SpiceJet to grow revenue from Bombardier planes

Source : REUTERS
Last Updated: Tue, Mar 26, 2013 10:03 hrs
India's SpiceJet aircrafts prepare for landing and take-off at the airport in Mumbai

SpiceJet aims to grow revenue from Canada's Bombardier Inc planes to 20 percent from 11 percent in 12-20 months, its chief executive officer Neil Mills said on Tuesday.

The move comes after Malaysian carrier AirAsia announced plans to launch a regional airline in India with an initial investment of 800 million rupees to cash in on rising demand for domestic air travel among the country's expanding middle class.

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