Domestic airlines curtail fleet expansion plans
Mumbai: India’s airlines are sharply curtailing their fleet expansion plans as the Covid-19 pandemic saps demand for travel and pushes prospects of a recovery to next year.
Carriers are likely to take delivery of not more than 25 planes for the year ending December, less than a third of what they were collectively scheduled to get, said several people aware of the matter. This includes 10-15 planes already inducted, they said.
Market leader IndiGo will take the majority of the planes, although at a slower pace than its rate of one plane every week last year/ A handful of aircraft, including one Boeing 787 Dreamliner, will likely go to Vistara. AirAsia India, GoAir and SpiceJetNSE 2.05 % may not take any fresh aircraft deliveries in 2020.
