Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / SpiceJet to begin Tier-2 and 3 regional service from July
BackBack

SpiceJet to begin Tier-2 and 3 regional service from July

SpiceJet to begin Tier-2 and 3 regional service from July

Premium

Mumbai:Private air-carrier SpiceJet will begin regional operations from tier-2 and 3 cities like Vijayawada, Tirupati, Mysore, Mangalore, Madurai, Nagpur and Indore from mid-July using the Bombardier Q400 Next Gen turboprop aircraft, a top company official said.

“We have selected Hyderabad Airport as the first base for our operations. We will be flying from Hyderabad to tier-2 and tier-3 cities in South and Central India," Spicejet chief commercial officer Samyukth Sridharan said in Mumabi.

Deliveries of the Q400 aircraft start in the last week of this month, he said.

“We expect the first aircraft to enter into service and become operational by mid-July. The delivery of the first 15 Bombardier Q400 aircraft starts this month-end and will be completed by June, 2012 -- over a period of 13 months. The order also has an option to purchase 15 additional aircraft. If this option is exercised by SpiceJet, there would be 15 more deliveries over a period of 24-months," Sridharan said.

The Bombardier Q400 NextGen turboprop aircraft, which can seat 78 passengers, was chosen for SpiceJet’s regional operations because it is designed for short-haul routes and has a reputation of being fast, quiet and fuel-efficient.

The aircraft has a unique ANVS (Active Noise and Vibration Suppression) system which renders noise and vibration levels to minimal levels. It also delivers the lowest operating costs per seat in the industry, with a 30% to 50% advantage over other aircraft on short-haul routes, he said.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 09 Jun 2011, 02:14 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie