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India’s SpiceJet is weighing an order for at least 100 Airbus SE planes as Boeing Co. grapples with the fallout over its grounded 737 Max. The budget carrier, a major global customer for the Max, may buy a “sizable” number of Airbus A321LR and XLR jets to accommodate a planned expansion, SpiceJet Chairman Ajay Singh said Tuesday. No decision has been made, he said, and the airline would consider a competing mid-range jetliner if Boeing decides to build one.

Airbus has “pushed us hard since the day we started flying Boeing aircraft, and of course with the current problems, they’ve pushed us harder,” Singh said in an interview at Bloomberg’s headquarters in New York. “They have made us a commercial offer and we are evaluating it.”

​The discussions with Airbus threaten Boeing with a high-profile defection at a time when the U.S. planemaker is enmeshed in one of the biggest crises in its 103-year history. SpiceJet, India’s second-largest airline, has 13 Max jets already in its fleet and has committed to buy as many as 205 of the single-aisle workhorses as it expands capacity to handle the nation’s fast-growing demand for air travel.

While Singh didn’t specify the exact size of a potential transaction, he said “any aircraft order that SpiceJet places would at least be 100 aircraft.” That would value the deal in excess of $13 billion, based on 2018 list prices before customary discounts for the A321neo. The LR and XLR variants are longer-range variants of the plane.

Article Source: https://economictimes.indiatimes.com

Indian budget carrier SpiceJet on Thursday announced the launch of 46 new flights on its domestic network starting 27th October. The airline added Rajkot to its domestic networking, with the introduction of a daily non-stop flight on the Mumbai-Rajkot route, it said in a statement. This makes the Gujarati city (Rajkot) its 54th destination in the country.

SpiceJet is also the first airline to start direct flights between Pune-Jodhpur in the country. The announcement comes amid the airline's plans to expand aggressively in the wake of the space left by the exit of Jet Airways. The new flights covering several cities on domestic routes will begin in phases from 27th October, 2019.

"As we add newer cities and flights to our network providing affordable air travel options to more and more people, our focus remains firmly on connecting the unconnected parts of the country," said Ajay Singh, Chairman and Managing Director, SpiceJet. "We are absolutely bullish on the growth potential of the smaller cities and towns of India and see great demand on the routes we have announced today," he added. 

The low-cost airline has also launched services on the Chennai-Durgapur UDAN route. Flights on both these sectors will start from 27th October 2019. SpiceJet is the first airline in India to launch non-stop flights on the Pune-Jodhpur and Chennai-Durgapur routes. The carrier has also introduced new flights on the Mumbai-Jodhpur, Bengaluru-Guwahati, Chennai-Vishakhapatnam, Chennai-Jaipur, Vijayawada-Vishakhapatnam and Hyderabad-Aurangabad sectors. The airline will operate flights on the Chennai - Patna, Ahmedabad-Jodhpur and Surat-Udaipur routes as well.

SpiceJet will also expand its operation with additional frequencies on the Hyderabad-Varanasi (2nd frequency), Bengaluru-Shirdi (2nd frequency), Chennai-Ahmedabad (2nd & 3rd frequency), Chennai-Guwahati (2nd frequency), Hyderabad-Bengaluru (3rd & 4th frequency), Delhi-Ahmedabad (3rd frequency), Kolkata-Chennai (3rd frequency), Chennai-Bengaluru (5th frequency) sectors besides re-instating its services on the Bengaluru-Varanasi route.
Airline frequency refers to the number of flights a carrier can provide in a set time period typically on shorter routes between two big urban destinations. The airline will deploy a mix of its Boeing 737 NG and Bombardier Q400 aircraft on all these routes.
Out of the two new frequencies introduced on the Hyderabad-Bengaluru sector, one will operate daily and the second one will operate on all days except Tuesday.
SpiceJet has been on an expansion spree of late as it is also planning to buy around 100 Airbus planes as uncertainty over its Boeing Co's grounded 737 Max planes persists.

 Article Source: https://www.businesstoday.in