NewKerala.com

SpiceJet to Double Fleet with 10 New Aircraft, Targets 300 Daily Flights

SpiceJet has received a Memorandum of Understanding for the induction of 10 aircraft as part of its aggressive expansion plan. The airline aims to more than double its capacity this year, targeting 220 crore Available Seat Kilometres and over 300 daily flights. This follows a recent quarter where the airline successfully doubled its capacity, signaling a strong recovery. The expansion strategy focuses on strengthening connectivity and operational reliability while meeting rising passenger demand.

Key Points: SpiceJet to More Than Double Capacity with 10 New Aircraft

  • MoU for 10 new aircraft
  • Capacity to more than double this year
  • Target of 300+ daily flights
  • Fleet expansion to 60 aircraft
  • Focus on sustainable growth
2 min read

SpiceJet receives MoU for 10 aircraft; capacity set to more than double this year

SpiceJet signs MoU for 10 aircraft, plans to double capacity this year and operate over 300 daily flights as part of major expansion.

"Doubling our capacity in the last quarter has been a significant milestone - Debojo Maharshi, SpiceJet CBO"

New Delhi, February 19

SpiceJet has received a Memorandum of Understanding for the induction of 10 aircraft, marking another important step in the airline's ongoing capacity expansion and network rebuilding efforts.

This development follows the Board's approval, announced last week, for a calibrated ramp-up of the fleet to 60 aircraft through a mix of wet and damp leases, along with the phased return to service of existing grounded aircraft.

SpiceJet's recovery has gathered pace in recent months. The airline doubled its capacity in the last quarter, with Available Seat Kilometres (ASKMs) rising from around 55 crore to 105 crore, reflecting a sharp increase in network strength. Building on this momentum, SpiceJet plans to more than double its capacity during the year, targeting 220 crore Available Seat Kilometres by Winter 2026, while operating over 300 daily flights across its network.

The expansion is aimed at strengthening connectivity, improving operational reliability and meeting strong passenger demand, while maintaining a disciplined and sustainable approach to growth.

Debojo Maharshi, Chief Business Officer, SpiceJet, said, "Doubling our capacity in the last quarter has been a significant milestone, and the plans we have in place to more than double it further this year reflect growing confidence in the business and strong demand across the network. The receipt of this MoU is an encouraging development as we continue to rebuild and expand our operations in a measured manner. Our focus remains on restoring capacity, strengthening connectivity and improving reliability for our passengers."

SpiceJet will continue to pursue a balanced growth strategy, combining fleet restoration and selective capacity additions, as it works towards strengthening its network and long-term sustainability.

Earlier in February, Ajay Singh, Chairman and Managing Director of SpiceJet, issued a statement congratulating the Government of India on the finalisation of the India-US trade deal, calling it a "watershed moment" for the nation and a major boost for the "Made in India" brand. In his statement, Singh praised Prime Minister Narendra Modi's "inspiring and decisive leadership" for navigating global challenges and securing the landmark agreement.

- ANI

Share this article:

Reader Comments

P
Priya S
Doubling capacity is impressive, but I really hope they focus on improving on-time performance and customer service. The last few times I flew SpiceJet, there were long delays. Expansion is good, but reliability is key for passengers.
R
Rohit P
Good to see an Indian airline bouncing back strongly. The aviation sector is crucial for our economy. More aircraft means more jobs for pilots, cabin crew, and ground staff. Jai Hind!
S
Sarah B
As a frequent traveler between Delhi and Bangalore, I welcome this. More options and hopefully better schedules. The mention of a "disciplined and sustainable approach" is important – growth shouldn't come at the cost of safety or financial health.
V
Vikram M
The link to the India-US trade deal and 'Made in India' is interesting. A strong domestic aviation network is the backbone for boosting international trade and tourism. This expansion seems to be part of a larger positive trend for the country.
K
Karthik V
I appreciate the measured approach. After the struggles many airlines faced, a calibrated ramp-up using wet leases and reviving grounded planes makes sense. It's better than taking on huge debt for brand new aircraft all at once. Cautious optimism is the way.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50