SpiceJet to Lease 16 Additional Boeing 737-800 Airliners

SpiceJet has announced that it will dry lease 16 additional Boeing 737-800 airliners. The airline has applied to the Directorate General of Civil Aviation (DGCA) for a “No Objection Certificate” to import the aircraft. The airline has not identified the source of the lease. Currently, SpiceJet has grounded 13 Boeing 737 MAX 8 airliners and has indicated that the recent troubles of Jet Airways spurred the decision to increase the size of their fleet. Ajay Singh, Chairman and Managing Director, SpiceJet said, “This is the first lot of Boeing 737 airliners that we are inducting in our fleet. The sudden reduction of capacity has created a challenging environment in the sector. SpiceJet is committed to working closely with the government authorities to augment capacity and minimise passenger inconvenience.”