SpiceJet Current Affairs - 2019

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SpiceJet: 4th Indian Airline to have 100 aircraft fleet

No-frills airline SpiceJet became fourth Indian airline to have a 100 aircraft in its fleet after a recent induction of a Boeing 737 which became its 100th plane. The other three domestic airline with 100 Aircraft fleet are national carrier Air India, now grounded Jet Airways and IndiGo.

About Spicejet

  • It is a Gurugram-based budget carrier (No-frills airline). It has an aircraft fleet of 30 Bombardier Q-400s, 68 Boeing 737s and two B737 freighters.
  • At present SpiceJet on an average operates 575 daily flights to around 62 destinations 53 domestic and 9 international. It last one month alone the airline has added some 23 planes.
  • SpiceJet is a key player in Union government’s regional connectivity scheme called UDAN (Ude Desh ka Aam Nagrik) as it operates 42 flights per day to and from various regional destinations.
  • In 2015, SpiceJet placed an order for 205 aircraft with Boeing (US) worth $22 billion which was followed by order for 50 Bombardier Q400 planes worth $1.7 billion.

Other Indian Domestic Carriers

Eight main domestic carriers in India together have 595 planes in their fleet at the moment. They are-

  1. Air India has 128 planes in their fleet
  2. IndiGo has 230
  3. SpiceJet has 100
  4. GoAir has 49 planes
  5. Air India Express has 25 planes
  6. Vistara has 22 planes
  7. AirAsia India has 21
  8. Alliance Air (is regional subsidiary of Air India) has 20 ATRs for operations.

Month: Categories: Business, Economy & Banking

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SpiceJet joins IATA

Indian low-cost airlines SpiceJet has joined the International Air Transport Association (IATA). SpiceJet is the first Indian budget carrier to join the IATA, which has over 290 airlines as members.

The membership of IATA will allow SpiceJet to explore and grow its collaborations with international member airlines of IATA through interlining and code shares and also enables to seamlessly expand the network options for its passengers in future.

International Air Transport Association (IATA)

International Air Transport Association (IATA) is the trade association for the world’s airlines and represents some 290 airlines which contribute to about 82% of total air traffic.

Functions of IATA
  • IATA helps airlines to operate safely, securely, efficiently, and economically under clearly defined rules.
  • IATA provides professional support is provided to all industry stakeholders with a wide range of products and expert services.
  • IATA aims to assist airlines by simplifying processes and increasing passenger convenience while reducing costs and improving efficiency.
  • IATA also aims to improve understanding of the air transport industry among decision makers and increase awareness of the benefits that aviation brings to national and global economies.
  • IATA advocates for the interests of airlines across the globe and challenges unreasonable rules and charges and strive for sensible regulation.

IATA headquartered in Montreal, Quebec, Canada supports airline activity and helps formulate industry policy and standards. IATA which is the successor to the International Air Traffic Association, which was formed in 1919 at The Hague was formed in April 1945 in Havana, Cuba.

Month: Categories: Business, Economy & BankingUPSC

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