SpiceJet's announcements of new daily flights to Port Blair and Udaipur, alongside plans to double its fleet and daily operations, sparked a nearly 18% surge in its stock. The airline's aggressive winter expansion and addition of wet-leased aircraft position it for strong growth amid rising travel demand.
SpiceJet Accelerates Growth with New Routes and Fleet Boost
SpiceJet, one of India’s leading low-cost carriers, has unveiled an ambitious winter expansion plan that includes launching daily flights to popular destinations such as Port Blair in the Andamans and Udaipur, the city of lakes. With these new routes, SpiceJet is targeting significant uptake in leisure travel during the winter season.
Flights to Port Blair have already commenced from Kolkata and Delhi, with the Delhi-Port Blair route featuring a stopover at Kolkata but no aircraft change. Non-stop flights from Delhi and Mumbai to Udaipur will start from November 6, 2025. Besides new routes, SpiceJet will more than double its fleet size and the total number of daily flights to meet growing demand.
In addition, the airline recently received 18 wet-leased aircraft at Delhi Airport, including Boeing 737 MAX models, to quickly ramp up capacity without the delays of full aircraft ownership. SpiceJet is also in talks to lease wide-body Airbus A340s to tap into long-haul and higher-volume routes.
SpiceJet’s stock price responded strongly to these developments, jumping nearly 18% to ₹33.66 on the BSE, reflecting market optimism about the airline’s growth trajectory and ability to capture expanding domestic travel.
Key highlights:
Daily flights launched to Port Blair from Kolkata and Delhi; non-stop Udaipur flights from Delhi and Mumbai starting November 6.
Winter expansion includes doubling fleet and daily operations.
18 wet-leased aircraft inducted, including Boeing 737 MAX models, boosting immediate capacity.
Potential addition of Airbus A340 wide-body aircraft in advanced discussion stages.
Special Diwali flights announced to festival destination Ayodhya from multiple cities, enhancing festive travel connectivity.
Focus on tier-2 cities and religious destinations to tap into emerging travel demand patterns.
Major takeaways:
Fleet expansion through wet leasing allows rapid capacity growth with operational flexibility and reduced capital commitment.
New winter and festive routes position SpiceJet to attract leisure travelers seeking affordability and convenience.
Market response demonstrates investor confidence in SpiceJet’s strategic moves and growth prospects.
Expansion supports the airline’s aim to strengthen its domestic footprint and compete effectively in India’s booming aviation market.
Important points to note:
Tickets for new routes are available on SpiceJet’s official website and mobile app.
Investments in fleet and route network coincides with India’s rising air travel demand amid improving economic conditions.
SpiceJet’s winter schedule adjustments and Diwali specials reflect strategic alignment with seasonal travel trends.
SpiceJet’s robust expansion signals an exciting phase for the airline and offers investors a potential growth opportunity as India’s domestic aviation market continues to soar.
Sources: Business Standard, Economic Times, News18, SpiceJet official, Angel One, NDTV Profit.