Post by : Raina Nasser
SpiceJet shares surged more than 6% in intraday trading on Monday, October 27, reaching a three-month peak of ₹40.59. The move marked the airline's third straight session of gains and pushed its short-term advance to about 22.5%.
In a filing, the budget carrier said it will operate 250 daily flights under its Winter Schedule 2025 — up sharply from 125 flights in the summer schedule and 150 in the prior winter season. The company framed the change as a 100% uplift in daily operations, signalling a substantial step-up in capacity.
Markets reacted further after SpiceJet confirmed that all 19 leased aircraft will be inducted into the fleet, with the expanded flight programme to be phased in from October 26, 2025.
On the international front, the airline announced nonstop daily services to Phuket from Delhi and Mumbai, aiming to capture rising leisure travel demand from India’s largest metropolitan markets.
SpiceJet also set targets to double its operational fleet and triple available seat kilometres (ASKM) by November 2025, measures designed to align capacity with a stronger passenger outlook and broaden network reach.
Debojo Maharshi, the airline’s Chief Business Officer, described the winter period as a pivotal recovery phase, saying the move to double daily flights demonstrates renewed momentum and a clear strategy to increase frequencies on busy routes while adding new destinations to enhance customer choice and value.
Analysts said the expansion plan and improved demand visibility have revived investor interest after a volatile period for the stock. The combination of fleet additions, larger schedules and fresh international routes underpins the recent optimism around SpiceJet shares.
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