Shares of low-cost carrier SpiceJet rose 3% on August 13 after it said it will induct five more Boeing 737s ahead of the winter season.
SpiceJet said on August 13 that it has finalised a lease agreement for another five Boeing 737 aircraft, further strengthening its fleet ahead of the upcoming winter schedule.
At 9:45 am on August 13, SpiceJet shares were trading nearly 3% higher at Rs 35.21 apiece.
"While most of these aircraft will join the fleet in October 2025, a few are scheduled to arrive a couple of weeks earlier," the airline said in a stock exchange filing.
These additions will cater to the peak winter season and extend into the early summer season of 2026, remaining with the airline until May 2026. The aircraft will be inducted under damp lease arrangements, said SpiceJet.
This latest agreement follows SpiceJet’s announcement last month of inducting five Boeing 737s on damp lease from another operator, taking the total number of new fleet additions to 10. The airline said it is also in advanced discussions to lease more aircraft ahead of the winter 2025 schedule.
Debojo Maharshi, Chief Business Officer, SpiceJet, said, “SpiceJet is fully geared to meet the surge in travel demand for the upcoming winter and early summer seasons. With the induction of these additional Boeing 737s, we are ensuring that our passengers have more choices, greater connectivity, and a reliable, on-time travel experience.”
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