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9 more planes for Spicejet

SpiceJet plans to induct nine more aircraft by 2012, Chief Executive Officer Sanjay Aggarwal said on Wednesday. "We plan to induct nine more aircraft by 2012… The company is likely to break-even by March-end for this year."

india Updated: Mar 04, 2010 01:27 IST

SpiceJet plans to induct nine more aircraft by 2012, Chief Executive Officer Sanjay Aggarwal said on Wednesday. "We plan to induct nine more aircraft by 2012… The company is likely to break-even by March-end for this year."

On fund-raising, Aggarwal said the company was looking at finalising the process in the next three-six months.

On airfare hike, he said, "We are currently studying the situation and will take a call accordingly." He added that a 10 per cent hike would be reasonable in present circumstances.