SpiceJet's market share more than Doubles as Capacity Expansion drives strong comeback

SpiceJet has recorded a sharp improvement in its domestic market position, with its market share more than doubling from 1.9% in September 2025 to 4.3% in December 2025, underscoring the airline's rapid operational recovery and capacity-led growth.

The strong rebound was driven by a 56% expansion in capacity during Q3, supported by the induction of 16 aircraft during the quarter. The increase in flying translated into a wider network, improved schedules and stronger passenger traction across key markets.

SpiceJet has continued to build on this momentum. The airline doubled its capacity in the last quarter, with Available Seat Kilometres (ASKMs) rising from around 55 crore to 105 crore, reflecting a significant strengthening of its network. Over the course of the year, SpiceJet plans to more than double its capacity, targeting 220 crore Available Seat Kilometres by Winter 2026, while operating over 300 daily flights across its network. With this expansion, the airline expects to significantly increase its market share further.

To support this expansion, the airline is working towards ramping up its fleet to around 60 aircraft through a mix of wet and damp leases, along with the phased return to service of existing grounded aircraft. SpiceJet has also received a Memorandum of Understanding (MoU) for the induction of 10 aircraft.

Debojo Maharshi, Chief Business Officer, SpiceJet, said, "The sharp rise in our market share over a short period reflects the progress we have made in rebuilding capacity and restoring our network. Doubling capacity in the last quarter and expanding our fleet during Q3 have helped us regain presence across key routes. As we work towards more than doubling our capacity this year, our focus remains on strengthening connectivity, improving reliability and scaling up in a measured and sustainable manner."

Shares of SPICEJET LTD was last trading in BSE at Rs. 16.83 as compared to the previous close of Rs. 16.95. The total number of shares traded during the day was 15032307 in over 15364 trades.

The stock hit an intraday high of Rs. 17.30 and intraday low of 16.68. The net turnover during the day was Rs. 254240479.00.

Source : Equity Bulls

Keywords

SPICEJET INE285B01017 Airlines CapacityExpansion MarketShareIncrease