SpiceJet shares jump 15% in 3 days on fleet boost amid IndiGo crisis.

business
M
Moneycontrol•09-12-2025, 14:52
SpiceJet shares jump 15% in 3 days on fleet boost amid IndiGo crisis.
- •SpiceJet shares surged 8% on December 9, extending a 15% gain over three days.
- •The airline expanded its fleet by adding two new Boeing 737 aircraft.
- •This expansion aims to boost operational capacity on key domestic and international routes.
- •The move coincides with rival IndiGo facing significant flight disruptions and cancellations due to crew shortages.
- •The new Boeing 737s are already in service on routes including Delhi-Bangkok and Ahmedabad-Dubai.
Why It Matters: SpiceJet's growth amid IndiGo's crisis signals shifting airline market dynamics.
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