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SpiceJet has added five more Boeing 737 aircraft, including one Boeing 737 MAX, taking its operational fleet to 35 planes. This is part of a larger expansion in which 15 aircraft have been inducted in just over a month, with 14 added on damp lease and one Boeing 737 MAX ungrounded and reactivated from its existing inventory. All five newly inducted planes have already started commercial operations on domestic and international routes. Daily flights have surged from 100 as of September 30, 2025, to 176 per day, positioning the airline to capture strong festive and winter-season demand.
This is a meaningful operational turnaround story for shareholders — a 76% jump in daily flights within roughly six weeks signals aggressive capacity restoration and potential revenue recovery, though the use of damp leases (short-term rental) keeps costs flexible and limits long-term capital commitment risk.