Tuesday, March 28, 2006

SpiceJet sees 10 pct market share by Dec

New Delhi:Discount airline SpiceJet Ltd. said on Monday it would add five new aircrafts to its fleet by December to help it raise market share.
"Our current market share is 6.5 percent and we expect this to be 10 percent by the end of 2006 as we will be adding five more aircraft this year," Ajay Singh, a director at SpiceJet, told reporters."We expect to carry over 360,000 passengers every month by the end of 2006. Our current seat capacity is 210,000 a month with five planes and we are flying at 85 percent load factor."
The carrier runs 40 flights everyday and is trying to decide a route for its sixth plane, which is scheduled for delivery in May on lease, he said.
27/03/06 Reuters