SpiceJet is planning to lease seven more Boeing 737 aircraft by May which would take its total Boeing fleet size to 22. At present, the company has 17 Boeing 737s and 15 Bombardier Q400s in its fleet.
Moreover, Rs 500 crore is expected to be infused by its new owner Ajay Singh next month. Singh has already pumped in Rs 500 crore into the carrier after he took over control last month from erstwhile promoter the Maran family as part of the airline's revival plan.
SpiceJet is India’s most preferred airline who delivers the lowest air fares with the highest consumer value. The airline currently operates flights to over 44 Indian cities and 9 international destinations. Spice Jet has reported a net loss of Rs 275 crore for October-December 2014, higher than the Rs 172 crore loss it posted a year ago.
