SpiceJet Takes Flight: Airline Leases 10 New Aircraft for Summer Surge

  • Budget carrier SpiceJet is gearing up for a busy summer season, announcing the finalization of lease agreements for 10 new aircraft.
  • This expansion aims to increase capacity and cater to the anticipated rise in travel demand during the summer months.
  • The additional planes come alongside recent settlements with leasing companies, which SpiceJet claims will generate cost savings of ₹685 crore.
  • SpiceJet currently operates over 30 aircraft and is aiming to capitalize on the upcoming peak travel period.
  • The move reflects a positive outlook for the airline industry as travel restrictions ease and economic activity picks up.

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