Archive · 19 Dec 2025
SpiceJet Expands Fleet Through Wet Leases
SpiceJet, an Indian airline, has been having a tough time with money and keeping its planes flying.
But recently, it has been adding more planes by using a method called wet-leasing, where other airlines operate planes for SpiceJet.
This has helped SpiceJet almost double its number of flights.
The airline has also been able to get important slots at busy airports like Mumbai and Delhi.
However, wet-leasing is only a short-term solution, and SpiceJet still faces challenges in getting its own planes back in the air and being reliable for passengers.
SpiceJet has doubled its active fleet through wet leases, operating 34 aircraft currently.
The airline has secured slots at key airports like Mumbai and Delhi amid IndiGo's operational crisis.
SpiceJet's market share has fluctuated, dropping below 2% at times but now operating more planes than Akasa Air.
The airline has faced challenges in ungrounding its own planes due to supply chain constraints.
SpiceJet has settled disputes with lessors and received a fund infusion of ₹3,000 crore over the last year.
- Who
- SpiceJet, an Indian airline
- What
- Expanding fleet through wet leases
- When
- Recent months, with significant changes over the last year
- Where
- India, with operations in key airports like Mumbai and Delhi
- Why
- To increase capacity and market share amid operational challenges
- Current Active Fleet
- 34 aircraft
- Wet-Leased Aircraft
- 16
- Own Operational Aircraft
- 18
- Market Share
- Below 2% at times
- Fund Infusion
- ₹3,000 crore
- Q400 Aircraft Owned
- 19
- Key Airports with Slots
- Mumbai, Delhi
- Weekly Domestic Flights
- Close to 900