News Image
Zee Business

SpiceJet shares soar over 7% after adding three aircraft; holiday travel demand drives fleet expansion

Published on 10/10/2025 12:47 PM

SpiceJet Shares Today: Shares of SpiceJet jumped more than 7 per cent in intraday trading on Friday after the airline announced the addition of three new aircraft to its operational fleet, as it ramps up capacity for the holiday season. The stock hit an intraday high of Rs 35.59 on the BSE, rising 7.56 per cent. Over the past two sessions, SpiceJet shares have gained nearly 22 per cent, reflecting investor optimism over fleet growth and rising travel demand.

At 12:38 pm on Friday, SpiceJet shares were trading at Rs 35.00, up 5.77 per cent.

According to a regulatory filing, the new aircraft include an Airbus A340 wide-body and two Boeing 737 planes. “These planes will join operations between October 10 and 11, marking the start of a major fleet ramp-up,” the airline said. SpiceJet plans to induct a total of 20 aircraft between October and November under a damp lease model, while four grounded planes will be returned to service by mid-December.

Add Zee Business as a Preferred Source

Ajay Singh, Chairman and Managing Director of SpiceJet, said, “These new inductions will more than double our operational fleet and triple our ASKM by December 2025. The fleet expansion reflects the strong travel demand we are seeing and our readiness to meet it with confidence.”

The airline also plans to increase flight frequencies, launch new routes, and add destinations across its network. Earlier, SpiceJet had announced winter services to Port Blair and Udaipur, underscoring its focus on domestic travel growth during peak season.

Market analysts said the fleet expansion is likely to support revenue growth as passenger traffic rises this holiday season. The airline’s aggressive capacity additions are expected to strengthen its domestic network and enhance international operations where demand is rebounding.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate affairs, with prior stints at Business ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.