SpiceJet Expands Operations Amid IndiGo's Flight Troubles

SpiceJet has announced plans to add up to 100 daily flights during the ongoing winter schedule, reflecting strong demand across key routes. This expansion comes as IndiGo grapples with a significant operational crisis, having cancelled over 5,000 flights due to a shortage of pilots, prompting the government to mandate a 10% reduction in its approved winter schedule.

IndiGo's on-time performance has plummeted to 8.5%, leading to severe disruptions at major hubs such as Delhi, Mumbai, Bengaluru, and Hyderabad. In contrast, SpiceJet has reintroduced seventeen aircraft into service and expects further inductions, enhancing its operational flexibility.

The market reacted positively to SpiceJet's expansion plans, with its stock rising as much as 5% on December 10, following a four-day rally that increased its share price by 19%. This shift signals a potential rebalancing of market share in India's aviation industry as travelers seek alternatives amidst IndiGo's turmoil.