India’s second-largest budget carrier SpiceJet Ltd. is exploring partnerships with global low-fare carriers as part of its second phase of international expansion. The airline currently serves only two international destinations—Kathmandu, Nepal, from Delhi and Colombo, Sri Lanka, from Chennai—and plans to start flights to 10 more international destinations, including points in South and West Asian countries.
NEW DELHI — India is likely to announce the winner of its $11 billion competition to furnish its air force with 126 combat jets in the next five to six weeks. “The next step is to call vendors and open up the commercial bids. Of the two manufacturers left in the fray for the Medium-Multirole Combat Aircraft [MMRCA], we will [determine the lowest bidder] in the next five to six weeks,” Indian Air Force (IAF) chief P.V. Naik said July 26. As per India’s defense procurement procedures, the lowest bidder wins the deal.
India’s largest airline by market share, Jet Airways, plans to merge its two low-fare subsidiaries into one full-service yet low-cost brand. Jet Airways currently operates JetLite, which it bought from Sahara Air, and Jet Konnect, both as separate businesses.