SpiceJet to add 7 Boeing 737 aircraft; another Rs 500 cr infusion in April

NEW DELHI: As it embarks on a revival path, budget carrier SpiceJetBSE 7.44 % plans to lease seven more Boeing 737 aircraft by May while another Rs 500 crore is expected to be infused by its new owner Ajay Singh next month.

 Singh has already pumped in Rs 500 crore into the carrier after he took over control last month from erstwhile promoter the Maran family as part of the airline's revival plan.

"We plan to induct seven more Boeing 737 planes between April and May, which would take our total Boeing fleet size to 22," a top source at the airline told PTI.

The source, who did not wish to be named, said that Singh recently had discussions with some of the aircraft leasing firms.

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