+
Air India and SpiceJet boost fleet amid high year-end demand
AVIATION & AIRPORTS

Air India and SpiceJet boost fleet amid high year-end demand

During the festive season and the approaching year-end rush in passenger traffic, both Air India and SpiceJet are scaling up their capacities to meet the high demand.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, revealed the delivery of the first batch of six Airbus A320neo aircraft to Air India. Concurrently, SpiceJet added five leased Boeing 737s to its fleet, including three 737 MAX aircraft, showcasing the airline's commitment to expanding and diversifying its flight services, as mentioned in their statement.

This development follows SpiceJet's recent introduction of three leased Boeing 737s, including one 737 MAX, emphasising the airline's determination to broaden its services. Campbell Wilson, Chief Executive Officer and Managing Director of Air India and Chairman of Air India Express, had stated in October that the Air India Group plans to acquire one new aircraft every six days on average until the end of 2024.

Despite a 10% increase in airlines' capacity deployment in September 2023 compared to September 2022, the capacity remained 0.5% lower than pre-Covid levels, according to a report by ICRA. This growth has been hindered by ongoing supply chain and manufacturing challenges, impacting aircraft manufacturers' delivery schedules. Boeing, for instance, announced on October 25 that it would adjust its delivery goal for Boeing 737 (MAX) aircraft, aiming to deliver 375-400 planes in 2023, down from the earlier target of 400-450 airplanes, due to these challenges.

During the festive season and the approaching year-end rush in passenger traffic, both Air India and SpiceJet are scaling up their capacities to meet the high demand.CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, revealed the delivery of the first batch of six Airbus A320neo aircraft to Air India. Concurrently, SpiceJet added five leased Boeing 737s to its fleet, including three 737 MAX aircraft, showcasing the airline's commitment to expanding and diversifying its flight services, as mentioned in their statement.This development follows SpiceJet's recent introduction of three leased Boeing 737s, including one 737 MAX, emphasising the airline's determination to broaden its services. Campbell Wilson, Chief Executive Officer and Managing Director of Air India and Chairman of Air India Express, had stated in October that the Air India Group plans to acquire one new aircraft every six days on average until the end of 2024.Despite a 10% increase in airlines' capacity deployment in September 2023 compared to September 2022, the capacity remained 0.5% lower than pre-Covid levels, according to a report by ICRA. This growth has been hindered by ongoing supply chain and manufacturing challenges, impacting aircraft manufacturers' delivery schedules. Boeing, for instance, announced on October 25 that it would adjust its delivery goal for Boeing 737 (MAX) aircraft, aiming to deliver 375-400 planes in 2023, down from the earlier target of 400-450 airplanes, due to these challenges.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code