SpiceJet to add five 90-seater Bombardier Q400 aircraft in fleet, shares up 6%

Budget airline SpiceJet said on Tuesday it will add five 90-seater Bombardier Q400 aircraft, increasing its Bombardier fleet size to 32. Out of the five additional aircraft, three will be a part of the airline’s fleet in the next 10 days and the remaining two will be in the fleet by June.

Last week, the airline announced the induction of 16 Boeing 737-800 NG aircraft on dry lease. SpiceJet shares traded over 6 percent higher at Rs 126.60 per share.

In March, many countries grounded their Boeing 737 MAX aircraft, over safety concerns, after the model was involved in two air crashes. SpiceJet has around 12 Boeing aircraft in its fleet, which are still grounded. Read More

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