INDIA’S SpiceJet today (12) announced that it will induct 16 Boeing 737-800 NG aircraft on dry lease.
SpiceJet’s latest decision has come when the cash crunch hit Jet Airways has forced to ground around 90 per cent of its 119 aircraft fleet.
Airfares in India have been witnessing an up-tick for the last a few weeks due to a steep fall in the number of flights
"SpiceJet will induct 16 Boeing 737-800 NG aircraft on dry lease and has applied to the Directorate General of Civil Aviation (DGCA) for a No Objection Certificate (NOC) to import the aircraft," the airline said.
"Subject to regulatory approvals, the aircraft would begin joining SpiceJet fleet in the next ten days.”
This is the first lot of Boeing 737s that the airline is inducting in its fleet.
SpiceJet has noted that the new inductions will push flight cancellations to zero.
In India, the availability of flights was also hit by pulling out of SpiceJet's 12 ‘737 Max’ aircraft last month following safety concerns after an Ethiopian Airlines plane crash on March 10.
