SpiceJet Inducts Three Airbus A320 Aircraft on Damp Lease

SpiceJet has inducted three Airbus A320 aircraft into its fleet under damp lease arrangements, further strengthening its operational capacity. All three aircraft have arrived in India and will commence commercial operations later this week.

The additional aircraft will support the airline's network expansion plans and enable it to enhance connectivity across key domestic routes.

The aircraft have been inducted on a damp lease basis, providing greater operational flexibility while delivering significant cost efficiencies.

SpiceJet is also in advanced discussions with other lessors to induct additional aircraft in the coming months as part of its planned fleet augmentation programme.

Debojo Maharshi, Chief Business Officer, SpiceJet, said, "The induction of these three aircraft is part of our planned capacity expansion. As demand continues to grow, these aircraft will help us add more flights on existing routes, improve connectivity and support the launch of new services. We are steadily building capacity ahead of the busy travel season and remain focused on offering our passengers a wider choice of destinations and a reliable travel experience."

Shares of SPICEJET LTD was last trading in BSE at Rs. 12.32 as compared to the previous close of Rs. 11.20. The total number of shares traded during the day was 11551191 in over 6628 trades.

The stock hit an intraday high of Rs. 12.32 and intraday low of 11.10. The net turnover during the day was Rs. 138687328.00.

Source : Equity Bulls

Keywords

SPICEJET INE285B01017 Airlines A320 Aircraft DampLease