Indigo to add 14 planes this year
The country’s largest low-cost airline Indigo, which entered record books with the single largest order for big jets in commercial aviation industry in December, will add 14 planes to its fleet this year. This will take its total fleet strength to 48.india Updated: Feb 18, 2011 21:21 IST
The country’s largest low-cost airline Indigo, which entered record books with the single largest order for big jets in commercial aviation industry in December, will add 14 planes to its fleet this year. This will take its total fleet strength to 48.
The Gurgaon-based carrier had sealed a $15.6-billion (around R 70,000 crore) deal to buy 180 aircraft with a capacity to carry about 150 passengers each. Aditya Ghosh, President, Indigo, said a final decision on engine selection was yet to be taken by the airline.
Ghosh said, as of now, the airline had no plans for an initial public offering of shares to fund its expansion plans. “There is no listing plan at the moment,” said Ghosh. He added that the airline had no immediate plans to raise fares in the backdrop of an increase in jet fuel prices.
The low-frills carrier has a domestic market share of 18.6% that makes it the country’s second largest airline, along with Kingfisher. From August, it would start international operations to Singapore, Bangkok, Dubai and Muscat.
Panel to resolve AI wage issue
A committee headed by a retired judge would be appointed to resolve issues relating to disparity in wage structure and seniority of Air India (AI) employees.
The suggestion was made by Civil Aviation Minister Valayar Ravi during his meetings with leaders of (AI) unions in Mumbai. "After a two-day meeting with all the employees unions of AI, I have suggested formation of a committee headed by a retired judge to resolve their issues relating to service matter," said Ravi after inaugurating the centenary celebration of civil aviation in India on Friday.