SpiceJet, the country's favourite carrier, will induct six more Boeing 737-800 NG aircraft on dry lease. These six aircraft are in addition to the 16 B737s and 5 Q400s that the airline will soon induct. The total number of planes to be inducted in the immediate future now stands at 27.
The airline has applied to the Directorate General of Civil Aviation for a No Objection Certificate (NOC) to import the planes. Subject to regulatory approvals the aircraft would begin joining SpiceJet's fleet in the next ten days.
Ajay Singh, Chairman and Managing Director, SpiceJet said, "We are taking all possible proactive measures to deal with the sudden reduction of aviation capacity in the Indian market. SpiceJet continues to work closely with the government and regulatory authorities to help minimise passenger inconvenience. We will induct as many as 27 planes in a record time of less than two weeks and are hopeful that these inductions will help considerably ease the pressure situation."
Shares of SPICEJET LTD. was last trading in BSE at Rs.132.7 as compared to the previous close of Rs. 119.35. The total number of shares traded during the day was 22914968 in over 102369 trades.
The stock hit an intraday high of Rs. 135.8 and intraday low of 123.5. The net turnover during the day was Rs. 2980099253.