SPICEJET is the name of a new Indian budget airline that plans to be operational in May and has ordered ten Boeing 737-800 aircraft.
The airline is a subsidiary of Royal Airways, an Indian listed company, which formerly traded under the name of Modiluft.
Announced at last week”s Indian air show at Bangalore this latest order substantiates claims that the sub-continent”s domestic market is now growing at a rate of 20% per annum.
As reported in ABTN since the start of the year there has been a substantial order from both Air Deccan and Kingfisher Airlines for Airbus A320 series aircraft, both part of a low cost airline trend in India.
http://www.spicejet.com