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Business Standard
3 days ago
- Business
- Business Standard
SpiceJet inks damp-lease deal for 5 Boeing 737s ahead of winter schedule
Domestic carrier SpiceJet has secured a damp-lease arrangement for five Boeing 737 aircraft ahead of its winter schedule, the airline said on Wednesday. The move marks a capacity boost for the airline ahead of the busy travel season. SpiceJet to receive additional fleet by October While most of these aircraft will join the fleet in October, a few are scheduled to arrive a couple of weeks earlier, the airline said in a statement. These additions will cater to the peak winter season and extend into the early summer season of 2026, remaining with the airline until May 2026, the airline added. Prepared to meet demand surge: SpiceJet All the aircraft will be inducted under damp lease arrangements. A damp lease is an aircraft leasing arrangement where the lessor (the owner of the aircraft) provides the plane along with the flight crew, but does not supply the cabin crew, maintenance, or insurance. Airlines usually ink such deals for extra capacity during peak seasons. Total fleet additions rise to 10 This deal follows SpiceJet's announcement last month of inducting five Boeing 737s on damp lease from another operator, taking the total number of new fleet additions to 10. On July 25, the airline made a similar announcement for five leased aircraft. SpiceJet further said that it is in advanced discussions to lease more aircraft ahead of the 2025 winter schedule. "With the induction of the additional fleet, we are ensuring that our passengers have more choices, greater connectivity, and a reliable, on-time travel experience,' Maharshi added. Out of its total fleet of 53 aircraft, the airline currently operates 13 Boeing 737s and 6 regional jets, while the remaining 34 stay on the ground, according to aircraft fleet tracking website
New Indian Express
3 days ago
- Business
- New Indian Express
SpiceJet inks damp-lease agreement for five Boeing 737s planes ahead of winter schedule
MUMBAI: Domestic carrier SpiceJet on Wednesday said it has finalised a damp-lease agreement for five Boeing 737s planes ahead of the winter schedule. The airline currently has 13 Boeing 737s and six regional jets in operation, out of a total of 53 aircraft in its fleet, according to aircraft fleet tracking website The remaining 34 remain on the ground. On July 25, the airline also made a similar announcement for five leased aircraft. "SpiceJet has finalised a lease agreement for another five Boeing 737 aircraft, further strengthening its fleet ahead of the upcoming winter schedule," the airline said in a statement on Wednesday. While most of these aircraft are scheduled to join the fleet in October, a few are expected to arrive a couple of weeks earlier, the airline said. These additions will cater to the peak winter season and extend into the early summer season of 2026, remaining with the airline until May 2026, the airline said, adding the aircraft will be inducted under damp-lease arrangements. In a damp-lease arrangement, the operational crew is shared between the operator and the airline. SpiceJet said the airline is in advanced discussions to lease more aircraft ahead of the winter 2025 schedule, which starts from October every year.
