Economy

Fleet Strength: SpiceJet to bring back 10 aircraft

Budget airline SpiceJet plans to bring back 10 aircraft to service by mid-April 2025 to further strengthen its network and operational capabilities. 

According to the airline, these aircraft will include four Boeing 737 MAX planes. 

This initiative will significantly increase the current fleet size of 28 aircraft, even as some aircraft are redelivered to lessors during the same period, the airline said in a statement on Friday.

Since October 2024, SpiceJet has added 10 planes to its fleet, comprising three previously grounded aircraft brought back into service and seven inducted on lease.

Over the past three months, SpiceJet’s network expansion strategy has resulted in the addition of more than 60 new flights.

“Our plan to bring 10 aircraft back into service by mid-April is a reflection of SpiceJet’s unwavering commitment to its growth and operational excellence,” Ajay Singh, Chairman, Managing Director, SpiceJet said in the statement.

“SpiceJet is on a strong path to recovery and growth, and we remain focused on providing reliable and affordable air travel to millions of Indians.”

Last month, SpiceJet signed an agreement with StandardAero Inc., a leading US-based engine MRO, for the restoration of its grounded MAX fleet. 

This agreement, the airline said followed successful partnerships with CFM International, Inc., the OEM (original equipment manufacturer) for LEAP-1B engines, and a key lessor, paving the way for the un-grounding and return to service of three Boeing 737 MAX aircraft.

In the past two months, SpiceJet has resolved disputes with several major lessors and partners, including Export Development Canada, Engine Lease Finance Corporation, Babcock & Brown Aircraft Management, Aircastle (Ireland), Wilmington Trust SP Services (Dublin) Ltd, Shannon Engine Support Ltd among others demonstrating its commitment to operational stability and growth.



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