A SpiceJet passenger aircraft taxis on the tarmac at Chhatrapati Shivaji International Airport in Mumbai.
| Photo Credit: REUTERS
SpiceJet on March 14 stated it has finalised lease agreements for 10 planes because the no-frills airline appears to increase its capability.
It has additionally acquired three airframes as a part of latest settlement agreements.
An official within the know stated the airline can also be in talks with lessors concerning eight aircraft whose leases are expiring this month. Of these, the service is seeking to retain not less than six planes, the official added.
Besides, the official stated two aircraft that had been grounded are again in operation.
Currently, SpiceJet has greater than 30 planes in its fleet. In a launch on March 14, the airline stated it has finalised lease agreements for 10 planes.
According to the discharge, it has acquired three airframes as a part of latest settlement agreements and these have additionally resulted in financial savings of ₹685 crore for the airline. Airframe refers to an aircraft with out engines.
Shares of SpiceJet rose 6% to ₹53.39 apiece within the morning commerce on the BSE.
