SpiceJet Shares Surge 7% as Airline Adds Three Aircraft to Fleet

Market Performance

SpiceJet shares jumped over 7 percent in intraday trading on Friday after the airline announced the addition of three new aircraft to its operational fleet. The stock climbed to an intraday high of Rs 35.59 on the BSE, reflecting strong investor interest as the airline ramps up capacity for the busy holiday travel season.

The rally in SpiceJet shares continues a strong upward trend over the last two sessions, with the stock gaining nearly 22 percent in the period.

Main News

The airline disclosed in a regulatory filing that it has inducted:

• One Airbus A340 wide-body aircraf
• Two Boeing 737 aircraft

These aircraft are now operational and are expected to contribute significantly to the airline’s capacity expansion.

Between October and November, SpiceJet plans to add a total of 20 new aircraft under a damp lease model. The airline will also unground four planes by mid-December, further enhancing operational capacity for the peak travel season.

Company Details

SpiceJet’s fleet ramp-up is part of a larger operational plan to:

• Introduce new routes across India
• Increase flight frequencies on high-demand sectors
• Serve emerging destinations such as Port Blair and Udaipur

The move signals the airline’s commitment to scaling operations in line with surging passenger demand. By more than doubling its fleet size this winter, SpiceJet aims to strengthen its network and operational efficiency.

Summary

SpiceJet’s recent fleet additions and planned expansions showcase the airline’s proactive approach to addressing the holiday travel rush. By inducting 20 new aircraft into its fleet by November and steadily ramping up operations, the airline is boosting its capacity and positioning itself for growth.

Shares have responded positively, with a 7% intraday gain, reflecting investor confidence in the airline’s expansion strategy.