Monday, November 24, 2014

SpiceJet fleet thinning down

New Delhi: Low cost carrier SpiceJet claimed to have 26 Boeing 737s operational in its fleet on Tuesday — down from a summer high of 35. But in just five days, or by Sunday, the airline admits that its Boeing fleet has depleted by two more and is down to 24.

On Tuesday, COO Sanjiv Kapoor had said that the airline's daily flights were down from 345 in the summer to 300. But with two more planes not flying now, the cancellations have grown. While the LCC claims 50-odd flight reductions, industry sources say its actual fleet flying and number of daily flights being operated on them may be much lower—causing hardship to flyers who booked in advance.

"We are revamping the fleet to come out stronger and shed unfavourable contracts and unwanted aircraft. We are doing this as part of turnaround process ... (Our) schedule reduction is about 50," Kapoor told TOI on Sunday, while claiming that the airline's Boeing 737s fleet will grow to about 30 by year-end.
Aviation authorities are closely watching the crisis deepen at SpiceJet which needs immediate infusion of funds to survive.
24/11/14 Saurabh Sinha/Times of India
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