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India's SpiceJet adds 8 more Boeing 737s ahead of festive rush
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India's SpiceJet adds 8 more Boeing 737s ahead of festive rush
Sep 15, 2025 10:38 PM

Sept 16 (Reuters) - Troubled Indian budget carrier

SpiceJet said on Tuesday it will lease eight

additional Boeing 737 aircraft to bolster its fleet ahead

of the festive and winter season.

The latest deal takes the airline's total fleet additions to

18 aircraft, including two earlier agreements to lease 10 Boeing ( BA )

jets scheduled for delivery starting in October.

SpiceJet has signed multiple settlements in recent years to

resolve disputes with lessors and other creditors, but has

continued to struggle with capacity expansion.

Last week, the carrier repaid $24 million to Credit Suisse

and secured an $89.5 million settlement from Carlyle's

commercial aviation investment and servicing unit.

The airline posted its second consecutive quarterly loss in

June, hurt by weak leisure travel demand on certain routes

during the worst India-Pakistan fighting in decades.

It also flagged that a delay in returning its grounded

aircraft to service added to its woes.

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