The development comes a day after SpiceJet reported a net loss of ₹447.70 crore (ex-forex) in Q2 FY26, compared to a net loss of ₹424.26 crore in Q2 FY25
SpiceJet has bolstered its fleet with five additional Boeing 737 aircraft, including one Boeing 737 MAX, marking a total of 15 inductions in just over a month. This includes 14 planes added on damp lease (including two 737 MAX) and the ungrounding and reactivation of a Boeing 737 MAX from the airline’s grounded inventory.
With these additions, SpiceJet’s operational fleet now stands at 35 aircraft. “All five newly inducted planes have commenced commercial operations, enhancing connectivity on high-demand domestic and international routes,” said SpiceJet.
The company says the rapid expansion will provide a major boost to the domestic airline’s winter schedule, responding to surging passenger traffic during the festive and holiday season.
As of September 30, 2025, SpiceJet was operating 100 daily flights, and with these additions, the airline’s daily operations have surged to 176 flights per day.
Debojo Maharshi, Chief Business Officer, SpiceJet, said, “SpiceJet’s winter expansion is a reflection of the strong demand in the market and our readiness to meet it.”
Amid the development, shares of SpiceJet surged 3.72% during the early trade. At 11.33 am, shares of SpiceJet were trading at ₹36.80, up 3.72%, with its m-cap standing at ₹4,717.72 crore.
SpiceJet on Wednesday announced its financial results for the quarter ended September 30, 2025 (Q2 FY26), reporting a net loss of Rs 447.70 crore (ex-forex), compared to a net loss of ₹424.26 crore in Q2 FY25, primarily impacted by recalibrating dollar-based future obligations along with carrying cost of grounded fleet and additional expenses incurred towards RTS. In Q2 FY26, the airline's passenger revenue per available seat kilometre (PAX RASK) stood at ₹4.04, while passenger load factor (PLF) remained at 84.3%.
"Continued airspace restrictions negatively impacted operations and resulted in a sharp escalation in operating costs, further weighing on the quarter’s performance," the company said.
Ajay Singh, Chairman and Managing Director, SpiceJet, said, “The September quarter was a period of consolidation and groundwork for our next phase of growth. While the results reflect short-term costs related to fleet revival and expansion, these are strategic investments that will start yielding results from the current quarter onward. With aircraft additions already underway and our network expanding rapidly, SpiceJet is now on a clear trajectory towards stronger operational and positive financial performance in the second half of the year.”