Post by : Rameen Ariff

Shares of budget carrier SpiceJet jumped on Monday, October 27, climbing more than 6% in intraday trading to reach a three-month peak of ₹40.59. The move marked a third straight session of gains, delivering roughly a 22.5% increase over a short span.

In an official update, the airline said it will run 250 flights each day under its Winter Schedule 2025 — up from 125 daily services in the summer timetable and 150 in the prior winter period. The company framed the change as a 100% rise, reflecting strengthening demand for both domestic and international travel.

The market response strengthened after SpiceJet confirmed that all 19 leased aircraft will be inducted into its fleet, with the enlarged timetable phased in beginning October 26, 2025.

On the international front, the carrier announced nonstop daily services to Phuket from Delhi and Mumbai, targeting rising leisure travel from India’s major metros.

SpiceJet said it intends to double its operational fleet and triple available seat kilometres (ASKM) by November 2025, scaling capacity to match growing passenger demand and broaden key route coverage.

Debojo Maharshi, SpiceJet’s Chief Business Officer, said the winter plan represents a pivotal growth phase and that increasing daily frequencies and fleet strength will enable the airline to serve high-demand routes and introduce new destinations.

Analysts welcome the expansion as a potential turnaround for SpiceJet’s stock, noting that the combination of fleet additions, a bolder schedule and fresh international links has bolstered investor confidence amid previous volatility.

#Travel, #World