spicejet share price
The investors of SpiceJet seem to be getting the biggest benefit from the turmoil that has taken place in the Indian aviation industry in the last few days. On December 8, the company’s shares saw a sharp rise for the second time and the stock jumped by more than 14% in a single day. SpiceJet rose more than 17% in just two trading sessions. The share reached its day’s high of Rs 35.50, due to which this airline once again started being discussed in the market.
Indigo’s troubles and SpiceJet’s advantage
Last week was very difficult for Indigo. The airline faced large-scale flight cancellations across the country, due to which there was chaos at the airports. In six days, Indigo had to cancel more than 2000 domestic and international flights.
The main reason for this chaos is being said to be the new Flight Duty Time Limitation (FDTL) rules, in which the rest hours of pilots and crew have been increased. Indigo was ill-prepared to handle these changes and its entire rostering system went haywire. This chaos of IndiGo affected the confidence of passengers and at the same time the shares of SpiceJet started flying rapidly.
SpiceJet’s big plan is to double the fleet, triple the capacity
SpiceJet’s rise is not only because of IndiGo’s problems, but the company’s own strong plans are also the reason for it. The airline recently told investors that it is going to make a major expansion in its operational fleet. SpiceJet plans to double its operational fleet and almost triple its available seat kilometers (ASKM) by the end of 2025. This is being considered a big milestone in the growth of the airline.
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The company currently has several Boeing aircraft grounded, which are in the process of being brought back into service in a phased manner. Two aircraft are already flying, two more will return by December 2025, and the remaining four are expected to enter operation before the summer of 2026. With the increase in fleet, there will be a big expansion in SpiceJet’s routes, seating capacity and market reach. This hope has revived the confidence of investors.
Share price situation – strong comeback from decline
However, in the last few months, there was huge pressure on SpiceJet’s stock and the stock had fallen by more than 40% since the beginning of 2025. It had shown weakness in the last one month also, but IndiGo crisis and SpiceJet’s expansion plan have suddenly given new life to the stock. At present the P/E ratio of the company is above 10, and the market is assuming that the situation of the company may improve in the coming months.