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India’s SpiceJet to add up to 40 new passenger aircraft

SpiceJet (SG, Delhi Int’l) wants to add another 30 to 40 passenger aircraft, including 10 to 15 more widebodies, on top of the 133 B737-8s it is still awaiting delivery for, its chairman and managing director Ajay Singh told Bloomberg on the sidelines of the IATA conference in Boston this week.

The budget carrier has “a reasonable chance” of breaking even during this final quarter of 2021, he claimed, due to cost cuts, reworked lease contracts, a recovery in passenger travel in India, and the value of its cargo operation. SpiceJet is also hopeful of reaching a compensation deal with Boeing “very soon” for the MAX grounding. Meanwhile, salaries have been restored for all employees, he added.

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