SpiceJet Finalises Lease Agreement to Induct Five Boeing 737 Aircraft

SpiceJet has finalised a lease agreement to induct five Boeing 737 aircraft. These aircraft are scheduled to join the airline's fleet in October 2025, ahead of the commencement of the winter schedule, and will cater to the peak winter season as well as the early summer season of 2026.

The aircraft are being inducted on a damp lease basis, where operational crew will be shared between the operator and SpiceJet.

This fleet addition is part of the airline's broader strategy to bolster capacity ahead of the winter schedule and cater to increased travel demand during the peak and early summer seasons. SpiceJet is also in advanced discussions with other lessors to further enhance its fleet and strengthen both domestic and international operations.

Debojo Maharshi, Chief Business Officer, SpiceJet, said, "We are pleased to finalise this lease agreement for the induction of five Boeing 737 aircraft. This addition will significantly strengthen our fleet and enable us to deliver a superior flying experience to our passengers. We are actively exploring further fleet additions as we prepare for a robust winter schedule."

Shares of SPICEJET LTD was last trading in BSE at Rs. 37.38 as compared to the previous close of Rs. 38.27. The total number of shares traded during the day was 4667023 in over 11031 trades.

The stock hit an intraday high of Rs. 38.95 and intraday low of 37.25. The net turnover during the day was Rs. 177778069.00.

Source : Equity Bulls

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SPICEJET INE285B01017 Airlines LeaseAgreement Boeing737Aircraft