SpiceJet plans to nearly triple active fleet with deal for 20 leased aircraft

SpiceJet, an Indian airline facing financial difficulties, has secured a significant agreement to lease twenty aircraft. This move represents a substantial effort by the carrier to increase its operational capacity. Specifically, SpiceJet intends to almost triple its current active fleet size through this leasing arrangement. The agreements were finalized recently and mark a key step in the company’s strategy to bolster operations. These new aircraft will be utilized across various routes within India and potentially internationally as the airline seeks to regain market share.