STOCKWATCH
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Airline
Expansion20 Feb 2026, 11:18 am

Spicejet Ltd's Market Share More Than Doubles to 4.3% in Three Months, Plans to Further Expand Capacity

AI Summary

Spicejet Ltd has recorded a sharp improvement in its domestic market position, with its market share more than doubling from 1.9% in September 2025 to 4.3% in December 2025. The strong rebound was driven by a 56% expansion in capacity during Q3, supported by the induction of 16 aircraft during the quarter. The airline plans to more than double its capacity to 220 crore Available Seat Kilometres (ASKs) by Winter 2026, positioning it for further market share gains.

Key Highlights

  • Spicejet's market share more than doubles from 1.9% to 4.3% in three months
  • 56% expansion in capacity during Q3
  • Induction of 16 aircraft during the quarter
  • Plan to more than double capacity to 220 crore ASKs by Winter 2026
  • Focus on strengthening connectivity, improving reliability and scaling up in a measured and sustainable manner
SPICEJET
Airline
SPICEJET LTD.

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