Ajay Singh, chairman of SpiceJet, again reiterated his hopes to place an order for more than 100 single-aisle aircraft and a number of turboprops (50 possibly) in the next two to three months. The airline has decided to use Rs 173 crore as a one-time expense to upgrade its fleet. As such an order is now expected to be announced at the Farnborough Air Show. Currently, SpiceJet’s fleet is predominantly Boeing and Bombardier aircraft. During the first quarter of 2016, SpiceJet’s total revenue rose by 10% to Rs 1,474.98 crore, from Rs 791 crore in Q1 2015. SpiceJet’s Q1 net
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