Budget carrier SpiceJet on Wednesday said it plans to buy around 100 new planes as part of a long-term business plan and is in talks with global aircraft makers including Boeing and Airbus in this regard.
“We need to have some long-term aircraft order so that we can put a business plan around it. The next logical step, after the revival is that we need to have a long-term vision and for that we need aircraft order,” SpiceJet Chief Financial Officer Kiran Koteshwar told the news agency on Wednesday.
The Gurgaon-based airline, which was on the verge of closure late last year, had yesterday reported its second straight quarterly profit at `71.8 crore in the three months ended June as against a net loss of `124 crore in Q1FY15.
The order should be around 100 planes, he said adding “It could vary depending on the economic obligation and what we need to pay.”
In March last year, the airline had placed order for 42 Boeing 737 MAX jets worth Rs 26,000 crore with the Boeing Company.
Koteshwar said “the legacy issues we had are being sorted out but operationally we are fine and can pay our bills with the operational cash.”