In a bid to make the most of the booming passenger traffic in India’s smaller towns and cities, SpiceJet, the country’s budget carrier is reportedly planning to buy about 100 small turboprop aircraft for an estimated $3 billion (about Rs 19,800 crore) at list prices. The turboprop is a turbine engine that drives the aircraft propeller. At present, the company has 34 aircraft in the fleet, comprising 18 Boeing 737s, two Airbus A319 (on wet-lease) and 14 Bombardier Q400.
SpiceJet is India’s most preferred airline who delivers the lowest air fares with the highest consumer value. The airline currently operates flights to over 44 Indian cities and 9 international destinations.