Airline Stock Under Rs 20: SpiceJet Market Share More Than Doubles as Capacity Expansion Drives Strong Comeback

SpiceJet has orchestrated a rapid operational recovery, more than doubling its domestic market share from 1.9% in September 2025 to 4.3 per cent by December 2025. This resurgence was fuelled by a 56 per cent expansion in capacity during the third quarter, supported by the strategic induction of 16 aircraft. The increase in flying hours has directly translated into a broader network and improved schedules, allowing the airline to capture stronger passenger traction across key Indian markets.

The airline is now focused on sustaining this momentum by targeting a capacity of 220 crore Available Seat Kilometres (ASKMs) by Winter 2026. To achieve this, SpiceJet plans to operate over 300 daily flights and expand its fleet to approximately 60 aircraft through a combination of wet leases and the restoration of grounded planes. With a recent Memorandum of Understanding for 10 additional aircraft, the carrier is positioning itself to further increase its footprint in the competitive aviation landscape.

About the Company

SpiceJet is India's favourite airline that has made flying affordable for more Indians than ever before. SpiceJet is an IATA-IOSA certified airline that operates a fleet of Boeing 737s & Q-400s and is one of the country's largest regional players operating multiple daily flights under UDAN or the Regional Connectivity Scheme. The majority of the airline's fleet offers SpiceMax, the most spacious economy-class seating in India.

Authum Investment & Infrastructure Limited holds a 2.51 per cent stake in the company as of December 2025. In its annual results, the company reported net sales of Rs 5,284 crore, an operating loss of Rs 466 and a net profit of Rs 58 crore in FY25. The company has a market cap of over Rs 2,400 crore and the stock is up by 5 per cent from its 52-week low of Rs 16.07 per share.

Disclaimer: The article is for informational purposes only and not investment advice.