SpiceJet's fleet expansion dreams hit as Boeing likely to delay 737 MAX aircraft deliveries amid suspension of production
In August this year, SpiceJet had posted its biggest-ever quarterly profit of Rs 261.7 crore, as it flew more passengers and raised fares in the wake of the collapse of Jet Airways.
This is the third agreement Jet Airways has entered into for Boeing’s 737 MAX narrowbody jets over the last one year, taking the total to 225 aircraft. The Indian airline signed firm orders for 75 planes each in October and April.
Govt has pumped in Rs 22,280 cr of taxpayer money into Air India, but where is the plan to disinvest?
Of the Rs 30,000 crore planned to be spend on Air India's turnaround plan over a 10-year period, over 70% of the promised support been given in first three-and-a-half years itself