SpiceJet Rallies 19% on IndiGo Flight Cuts, Fleet Expansion Plans

• SpiceJet shares surged nearly 20% in four sessions, reaching an intraday high of Rs 36.
• The rally is partly due to DGCA directing IndiGo to cut 10% of its winter flight schedule, creating an opportunity for SpiceJet to absorb demand.
• SpiceJet plans to reactivate 8 grounded Boeing aircraft by April 2026 and recently inducted two new Boeing 737s into its fleet.
• The airline's liquidity hinges on successful negotiations with lessors regarding outstanding dues.
• SpiceJet announced 100 additional flights to assist passengers affected by recent industry-wide disruptions.

Why It Matters: IndiGo's struggles present a growth opportunity for SpiceJet in the aviation sector.