SpiceJet short of planes to meet flight schedules - Times of India

The author has posted comments on this articleTNN | Mar 28, 2015, 04.48AM IST

NEW DELHI: Uncertainty yet again shrouds low-cost carrier (LCC) SpiceJet's ability to operate all its flights in the summer schedule. Without being sure how many planes it would have, the directorate general of civil aviation (DGCA) approved 278 daily flights for the budget carrier. But with leasors threatening to take planes back, the airline is looking at operating 235 daily — almost 20% less than the approved schedule — flights by mid-April.

The airline currently has 17 Boeing 737s and 15 Q400s — sufficient to operate about 220 daily flights. SpiceJet lost many of its Boeing planes after the Delhi High Court this month ordered the aviation regulator to deregister the jets, following disputes with three leasors. As many as 21 leased aircraft of the airline had been repossessed by leasors some months back, said an official.

"We are talking to the leasors and are hopeful of making them agree to let the planes stay with us. The airline's condition has changed under the new promoter Ajay Singh and we are hopeful they will agree. Once they agree not to take planes back from us, then we will speak to give us some of the repossessed planes," said a senior SpiceJet official. The airline is getting three Boeing 737s on wet lease very soon.

"One of the leasors who was trying to take three 737s back from us has agreed to let them stay with us. We will talk to two leasors of eight planes early next week and are hopeful they too will agree," said the official.

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