Who needs a runway? Indian budget airline wants to land on water and in fields

New Delhi

THE next sales pitch for one of the world's fastest-growing airlines may turn out to be: No runway? No problem!

SpiceJet Ltd, an Indian budget carrier that's seen its stock zoom 899 per cent in three years, wants to open up the third-biggest aviation market even more. That means targeting the billion Indians who've never flown before, either because they can't afford it or because they don't live near a functioning airport.

The airline is in talks with Japan's Setouchi Holdings Inc to buy about 100 amphibious Kodiak planes that can land anywhere, including on water, gr…