Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
»
1-min read

Air Asia India Drops Plan to Take Jet Airways' grounded B737s

Air Asia did not want to pursue the plan as induction of new type of fleet was seen adding complications given the different seat configuration, maintenance and skill requirement.

IANS

Updated:May 28, 2019, 2:10 PM IST
facebookTwitterskypewhatsapp
Air Asia India Drops Plan to Take Jet Airways' grounded B737s
Image for Representation. (Reuters)
Loading...

Low-cost carrier Air Asia India has dropped its plan to lease B737 aircraft of grounded Jet Airways as the Tata group venture carrier wants to continue with one type of aircraft. "Air Asia India had informed the aviation regulator about their plan to lease some of the B737 airplanes that were operated by Jet Airways. But later it did not follow up. Now, the idea has finally been dropped," said an industry source.

He said the airline did not want to pursue the plan as induction of new type of fleet was seen adding complications given the different seat configuration, maintenance and skill requirement. "In low-cost airline business, one-type of the fleet is advisable," the executive quoted above said. Facing severe liquidity crunch, Jet Airways had stopped operations on April 17. In order to fill the capacity gap due to the grounding of Jet Airways, the rivals SpiceJet and Vistara swung into action to take the crisis-hit airline's narrow-body airplanes.

While SpiceJet is learnt to have inducted 20 of Jet's grounded B737 planes, Vistara took 4. The Bengaluru-headquartered Air Asia India also showed initial interest and applied to Directorate General of Civil Aviation (DGCA) for regulatory approval. The airline is set to continue its expansion plan adding A320 airplanes. In the next 18 months, it plans to double its fleet size from the current 21 A320 aircraft. The budget carrier that started operations on June 12, 2014, currently has a market share of 6.2 per cent in the domestic market.

| Edited by: Anirudh SK
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
 
 

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results