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Bloomberg Quint

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Image Credit: Bloomberg Quint

SpiceJet's Revival Plan Progresses: Airline Aims To Double Fleet Within 12 Months

  • SpiceJet's revival plan is 'going very well' and the airline is on track to double its current fleet over the next 12 months. The company has raised funds and is on the revival path.
  • SpiceJet had faced multiple headwinds, including financial woes and legal disputes with lessors.
  • SpiceJet has added 10 planes to its fleet since October 2024 – three grounded aircraft that were brought back into service and seven inducted on lease.
  • SpiceJet's Chairman and Managing Director, Ajay Singh, stated that the airline is on track to double its current fleet within the next 12 months.

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