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SpiceJet receives MoU for induction of 10 aircraft; check stock reaction

Published on 19/02/2026 01:18 PM

SpiceJet receives MoU for induction of 10 aircraft; check stock reactionSpiceJet receives MoU to induct 10 aircraft, aiming to expand its fleet to 60. Shares fell to ₹16.75.By Juviraj Anchil  February 19, 2026, 1:18:16 PM IST (Updated)2 Min ReadSpiceJet shares are in focus after the airline announced that it has received a Memorandum of Understanding (MoU) for the induction of 10 aircraft. The company said that this marks an important step in the airline’s ongoing capacity expansion and network rebuilding efforts.

This development follows the Board’s approval, announced last week, for a calibrated ramp-up of the fleet to 60 aircraft through a mix of damp leases, along with the phased return to service of existing grounded aircraft.

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Speaking on the matter, Debojo Maharshi, Chief Business Officer, SpiceJet, said, “Doubling our capacity in the last quarter has been a significant milestone, and the plans we have in place to more than double it further this year reflect growing confidence in the business and strong demand across the network."

When it comes to the company shares, the stock is trading low; in fact, it has fallen about 3% from the highs of the day, trading cuts of over 1%. The share price stands at ₹16.75 per share.

December Aviation Data

IndiGo December Market Share At 64.4% Vs 63.6% (MoM)

Air India December Market Share At 26.4% Vs 24.4% (MoM)

SpiceJet December Market Share At 3.3% Vs 3.1% (MoM)

Akasa Air December Market Share At 4.6% Vs 4.7% (MoM)

Continue Reading(Edited by : Meghna Sen)First Published: Feb 19, 2026 1:05 PM ISTTagsSpiceJetspicejet airlines