SpiceJet Sets Sights on A340 with Wide-Body Lease

SpiceJet has finalised a lease agreement to introduce a wide‑body Airbus A340 into its fleet, marking a pivotal milestone in the airline’s expansion strategy. The aircraft is set to arrive in India by the end of the month and is expected to commence operations in the first week of October.

The introduction will boost capacity to meet rising passenger demand and further strengthen SpiceJet’s growing network. The airline is also in advanced discussions to lease a second A340, underscoring its commitment to scaling up operations and delivering enhanced connectivity and comfort for passengers.

Initially, SpiceJet will operate the A340 on a wet lease model and subsequently transition to a damp lease arrangement, providing greater operational flexibility and substantial cost savings. Subject to regulatory approvals, the A340 is being inducted with the intention of serving as a long‑term addition to SpiceJet’s fleet, with operations planned well beyond a year.

SpiceJet is also in advanced discussions to lease 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 induct 18 Boeing 737 aircraft, including four Boeing 737 MAX aircraft, set to join the fleet from October 2025.

Debojo Maharshi, Chief Business Officer, SpiceJet, said, “We are thrilled to introduce the Airbus A340 into our fleet as part of our ongoing efforts to enhance our service offerings and expand our domestic and international network. This aircraft will allow us to tap into new markets and expand our international footprint. With another A340 under negotiation and 18 Boeing 737 aircraft joining our fleet soon, SpiceJet is poised for one of its most ambitious growth phases.”