SpiceJet surges on adding three new aircraft to operational fleet
SpiceJet is currently trading at Rs 34.05, up by 0.96 points or 2.90% from its previous closing of Rs 33.09 on the BSE.
The scrip opened at Rs 32.55 and has touched a high and low of Rs 35.59 and Rs 32.11 respectively. So far 25056209 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 68.98 on 10-Oct-2024 and a 52-week low of Rs 28.13 on 08-Oct-2025.
Last one week high and low of the scrip stood at Rs 35.59 and Rs 28.13 respectively. The current market cap of the company is Rs 4777.70 crore.
The promoters holding in the company stood at 33.46%, while Institutions and Non-Institutions held 18.05% and 48.50% respectively.
SpiceJet has received and added three new aircraft to its operational fleet, including an Airbus A340 wide-body and two Boeing 737s, kicking off its ambitious winter expansion plan designed to meet the surging demand for air travel this holiday season.
These new planes will join operations between October 10 and 11, marking the start of a major fleet ramp-up. A total of 20 aircraft are set to join the airline’s operational fleet between October and November, and to be operated under a damp lease model. Additionally, the airline will unground four planes by mid-December, further boosting capacity.
The addition of these planes is the cornerstone of SpiceJet’s strategy to significantly scale up its operations this winter. The airline is on track to more than double its operational fleet size and triple its available seat kilometers (ASKM), introducing new routes, increasing flight frequencies, and adding exciting destinations across its network.
SpiceJet is among the first private companies that stepped into the Indian aviation sector.
