SpiceJet gets over Rs 900 crore funding, focus on cost-cutting measures
The latest installment came recently after its Chairman and Managing Director Ajay Singh infused funds into the airline.
Budget carrier SpiceJet joins hands with WheelTug Plc for reserving 400 production slots for the electric taxi system, the airline said on Wednesday.
The application of such a system helps move an aircraft forward or backward without powering its engines or using external tugs.
“The electric taxi system will enable SpiceJet in saving fuel, reducing carbon emissions as well as noise levels and improving fleet utilisation, thereby directly improving the bottom line,” the airline said in a release.
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It added that the WheelTug system places high-torque motors in the nose wheels of the aircraft.
Pilots control the aircraft themselves, performing ground operations without requiring tugs for maneuvers. Also, SpiceJet gate and stand operations will be faster and more dependable, helping the airline eliminate unexpected long delays affecting the schedule on any given day.
“By inducting WheelTug into its B737 operations, SpiceJet aims to reduce fuel burn during taxi out and in, the airline spokesperson said.
Speaking about the collaboration, Isaiah Cox, Chief Executive Officer, WheelTug said, “Signing SpiceJet at this time shows both companies are looking forward to a strong recovery for the industry as the world responds to the COVID-19 crisis.”
The Gurugram-headquartered no frills carrier is the largest Boeing 737 operator in the country.
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