Can SpiceJet expand its international destinations

India Aviation Industry Newsletter November 12th

CDB Aviation and SpiceJet sign lease for three 737 MAX aircraft

CDB Aviation announced on November 6th that it has signed a long-term lease agreement for three Boeing 737 MAX 8s with Indian low-cost airline SpiceJet. "We are excited to enter into this new agreement with SpiceJet for three additional 737 MAX aircraft that will help the airline expand and standardize its fleet," said Patrick Hannigan, CDB Aviation's chief commercial officer. "This efficient jet will support the airline's continued efforts to significantly reduce maintenance costs and improve domestic and international connectivity."

Direct flight India-Cambodia expected "soon"

India Media reports hopes for a direct flight between Cambodia and India, with the Indian ambassador announcing that the flight is expected "soon". At a meeting last week in Phnom Penh, Ambassador Manika Jain told Mao Havannal, Secretary of State for Civil Aviation, that India "has plans to fly direct to Cambodia" and that "it will happen soon".

IndiGo opts for 125 more Airbus A321Neos

According to media reports, IndiGo had already ordered 25 Airbus A321Neos, and the latest order update from Airbus shows that this number increases to 321Neos with the switch from the 150 options from the Airbus A125NEO to the A320NEO. The first aircraft is expected to be delivered this month.

The Indian government approves proposals to privatize six more airports

The Indian government has approved a proposal to manage and develop Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru airports under a public-private partnership (PPP) model. Indian Justice Minister Ravi Shankar Prasad said the proposal had been approved "in principle" to hand over the airports to PPP operators currently managed by the Airports Authority of India (AAI).

Jet Airways launches India's first non-stop flight between Mumbai and Manchester

Jet Airways launched its new non-stop service between Mumbai and Manchester and continued to expand the airline's connectivity in the UK. This new service is the first non-stop service to connect India via its economic capital to Manchester, the UK's third largest city. With the start of its fifth non-stop service to / from Great Britain, Jet Airways is now the largest airline between Mumbai and Great Britain and Manchester, the third international destination in the airline's network. Mr. Raj Sivakumar, Senior Vice President - Global Sales for Jet Airways, said: “The start of the maiden flight between Mumbai and Manchester is a proud moment for us. Guests traveling to the UK now have multiple options to travel to destinations of their choice. Our new 5-day-a-week non-stop service brings Manchester to our global network and expands our presence and range of connectivity to and from the UK for our guests. The new service will allow Jet Airways to offer more than 8,500 seats per week, making it increasingly convenient for business travelers, holidaymakers and students to travel between India and the UK, thereby strengthening trade and tourism ties between the two countries. ”

37% of India's outbound market will be directed to GCC by 2022

The number of Indian visitors traveling to the GCC in the next five years will have to book an additional 10.8 million hotel room nights, according to data released prior to the Arabian Travel Market. The latest studies published by Colliers International predict that around nine million Indians will travel to the GCC by 2022 - 37 percent of India's total outbound market - with business, work and leisure underpinning that demand. Foreign Indian tourists will account for 22.5 million tourists worldwide in 2018. According to UNWTO reports, that number will increase by 122 percent to reach 50 million.

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