budget airlines expand international routes as incumbent carriers cut back
TransportRecent woes in the Indian aviation sector are providing a further boost to the international aspirations of the nation’s LCC operators. IndiGo and SpiceJet are changing the market dynamics by opening up new international routes to low-cost competition as the Ministry of Civil Aviation grants private carriers additional access to bilateral entitlements. While incumbent network carriers, Air India and Kingfisher [...]
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SpiceJet’s unexpected profit reveals the silver lining of India’s ailing airline industry
TransportSpiceJet Ltd, India’s second-biggest budget airline, posted an unexpected quarterly profit on Monday that raised hopes of a turnaround in the country’s embattled aviation industry, sending airline stocks sharply higher. Indian carriers, reeling under debt of $20 billion, lost a combined $2 billion last year on high fuel and airport charges and below-cost fares. All [...]
