SpiceJet Adds Domestic Flights; New Regional India Routes Open For Bids
Nigel Howarth / Aviation Week
Several government-driven business and tax incentives have sought to position India as a player in the global leasing market. An estimated 70% of aircraft in the country are on lease. With potential lessors encouraged to set up by March 2024 in order to enjoy the financial incentives, the country could see a mix of domestic and international companies set up a presence there over the next few years. SpiceJet is planning to further grow its domestic route network in India as it seeks to gain ground on larger rival IndiGo. The growth comes as carriers continue to focus on their home country in the absence of overseas flights, with the ban on scheduled international commercial passenger services...
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