India's biggest regional airline Spicejet has obtained approval for 18 seaplane routes within India. One of these routes is to Kevadia, the site of the world’s tallest statue – a 182-meter tribute to the country’s first home minister, Vallabhbhai Patel. During the pandemic, SpiceJet is focusing on new sources of revenue,...
CFM International and India's SpiceJet Sign $12.5 Billion Deal
The joint venture between GE Aviation, and France-based Safran Aircraft Engines, CFM International, announced a $12.5 billion agreement by which Gurugram India-based SpiceJet will purchase LEAP-1B engines to power a total of 155 Boeing 737 MAX airplanes, along with spare engines to support the fleet. SpiceJet currently operates a fleet...
Air Traffic Within India Grows 17Percent in May
According to monthly traffic data released by India's Directorate General of Civil Aviation, 101,710 passengers took to the skies in May 2017 -- a 17.36 percent rise over last year's numbers of 860,690 for the same month. IndiGo, India's largest airline by market share, was at top spot for punctuality...
India's SpiceJet to Acquire 205 Boeing Aircraft
India's Gurgaon-based budget airline SpiceJet has signed an agreement with Boeing to purchase 100 new Boeing 737 MAX 8s, 42 MAXs, 13 additional 737 MAXs as well as purchase rights for 50 additional planes. India (as well as other countries in Asia), is an important market for aviation with analysts...
Forbes India CEO Dialogues: Bureaucracy in India must Expedite Economic Change
The Forbes India CEO Dialogues were held in New Delhi on March 17, where senior bureaucrats of the Indian government and leaders of industry discussed the theme ‘25 years on, has the Indian economy liberalized enough?’ Panelists included Amitabh Kant, CEO, Niti Aayog; Anil Swarup, coal secretary; Shaktikanta Das, economic...