SYNOPSIS: SpiceJet outlined a strong FY26-27 revival plan, highlighting rapid fleet expansion, doubled capacity, focused network strategy, reduced liabilities, and expectations of returning to profitability as operational stability and utilisation improve.

During Friday’s trading session, shares of one of the India’s largest regional players operating multiple daily flights under UDAN or the Regional Connectivity Scheme surged nearly 9 percent on BSE, following plans on major operational scale-up, eyes FY27 comeback.

With a market cap of Rs. 3,988 crores, shares of SpiceJet Limited closed in the green at Rs. 31.11 on BSE, up by around 3 percent, as against its previous closing price of Rs. 30.34. The stock has delivered negative returns of more than 49 percent in one year, and has fa

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