SpiceJet Expands Fleet with 10 New Aircraft

• SpiceJet to add 10 new aircraft by November-end, boosting fleet and operations.
• Seven planes to be leased; three grounded planes to re-enter service.
• Shares surged 9% to Rs 63 on BSE following the announcement.
• Recent Rs 3,000 crore QIP attracted major investors like Goldman Sachs and Morgan Stanley.
• Additional Rs 736 crore from previous funding round to support growth and financial stability.

Source: News 18, The Economic Times, The Economic Times