SpiceJet eyes 75 new aircraft to its fleet over next two years using Rs 3,000 cr QIP boost

SpiceJet plans to expand its fleet by adding 75 aircraft over the next two years, funded by a recently concluded Rs 3,000 crore QIP. CEO Ajay Singh believes this amount is sufficient for their expansion strategy, aiming to grow from 25-28 aircraft to over 100. The aviation market's current strength supports this move.