New Delhi, Feb. 19 -- SpiceJet has received a Memorandum of Understanding (MoU) for the induction of 10 aircraft, marking a fresh milestone in the airline's ongoing capacity expansion and network rebuilding efforts.
The development comes close on the heels of the airline's board approving a calibrated ramp-up of its fleet to 60 aircraft.
The expansion will be executed through a mix of wet and damp leases, along with the phased return of grounded aircraft to service, as the carrier steadily regains operational momentum.
SpiceJet's recovery has accelerated in recent months. The airline reported that it doubled its capacity in the last quarter, with Available Seat Kilometres (ASKMs) rising from approximately 55 crore to 105 crore, which is ...