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SpiceJet to test biofuel powered plane

27 Aug 2018 Evaluate

SpiceJet will test a plane that uses biofuel. The company is planning to operate some of its flight through biofuel. The DGCA and other aviation bodies will ascertain the feasibility of biofuel-powered aircraft. If the test is successful, India will join a select few countries such as USA and Australia who have biofuel-operated commercial aircraft. The main objective is to make air travel economical and bring down high fuel price through the use of alternate fuel.

SpiceJet is among the first private companies that stepped into the Indian aviation sector.

Peers
Company Name CMP
Interglobe Aviation 4796.00
SpiceJet 8.61
TAAL Tech 964.35
Taneja Aerospace 328.95
Global Vectra Helico 121.70
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