SpiceJet adds three damp-leased Airbus A320s to rebuild domestic capacity
SpiceJet has inducted three Airbus A320s on six-month damp-lease agreements, with commercial operations due to begin later this week. The carrier plans further aircraft inductions to reinforce existing routes and add services as it works to recover domestic market share.
SpiceJet has added three damp-leased Airbus A320s to expand capacity, strengthen existing routes and launch services in India. The carrier is negotiating further leases as it rebuilds operations, after its domestic market share fell to 1.9% in June.
Why this matters
The induction follows recent signals that SpiceJet shares rose 10% ahead of the A320 additions and that the carrier was preparing damp-leased aircraft to expand domestic capacity.
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