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SpiceJet plans to buy over 100 amphibian planes

The aviation industry giant Spicejet plans to buy over 100 amphibian planes. SpiceJet is in talks with Japan’s Setouchi Holdings Inc. to make this deal to increase remote area connectivity in India. The estimated cost of this deal is approx $400 Million. Chief of SpiceJet Mr. Ajay Singh, is aiming to boost the domestic regional operations for the company.
This is going to be a big deal for Spicejet and the business might boost up a lot. An amphibious plane is an plane that can take off and land on both land and water. The cost of this plane is somewhere around 4 Million United States Dollars. If we calculate the amount in Indian Rupees then we get the amount of 261480000. It’s quite a big amount for a plane. So, the total amount of this deal would be approximately 2600 crores.
Transport minister of India Shri Nitin Gadkari is aiming to build these types of planes in India. Under the Prime Minister Narendra Modi’s program “Make In India”. The Japanese firm said it has already tested its plane in Nagpur and Guwahati.

UDAN (Ude Desh ka Aam Naagrik)

UDAN is a regional airport development and “Regional Connectivity Scheme (RCS)” of the Government of India. With the goal of “Let the common citizen of the country fly“. It aimed at making air travel affordable and widespread. Also enabling inclusive job growth and infrastructure development of all regions and states of India. It has basically two components. First is development and operationalization of 100 regional airports. With regular scheduled flights by 2018-2019. For which initial funding of INR4500 crores for the redevelopment of 50 airports was approved in May 2017. Second is the new regional flight routes component. It will cap and subsidize the airfares, to connect hundreds of new subsidized commercially viable routes. Among more than 100 under-served and un-served airports in smaller towns. With each other and with well served airports in bigger well connected cities as well.
However, few airline companies like Air India, SpiceJet, Turbo Megha, Air Odisha and Air Deccan got 128 routes to fly in the first round of UDAN in March by government of India. The best part is, almost 18 routes have become operational including the under-served airports. Such as Gwalior, Kadapa, Puducherry, Porbandar, Bathinda, Bikaner, Ludhiana, Kandla, Nanded and Shimla.


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