Fleet expansion by carriers not to make up for Jet absence
NEW DELHI: Even as SpiceJet and Indigo are aggressively expanding their fleets, they are unlikely to bridge the entire demand-supply gap created by the temporary grounding of Jet Airways.
According to a report by Elara Capital, domestic carriers would potentially add 150 aircraft during the financial year 2020. The fleet size of SpiceJet would be up by 45-50 aircraft, that of IndiGo by 50, GoAir by 10- 15, Air India by 25, and Vistara and AirAsia by 15.
