{"id":583364,"date":"2023-06-09T09:16:18","date_gmt":"2023-06-09T03:46:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=583364"},"modified":"2023-06-09T09:49:27","modified_gmt":"2023-06-09T04:19:27","slug":"spicejet-partners-with-ftai-to-restore-fleet-to-lease-up-to-20-engines","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-partners-with-ftai-to-restore-fleet-to-lease-up-to-20-engines\/","title":{"rendered":"SpiceJet partners with FTAI to restore fleet, to lease up to 20 engines"},"content":{"rendered":"<p>India&#8217;s SpiceJet said on Thursday that FTAI Aviation would lease it up to 20 engines, the first few of which the low-cost carrier would use to reactivate some of its grounded fleet over the next 2-3 months.<\/p>\n<p>The partnership with the U.S.-based engine services provider &#8220;will reduce maintenance expense and minimise aircraft downtime, enhancing the airline&#8217;s overall performance,&#8221; Spicejet said in a statement. <\/p>\n<p>The Gurugram-based airline said last month it had begun to revive 25 of its grounded fleet using its own money and a $50 million line of credit through an Indian government scheme it secured.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s SpiceJet said on Thursday that FTAI Aviation would lease it up to 20 engines, the first few of which the low-cost carrier would use to reactivate some of its grounded fleet over the next 2-3 months. The partnership with the U.S.-based engine services provider &#8220;will reduce maintenance expense and minimise aircraft downtime, enhancing the airline&#8217;s overall performance,&#8221; Spicejet said in a statement. The Gurugram-based airline said last month it had begun to revive 25 of its grounded fleet using its own money and a $50 million line of credit through an Indian government scheme it secured.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-583364","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/583364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=583364"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/583364\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=583364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=583364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=583364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}