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SpiceJet Secures Five Boeing 737s Under Damp Lease Ahead of Winter Schedule

Targeting surging post-pandemic travel demand, the deal feeds into SpiceJet’s ongoing pursuit of additional aircraft leases.

Overview

  • SpiceJet has finalised a damp lease for five Boeing 737s that will enter service by October 2025.
  • Under the damp lease arrangement, flight operations will be managed jointly by SpiceJet and the aircraft lessor.
  • Deliveries are timed for the winter timetable to bolster capacity through winter and into early summer 2026.
  • The addition forms part of a broader strategy to expand SpiceJet’s domestic and international route network.
  • The airline is in active negotiations with other lessors to secure further aircraft as travel demand rises.