Spicejet Strengthens Operations As About Ten Grounded Aircraft Return Alongside Leased Boeing 737 Jets Driving Capacity Growth For India’s Busy Winter And Summer Travel

Published on September 8, 2025

SpiceJet has announced a dual-pronged strategy designed to bolster its operational capabilities up of India’s upcoming wintertime and summertime highest recreation periods. The bearer plans to reintrodu into work astir 10 craft that are presently nether semipermanent parking, while concurrently taking transportation of a number of leased Boeing 737 aircraft. The simultaneous execution of these 2 initiatives is intended to grow effective fleet capacity and to sorb nan pronounced and sustained emergence successful rider postulation that traditionally characterizes nan highest months, thereby enhancing schedule integrity, way connectivity, and operational reliability—provisions basal for maintaining a accordant work floor plan nether near-maximal request stress.

SpiceJet is preparing for a important fleet revival, pinch plans to return astir 10 grounded craft to work by April 2026. The process will statesman pinch nan reactivation of 4 to 5 craft successful nan early wintertime season, aimed astatine capturing highest recreation request during 1 of nan busiest times of nan year.

Fleet Revival Strategy

Aircraft stationed astatine awesome airports crossed India, including Delhi, Mumbai, and Hyderabad, person remained grounded owed to attraction and engine-related issues. The fleet successful mobility consists of Boeing 737 Next-Generation, Boeing 737 MAX, and Q400 aircraft, each contributing to accrued attraction and lease liabilities complete nan past year.

To support nan revival, engines were dispatched to accommodation crossed aggregate world locations for overhaul and repair. A full of 19 engines were sent, including 7 from Boeing 737 NGs, six from Boeing 737 MAX aircraft, and six from Q400s. The engines are undergoing activity successful nan United States, Singapore, and done Carlyle Aviation, which is facilitating nan revival of Boeing 737 NG units.

The first restored engines person already been received, marking nan commencement of a phased return. This transportation has group nan shape for a dependable watercourse of overhauled engines expected complete nan coming months. The inflow of repaired units is projected to accelerate nan process of bringing grounded craft backmost into commercialized service.

Leasing of Additional Aircraft

In summation to restoring existing aircraft, SpiceJet has finalized a lease statement for 10 Boeing 737 aircraft. These craft will subordinate nan fleet nether damp lease agreements by October 2025. This move ensures expanded capacity successful clip for nan high-demand wintertime schedule and positions nan hose to grip beardown rider flows into nan early summertime of 2026.

By combining craft restoration pinch caller leases, nan bearer intends to support momentum and debar capacity shortages during captious recreation periods. The strategy reflects a dual attack of reviving idle resources while simultaneously strengthening operational flexibility.

Operational Snapshot

As of nan extremity of June 2025, SpiceJet was operating a fleet of 56 aircraft, pinch 21 remaining grounded. Earlier successful March 2025, nan fleet stood astatine 61 aircraft, pinch 25 operational. This highlights nan important effect of attraction delays connected capacity complete nan past year.

The airline’s expertise to gradually return grounded units to work is expected to amended schedule reliability, heighten rider options, and supply greater resilience during seasonal peaks. With much craft disposable for deployment, formation wave crossed home and world routes tin beryllium amended aligned pinch increasing demand.

Financial Position

The financial scenery has remained challenging. In nan first 4th of FY26, a nett nonaccomplishment of Rs 238 crore was reported, compared to a profit of Rs 150 crore successful nan aforesaid play of nan erstwhile year. Factors specified arsenic geopolitical tensions, restricted airspace successful definite markets, and weaker leisure recreation request contributed to this downturn.

However, nan hose has worked actively connected strengthening its equilibrium sheet. A Qualified Institutional Placement successful September 2024 raised Rs 3,000 crore, pinch investor liking exceeding expectations. By March 2025, Rs 300 crore of these costs remained unused. Additionally, lease obligations worthy complete $121 cardinal were restructured successful collaboration pinch Carlyle Aviation, easing near-term financial pressure.

The promoter group besides provided equity support of Rs 500 crore, which contributed to a nett worthy of Rs 683 crore by nan adjacent of FY25. These measures underline a concerted effort to unafraid stableness and guarantee backing for operational recovery.

Industry and Market Outlook

The timing of nan restoration and leasing strategy is critical. The upcoming wintertime and summertime periods traditionally thrust important rider traffic, some for home vacation recreation and world routes. With leisure and business segments showing gradual signs of recovery, disposable capacity will play a pivotal domiciled successful gathering demand.

The re-induction of grounded aircraft, coupled pinch further leased jets, positions SpiceJet to seizure marketplace stock during a highly competitory period. Enhanced fleet spot is besides expected to amended on-time capacity and trim nan unit of schedule disruptions, factors that power traveler assurance and loyalty.

SpiceJet’s attraction connected restoring aircraft, securing caller leases, and restructuring financial obligations reflects a broader strategy of regaining operational strength. The dependable inflow of overhauled engines will let much craft to return to service, while nan leasing of 10 Boeing 737s provides contiguous reinforcement of capacity.

In anticipation of heightened wintertime and summertime recreation request wrong nan subcontinent, SpiceJet plans nan reintegration of astir 10 antecedently grounded jets alongside nan preamble of further leased Boeing 737 airframes, thereby augmenting full capacity.

The months up will supply captious verification of nan ratio of this capacity augmentation. The operation of steadily expanding home and world recreation request underscores—possibly amplifies—the imperative for nan hose to reconcile stringent financial governance pinch operational robustness, a dual imperative that nan marketplace will show arsenic a barometer of nan carrier’s trajectory toward sustained profitability and of its capacity to consolidate marketplace share.