SpiceJet Market Share More Than Doubles as Capacity Expansion Drives Strong Comeback
SpiceJet has recorded a sharp improvement in its domestic market position, with its market share more than doubling from 1.9% in September 2025 to 4.3% in December 2025, underscoring the airline’s rapid operational recovery and capacity-led growth. Market share surge: Jumped from 1.9% in September 2025 to 4.3% in December 2025, more than doubling in just three months. Capacity expansion: A 56% increase in Q3, driven by the induction of 16 aircraft, widened the network and improved schedules. ASKM growth: Capacity doubled last quarter, rising from 55 crore to 105 crore ASKMs. The target is 220 crore ASKMs by Winter 2026. Fleet ramp-up: Working towards 60 aircraft through wet/damp leases and reactivating grounded planes, plus an MoU for 10 new aircraft. Leadership view: CBO Debojo Maharshi highlighted that the sharp rise in market share reflects progress in rebuilding capacity and restoring presence on key routes. Future outlook: With over 300 daily flights planned, SpiceJet expects further market share gains as it strengthens connectivity and reliability. This comeback is notable because SpiceJet was struggling with grounded aircraft and shrinking share not long ago. Now, it’s positioning itself as a competitive force again, especially in regional connectivity under the UDAN scheme.
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