SpiceJet Shares Climb as Carrier Doubles Daily Flights and Expands Routes

SpiceJet's stock enjoyed a fresh rally on Monday, October 27, jumping more than 6% in intraday trade to hit ₹40.59 a share — a three-month peak. The latest uptick marked the airline's third straight session of gains, lifting its short-term rally to about 22.5%.

The airline told investors it will operate 250 daily flights under the Winter Schedule 2025, up sharply from 125 flights in the summer timetable and 150 during the previous winter — a 100% increase from its summer operations and a clear sign of capacity ramp-up.

Market interest rose further after SpiceJet confirmed all 19 leased aircraft will be inducted into service, with the enlarged schedule being phased in from October 26, 2025.

On the international front, SpiceJet said it will launch nonstop daily services to Phuket from Delhi and Mumbai, aiming to capture growing leisure demand from India's largest cities.

Looking ahead, the carrier has set ambitious targets: by November 2025 it plans to roughly double its operational fleet and treble its available seat kilometres (ASKM), a move designed to meet surging passenger traffic and broaden its network reach.

Debojo Maharshi, Chief Business Officer at SpiceJet, described the winter plan as a milestone. “This winter represents a decisive step in our recovery and growth,” he said, adding that the added aircraft and higher frequencies will allow the airline to serve high-demand routes better and open new destinations for travellers.

Analysts say the expansion and new international routes have helped revive investor sentiment after a volatile period for the stock. The combination of stronger demand projections and fleet additions has pushed SpiceJet back into the spotlight among aviation stocks this week.