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Royal Airways to launch a discount carrier
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Royal Airways Ltd plans to launch a new discount carrier, SpiceJet, in the Indian market.
Royal Airways, formerly known as Modiluft, plans to launch SpiceJet in May 2005 and the airline has signed an agreement to lease three Boeing 737-800s.
The launch of SpiceJet is expected to increase competition in the Indian low-cost carrier market.
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