SpiceJet to lease 11 737s

Chairman Ajay Singh has confirmed to Bloomberg that SpiceJet will dry-lease 11 737-800s and 737-900s to cover the peak summer months. “(Wet-lease planes) are more expensive than the dry-lease ones. They also have issues of longer turnaround time. We cannot utilise them like the dry-lease planes. In some cases, the on-time performance gets impacted,” he said.