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Air Asia India drops plan to take Jet's grounded B737s

IANS  |  New Delhi 

Low-cost carrier has dropped its plan to lease aircraft of grounded as the wants to continue with one type of aircraft.

"had informed the regulator about their plan to lease some of the airplanes that were operated by But later it did not follow up. Now, the idea has finally been dropped," said an industry source.

He said the did not want to pursue the plan as induction of new type of fleet was seen adding complications given the different seat configuration, maintenance and skill requirement.

"In low-cost business, one-type of fleet is advisable," the quoted above said.

Facing severe liquidity crunch, had stopped operations on April 17. In order to fill the capacity gap due to grounding of Jet Airways, the rivals and Vistara swung into action to take the crisis-hit airline's narrow-body airplanes.

While is learnt to have inducted 20 of Jet's grounded planes, Vistara took 4.

The Bengaluru-headquartered also showed initial interest and applied to of Civil (DGCA) for regulatory approval.

The is set to continue its expansion plan adding airplanes. In the next 18 months, it plans to double its fleet size from current 21 aircraft.

The that started operations in June 12, 2014 currently has a market share of 6.2 per cent in the domestic market.

(Nirbhay Kumar can be contacted at nirbhay.k@ians.in)

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 25 2019. 19:14 IST
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