SpiceJet’s revival is gaining momentum as the airline gears up to double its fleet size within the next year. Chairman and Managing Director Ajay Singh confirmed that the return-to-service plan for grounded aircraft is progressing well, with significant strides made since late 2024. Despite past challenges, including financial strain and legal disputes with lessors, the airline has added 10 aircraft to its fleet since October 2024.
As of January 10, SpiceJet operated only 28 of its 62 aircraft. However, by mid-April, the airline aimed to bring back 10 grounded planes, including four Boeing 737 Max aircraft. Singh reiterated that all grounded aircraft are steadily returning to service and expressed optimism about reaching the target within the proposed timeline.
The airline’s aggressive turnaround plan is underpinned by fresh capital infusion and strategic leasing, which have enabled the gradual fleet restoration. Singh emphasised that the company’s efforts are “on track,” and projected that SpiceJet would be operating with twice the current capacity by April 2026.
SpiceJet’s progress is being closely watched as a case study in aviation revival in India. The success of this initiative could reposition the airline as a major domestic competitor, just as demand for air travel continues to rise post-pandemic.
