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SpiceJet Finalises Lease Agreements for 20 Aircraft Ahead of Winter Schedule, Targets 200 Daily Flights

The carrier said the added Boeing 737s and Airbus A321s will help it add 200 flights and ease peak-season fare pressure.

  • Yesterday, SpiceJet finalized lease agreements to induct 20 aircraft comprising 15 Boeing planes and five Airbus A321s between mid-October and mid-November, building capacity ahead of the winter travel season.
  • From an over 90-aircraft fleet pre-pandemic, SpiceJet is now down to 11 aircraft. Multiple lessors have sought insolvency proceedings over unpaid rentals, though the airline has settled some cases.
  • Under damp and wet lease arrangements, these aircraft will be inducted. The A321 variant offers higher seating capacity than SpiceJet's existing narrow-body fleet, allowing more seats on high-demand routes.
  • With the new aircraft, SpiceJet targets 200 daily flights for the upcoming holiday and winter schedule, the airline said. This expansion aims to bring stability to the market and ease pressure on airfares during peak demand.
  • SpiceJet continues to overhaul engines from grounded aircraft, having dispatched close to 19 engines to maintenance facilities worldwide. This follows a 2025 expansion that helped the airline reach a peak of 250 daily flights.
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Times of India broke the news in India on Thursday, September 3, 2026.
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