GURUGRAM, September 26, 2025: SpiceJet has finalized a lease agreement to add a wide-body Airbus A340 aircraft to its fleet, representing a significant step in the airline’s expansion strategy. The aircraft is set to arrive in India by the end of this month and is anticipated to commence operations in the first week of October. This addition will enhance capacity to address increasing passenger demand and further solidify SpiceJet’s expanding network. The airline is also in advanced talks to lease a second A340, underscoring its commitment to scaling operations and providing passengers with improved connectivity and comfort.
Initially, SpiceJet will operate the A340 under a wet lease model and will later shift to a damp lease arrangement, which offers increased operational flexibility and substantial cost savings. Pending regulatory approvals, the A340 is intended to be a long-term addition to SpiceJet’s fleet, with operations planned for well beyond a year. Additionally, SpiceJet is in advanced discussions for leasing another wide-body A340 aircraft, further enhancing its fleet and supporting its long-term growth strategy. This announcement follows the airline’s recent agreements to introduce 18 Boeing 737 aircraft, including four Boeing 737 MAX models, which are scheduled to join the fleet starting in October 2025.
Debojo Maharshi, Chief Business Officer of SpiceJet, expressed enthusiasm about the Airbus A340’s induction into their fleet, highlighting the airline’s continuous efforts to improve service offerings and broaden both domestic and international networks. He stated that this aircraft will enable SpiceJet to explore new markets and extend its international presence. With another A340 in negotiation and 18 Boeing 737 aircraft on the way, SpiceJet is set for one of its most ambitious growth phases.