SpiceJet is set to introduce a wide-body Airbus A340 aircraft to its fleet by the end of this month, reinforcing the airline’s expansion strategy. The aircraft is expected to enter operations in the first week of October, boosting capacity to meet rising passenger demand.
The airline will initially operate the A340 on a wet lease model before transitioning to a damp lease arrangement, providing operational flexibility and cost efficiencies.
SpiceJet, subject to regulatory approvals, intends to retain the A340 as a long-term addition to its fleet.
Moreover, SpiceJet is also in advanced talks to lease a second A340, reinforcing its commitment to expanding both domestic and international connectivity. The announcement comes shortly after the airline finalized plans to induct 18 Boeing 737 aircraft, including four Boeing 737 MAX jets, starting in October 2025.
Debojo Maharshi, Chief Business Officer of SpiceJet, said, “We are thrilled to introduce the Airbus A340 into our fleet as part of our ongoing efforts to enhance our service offerings and expand our network. This aircraft will help us tap into new markets and grow our international footprint. With another A340 under negotiation and 18 Boeing 737 aircraft joining soon, SpiceJet is entering one of its most ambitious growth phases.”
The A340 induction is part of a broader strategy to scale operations, increase passenger capacity, and strengthen SpiceJet’s presence in competitive markets, both within India and internationally.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
