SpiceJet to Induct Airbus A340 Wide-Body Aircraft by October, Eyes Global Expansion

SpiceJet released on Friday that it has leased an Airbus A340 wide-body plane to join its fleet through a lease deal. The addition is an important step in the expansion strategy of the airline.

According to the airline, the aircraft will arrive in India by the end of September and commence operations in the first week of October, subject to regulatory approvals. Initially, the aircraft will operate on a wet lease model, with a subsequent transition to a damp lease. This will provide greater operational flexibility and cost savings.

SpiceJet plans to address growing passenger demand and provide improved connectivity within its domestic and international network with the addition of this aircraft. SpiceJet also announced that it was in advanced talks to lease a second A340 aircraft, demonstrating its long-term commitment to growing its fleet and entering new markets.

SpiceJet Chief Business Officer Debojo Maharishi said in a statement that the induction of the Airbus A340 marks the beginning of one of the airline's most ambitious growth phases. This aircraft will help us enter new markets and expand our international presence.

Mahrishi added that negotiations are underway for another A340, and 18 Boeing 737 aircraft will soon join the fleet. SpiceJet is poised for one of its most ambitious growth phases. Earlier this month, SpiceJet also announced agreements to induct 18 Boeing 737 aircraft, including four Boeing 737 MAX aircraft, with deliveries beginning in October 2025. With the planned wide-body additions, the airline said it is positioning itself for continued growth in both capacity and connectivity.

SpiceJet is a Gurugram, Haryana-based Indian low-cost carrier. As of May 2025, it is the fourth-largest airline in India by domestic passenger traffic with a market share of 4%. It connects 73 destinations from its hubs in Delhi and Hyderabad, including 60 in India and 13 internationally.