Shares of SpiceJet Ltd jumped 3.5% to touch a day’s high of Rs 37.49 on 13th November, after the company announced the induction of five additional Boeing 737 aircraft, including one Boeing 737 MAX, taking its total aircraft additions to 15 in just over a month.
The expansion includes 14 planes brought in on damp lease. Two of them are Boeing 737 MAX. Additionally, there is the reactivation of one grounded MAX aircraft. With these additions, SpiceJet’s operational fleet has risen to 35 planes. All five newly inducted aircraft have begun commercial operations. Thus, they are boosting connectivity across key domestic and international routes.
The move comes as the airline gears up for the busy winter and festive season. SpiceJet’s daily flights have increased from 100 as of 30th September, 2025, to 176 after the new additions.
On the financial side, the carrier reported a net loss of Rs 621 crore in Q2 FY26. This is compared with Rs 457.8 crore a year earlier. Revenue fell 13% to Rs 792.42 crore from Rs 914 crore. The company said the losses were mainly due to the impact of dollar-based obligations. Moreover, the costs of grounded aircraft and expenses tied to return-to-service operations also impacted the losses.
At 1:30 PM, shares of SpiceJet were trading 3.49% higher at Rs 36.72 on BSE.
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