SpiceJet airline plans to buy over 100 amphibian planes

SpiceJet plans to purchase more than 100 amphibian planes, estimated to cost US$400m, as the airline looks to boost regional operations, its CE Ajay Singh said. With regard to purchase of the up to 14-seater amphibian aircraft, SpiceJet has entered into a Memorandum of Understanding with Japan's Setouchi Holdings. Announcing its plans to enhance regional operations, Singh said the MoU is to explore whether the amphibian planes can be used by the airline in a cost effective manner. "If it is done, it will be done in excess of 100 planes," he said in response to a query on how many amphibian aircraft would be ordered. Noting that these aircraft are not expensive, he said one amphibian plane costs around $4m. Singh said if things move ahead, then the project would be done in one year. <br/>
PTI
http://www.btvi.in/article/read/industry/34470/spicejet-airline-plans-to-buy-over-100-amphibian-planes
10/4/17