GE Aviation and SpiceJet Airlines of India sign Flight Efficiency Services contract for airline’s entire fleet
SpiceJet becomes the first Indian operator to receive Flight Efficiency Services
FARNBOROUGH, England--(BUSINESS WIRE)--SpiceJet Airlines has selected GE’s Flight Efficiency Services (FES) to support its fleet of 52 Boeing 737 and Bombardier Q400* aircraft. GE will provide flight data analytics and fuel management to optimize the airline’s operational efficiency with the goal of substantially reducing fuel expenses for the airline.
“India has among the highest jet fuel prices in the world”
“India has among the highest jet fuel prices in the world,” said Alan Caslavka, president of Avionics & Digital Systems for GE Aviation. “We are excited about the partnership with SpiceJet and look forward to working with them to realize substantial savings.”
Deliveries for the program will begin in late July 2014. GE’s Flight Efficiency Services, which is widely recognized as the premium product in its class and in fuel efficiency management software worldwide, is used by a large number of the leading airlines worldwide. Its introduction at SpiceJet aims to help the airline reduce its annual $600 million fuel bill, which is the largest cost component for airlines in India.
GE will provide consultation and evaluation services with the aim of reducing the airline’s fuel consumption and carbon emissions. GE is also designing and implementing custom solutions for SpiceJet and performing on-going efficiency measurements.
GE Aviation's Flight Efficiency Services is harnessing the power of the Industrial Internet and using software and analytics to make its machines smarter and more efficient. GE is using data analytics to identify ways to reduce operating costs, increase aircraft utilization and improve the business of flight.
About GE Aviation
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading supporting of airlines worldwide, providing jet engines, components and integrated systems for commercial and military aircraft. GE Aviation has a global service network to support these offerings. For more information, visit us at www.geaviation.com/shows. You can follow us on Twitter.com/geaviation #FIA14.
SpiceJet is one of India’s leading and most innovative low fare airlines, with a current fleet of 52 aircraft comprising latest generation Boeing 737-800 and 900ER aircraft and a fleet of Bombardier Q400 Turboprops. SpiceJet is listed on the Bombay Stock Exchange and serves a total of 41 domestic and 7 international destinations.
*Trademarks of Bombardier Inc. or its subsidiaries