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Private sector airline SpiceJet said on Tuesday that it has inducted another Boeing 737 aircraft to its fleet while ungrounding a Boeing 737 MAX aircraft. The development, part of the airline's aggressive winter expansion plan, takes the total additions to its fleet to five this month. Typically, the country's festive season -- generally beginning in October and ending in February -- sees additional demand for tourism-related bookings such as flights and accommodations.

Both aircraft -- the Boeing 737 and the Boeing 737 MAX -- have commenced commercial operations, the airline said in a statement. Earlier, SpiceJet had inducted two Boeing 737s and one wide-body Airbus A340 this month.

The expansion, it said, aligns with its "strategy to cater to the strong travel demand during the festive and holiday season".

In total, SpiceJet plans to add 20 aircraft to its fleet between October and November.

“Our latest inductions and the return of another 737 MAX to active service mark another strong step in SpiceJet’s growth story. This is one of our largest-ever expansion phases, driven by a clear focus on meeting the surge in travel demand and offering our passengers more destinations, enhanced connectivity, and greater convenience," said Debojo Maharshi, Chief Business Officer, SpiceJet.

By December 2025, SpiceJet's expanded fleet will help the airline more than double its capacity and triple its available seat kilometers (ASKM), marking a major milestone in its growth journey, Maharshi added. ASKM is a key metric that determines an airline's passenger carrying capacity.

During Tuesday's session, SpiceJet shares rose as much as 3.3 per cent to Rs 39.7 apiece on BSE, gaining for the fourth trading session in a row. However, the stock gave up much of its intraday gains in late afternoon deals. At 2:40 pm, the stock was left with a gain of 0.2 per cent on the bourse.

At the current level, the SpiceJet stock has lost 31.7 per cent of its value in 2025 so far, underperforming an 8.9 per cent rise in the Nifty50.