Turkish Airlines has an extensive fleet-renewal programme including up to 35 long-haul jets and it appears that Boeing is benefiting from Turkish THY Airline’s leasing experience with India’s Jet Airways. Turkish Airlines has finalised an order for an additional seven Boeing 777-300ER (Extended Range) airplanes valued at $1.9 billion at current list prices. This order is in addition to the …
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SpiceJet swings to profit as passengers shift to value carriers
Last year 55% of domestic passengers in India flew by a full service carrier and 45% by value carriers. This year the number was inverted — 55% flew by value carriers. The shift has compelled the Full Service Airlines in India, to start re-thinking their business model and announcing plans to introduce ‘single-class, no-frills’ services and deploying considerable capacity to …
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