SpiceJet to expand capacity by 80% this year

As it moves to expand its global presence, budget carrier SpiceJet plans to aggressively augment capacity by 80 per cent during the current fiscal, a top company official said on Tuesday.

As per the plan, the airline will induct 60 aircraft, including 30 from the recently grounded Jet Airways, SpiceJet Chief Financial Officer (CFO) Kiran Koteshwar told IANS.

“We plan to expand our total capacity by 80 per cent during this (financial) year,” Koteshwar said.

“We have already inducted 22 aircraft from lessors of Jet Airways. We plan to induct another eight aircraft from the lessors within the next 10-15 days.”