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New aircraft to trim costs by 15-17% in long run: SpiceJet Chief

With fuel burn at 20 percent less than the existing fleet, the new airplane range will help reduce costs, said Ajay Singh, CMD of SpiceJet. The low-cost carrier, on January 13, announced a mammoth deal worth Rs 1,50,000 crore to purchase 205 aircraft from the US-based aircraft maker Boeing.

first published: Jan 13, 2017 03:07 pm

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