Page 2 - SpiceJet Ltd News
SpiceJet inks damp-lease deal for 5 Boeing 737s ahead of winter schedule
While most of these aircraft will join the fleet in October, a few are scheduled to arrive a couple of weeks earlier, the airline said in a company statement
 "SpiceJet inks damp-lease deal for 5 Boeing 737s ahead of winter schedule")
SpiceJet to lease five Boeing 737 planes, joining fleet in October
SpiceJet has finalised an agreement to lease five Boeing 737 planes, and the aircraft are scheduled to join its fleet in October. The aircraft are being inducted on a damp-lease basis, where operational crew will be shared between the operator and the airline, according to a release on Friday. The airline said it has finalised a lease agreement to induct five Boeing 737 aircraft, and they are scheduled to join the fleet in October and will cater to the peak winter season as well as the early summer season of 2026. "SpiceJet is also in advanced discussions with other lessors to further enhance its fleet and strengthen both domestic and international operations," it added. The budget carrier, which had been facing multiple headwinds, operates Boeing 737s and Q-400s. It did not mention the current number of operational planes in its fleet. As per data available on fleet tracking website Planespotters.net, the airline has 20 planes in operation and 33 on the ground for various reasons
Discovery Global Management exits SpiceJet, sells 2.2% stake for ₹119 crore
Global macro hedge fund Discovery Capital Management on Wednesday exited SpiceJet by selling its entire 2.2 per cent stake in the domestic carrier for Rs 119 crore through an open market transaction. The US-based Discovery Capital Management through its affiliate Discovery Global Opportunity (Mauritius) Ltd offloaded 3,11,53,621 shares, representing a 2.20 per cent stake in Gurugam-based SpiceJet, as per the bulk deal data on the BSE. The transaction was executed at an average price of Rs 38.14 apiece, taking the total deal value to Rs 118.82 crore. Meanwhile, Plutus Wealth Management bought 2.45 crore shares or 1.73 per cent stake in SpiceJet for Rs 93.39 crore. The shares were picked up at an average price of Rs 38.12 apiece. Following the stake buy, Plutus Wealth Management's holding in SpiceJet rose to 4.44 per cent from 2.71 per cent. Details of other buyers of SpiceJet shares could not be ascertained on the bourse. SpiceJet rose 5.75 per cent to close at Rs 40.29 apiece on
 "Discovery Global Management exits SpiceJet, sells 2.2% stake for ₹119 crore")
SpiceJet shares fly 3% in trade; here's what is boosting investor interest
SpiceJet share price gained 3 per cent in trade after company announced to unground Boeing 737 NG aircraft and received two overhauled engines
 "SpiceJet shares fly 3% in trade; here's what is boosting investor interest")
