Yahoo India Web Search

Search results

  1. People also ask

  2. 4 days ago · SpiceJet plans to expand its fleet by adding 75 aircraft over the next two years, funded by a recently concluded Rs 3,000 cr QIP. CEO Ajay Singh believes this amount is sufficient for their expansion strategy, aiming to grow from 25-28 aircraft to over 100. The aviation market's current strength supports this move.

  3. Sep 22, 2024 · SpiceJet plans to expand its fleet to 100 aircraft by the end of 2026 after raising Rs 3,000 crore through new shares. The airline aims to capitalize on strong market demand and has resolved issues with lessors and manufacturers.

  4. 6 days ago · SpiceJet is set to expand its fleet to 100 aircraft by the end of 2026, following a successful capital raise of ₹3,000 crore through the issuance of new shares. Here’s everything you need to know about this development.

  5. SpiceJet is gearing up for significant expansion, as the airline looks to acquire new aircraft and invest in cutting-edge technologies. This move comes on the back of the completion of a ₹3,000 crore share sale, aimed at breathing new life into the airline’s operations.

  6. 5 days ago · Singh revealed that the company plans to double its fleet by ungrounding existing aircraft, and has set a target of having 40 planes by the end of financial year 2025 and double that count to 80 by the end of financial year 2026. The near-term aim, according to the SpiceJet CMD is to scale up to 5,000 flights per month.

  7. 5 days ago · SpiceJet's Expansion Plans. SpiceJet intends to have 100 aircraft by the end of 2026, its chairman and managing director Ajay Singh said, a day after the low-cost airline earned Rs 3,000 crore (about $360 million) through the sale of new shares. "SpiceJet is an airline that has strong fundamentals but was hamstrung by two black swan events one ...