SpiceJet’s shares climbed over 5% on November 17 after the airline announced an aggressive fleet expansion plan that aims to double its operational aircraft count by the end of 2025. The stock rose to ₹37.40 in early Monday trading, reflecting renewed investor confidence.

In an investor presentation released on Monday, SpiceJet said its operational fleet had reduced to 19 aircraft in September, down from 21 in June. However, the airline now plans a major comeback.

SpiceJet hopes to bring eight grounded Boeing aircraft back into service by April 2026. Two aircraft have already rejoined the fleet, up to two more are expected to be operational by December 2025 and the remaining four will be restored by early summer 2026.

The carrier said that by the end of 2025, it expects to double its op

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