SpiceJet Rises After Inducting Five More Aircraft on Damp Lease

New Delhi, November 8 (Udaipur Kiran) — Shares of SpiceJet Limited gained modestly on Friday after the airline announced the induction of five additional aircraft on damp lease, expanding its operational fleet to meet growing passenger demand across domestic and international routes.

SpiceJet

The stock was trading at ₹35.78, up by ₹0.15 or 0.42% from its previous close of ₹35.63 on the BSE. During the session, it opened at ₹35.25 and touched an intraday high of ₹35.94 and a low of ₹35.05. A total of 9,85,757 shares were traded on the counter.

The BSE Group ‘A’ stock, with a face value of ₹10, has recorded a 52-week high of ₹63.40 (on November 28, 2024) and a 52-week low of ₹28.13 (on October 8, 2025). The company’s market capitalization currently stands at ₹5,042.03 crore.

Promoters hold 33.45% of the company’s shares, while institutional and non-institutional investors hold 13.30% and 53.24%, respectively.

With the latest additions, SpiceJet has now expanded its fleet by ten aircraft in recent months. The newly inducted jets include one reactivated Boeing 737 MAX, along with three Boeing 737s and an Airbus A340 added earlier. All five new aircraft have commenced commercial operations.

The expansion comes as part of the airline’s aggressive growth strategy aimed at strengthening its capacity across high-demand routes. SpiceJet plans to more than double its operational fleet and triple its available seat kilometres (ASKM) by the end of November 2025, signaling a strong push to capture a larger share of the resurgent air travel market.

SpiceJet, one of India’s pioneering private airlines, continues to focus on increasing efficiency and connectivity through fleet modernization and strategic leasing arrangements.

SpiceJet Rises After Inducting Five More Aircraft on Damp Lease

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