As part of its campaign to woo investors to participate in a planned capital infusion of INR32.36 billion rupees (USD385.4 million), SpiceJet (SG, Delhi International) intends to unground 28 of its 36 grounded aircraft, practically doubling the size of its current operational fleet. According to its plans, recently revealed in a September 6 presentation, the [...]
Regional Indian operator flybig (FLG, Indore) intends to start amphibious Viking Air Twin Otter flights to the Andaman and Car Nicobar islands by the end of the year, chairman and managing director Sanjay Mandavia told India's Financial Express newspaper. This follows last month's release by India's civil aviation ministry of guidelines for seaplane operations under [...]
SpiceJet (SG, Delhi International) intends to lease in an additional ten B737s to cater for increased travel demand over the upcoming holiday season, multiple sources told the business news site Moneycontrol. The news comes as an increasing number of SpiceJet aircraft go out-of-service. "The expansion is strategically timed to capitalise on the upcoming peak travel [...]
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A Colombo businessman is publicising plans to launch a scheduled passenger carrier called Air Ceilão which he says will harness Sri Lanka’s strategic position as a regional aviation hub and "reshape how the world views air travel." Air Ceilão chairman Janith Kashan told local outlets late last month that launch plans "are already in motion" [...]
Jazeera Airways (J9, Kuwait) is contemplating setting up new bases outside Kuwait should the opportunity arise as it remains optimistic about expansion despite Middle East geopolitical challenges, according to CEO Barathan Pasupathi. He told the Abu Dhabi news site The National that the low-cost carrier is concentrating on expanding direct routes from Kuwait to capitalise [...]
Prospective purchasers of PIA - Pakistan International Airlines (PK, Islamabad International) are pushing back on a government requirement to invest USD500 million in the airline, increase its fleet, and maintain certain routes, according to the Express Tribune newspaper. Islamabad plans to sell a 75% stake in the majority state-owned carrier, but the six shortlisted bidders [...]
SpiceJet (SG, Delhi International) has told investors it plans to raise INR32.36 billion rupees (USD385.4 million) to settle liabilities, unground aircraft, induct new planes, and other general purposes. The low-cost carrier made its presentation on September 6 as part of its campaign to woo investors to participate in its planned capital infusion. The airline plans [...]