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EQUITY - MARKET SCREENER

Mahindra & Mahindra Ltd
Industry :  Automobiles - Passenger Cars
BSE Code
ISIN Demat
Book Value()
500520
INE101A01026
348.8414851
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
M&M
22.36
199934.57
EPS(TTM)
Face Value()
Div & Yield %
71.91
5
0.97
 

emerald finserv ltd
SpiceJet partners with FTAI Aviation for its CFM56 revitalization program
Jun 08,2023
SpiceJet will partner with FTAI Aviation (Nasdaq: FTAI), a leading aftermarket provider of engine services, on a CFM56 revitalization program.

Under this program, FTAI Aviation will provide SpiceJet with up to twenty (20) engines for lease, inclusive of maintenance services. By leveraging FTAI Aviation's engine expertise, SpiceJet will have access to a pipeline of available engines which eliminates the need for frequent shop visits. The revitalization program will reduce maintenance expense and minimize aircraft downtime, enhancing the airline's overall performance.

This program will further emphasize on SpiceJet's commitment to cost efficiency and operational excellence. The first engines will be used to support the re-activation of SpiceJet's aircraft fleet over the next 2-3 months and will be critical for service on new routes. With FTAI Aviation managing the engines, SpiceJet will strengthen its resource allocation and focus on delivering an exceptional travel experience while maximizing their operational potential.

SpiceJet through the CFM56 Revitalization program, aims to demonstrate its creativity and dedication to advancing the future of low-cost air travel and the aviation industry in India.