Fleet Expansiion

India News

SpiceJet Raises Rs 3,000 Crore for Massive Fleet Expansion

SpiceJet is gearing up for an ambitious expansion plan, with CEO Ajay Singh revealing the airline’s intention to add 75 new aircraft to its fleet within the next two years. The expansion will be fueled by the recent Rs 3,000 crore raised through a Qualified Institutional Placement (QIP), a strategic move aimed at strengthening the airline’s operations. According to Singh,…