Budget carrier SpiceJet on Thursday said it is planning to lease 10 aircraft to expand its fleet ahead of the busy summer season. In aviation, the summer schedule begins on the last Sunday in March and ends on the last Sunday in October.
As on February 27, SpiceJet had a total of 33 operational aircraft and 22 grounded planes in its fleet, according to aviation analytics firm Cirium. The carrier is currently operating about 1,362 flights per week, which is 16 per cent fewer services than a year ago, Cirium’s data stated.
SpiceJet has been facing a cash crunch for the past several quarters.