SpiceJet’s share price saw a sharp jump on December 8, 2025 — rising up to 13–17% intraday, with the stock touching ₹35.50 on the BSE. This surge came even as broader markets traded flat.
Market watchers labelled this as a continuation of a two-session rally that has lifted SpiceJet’s shares roughly 15% in a short span.
Why the stock is rallying: Key triggers behind the surge
✈️ Flight disruptions at rival IndiGo benefit SpiceJet
A major factor behind SpiceJet’s spike is operational chaos at IndiGo — widespread flight cancellations and delays have apparently shifted demand toward SpiceJet.
Investors seem to be betting that the turbulence at IndiGo will drive passengers to SpiceJet, boosting its bookings and short-term revenue potential.
🛫 Capacity expansion — fleet ramp-up plan boosting confidence
Separately, SpiceJet has laid out plans to nearly double its operational fleet by end-2025 — a move aimed at increasing capacity and improving aircraft utilization.
Management hopes that returning grounded planes and increasing available seat capacity will help reduce operating costs per seat and eventually improve profitability.
This long-term growth narrative appears to have added fuel to the recent stock rally. The Economic Times
What it means for investors and the aviation sector
- For investors, the rally underlines the volatility and potential upside in airline stocks — especially when sector-wide disruptions reshape demand.
- For the aviation sector, the shift suggests that operational failures of one major carrier (IndiGo) can quickly benefit competitors, at least in the short term.
- However, long-term profitability for SpiceJet still depends on structural issues: reducing cost per seat, managing debt, and steady aircraft utilization. NDTV Profit
What to watch next
- Whether SpiceJet can convert the demand boost into sustained load factors and revenue, or if this is just a temporary rally.
- Updates on airline-level metrics: aircraft utilisation rates, costs per seat, debt-management progress, and ability to revive grounded fleet.
- Broader sector stability — if problems at IndiGo end soon, some of the momentum behind SpiceJet’s surge may fade.
- How other competitors react: pricing, capacity offers, and service levels — all of which can influence SpiceJet’s long-term prospects.
Final take
The sudden 15% surge in SpiceJet share prices reflects a mix of opportunity and optimism — driven by demand diversion from a rival airline’s troubles and a bold capacity expansion plan. Whether this rally translates into long-term gains depends on execution, discipline, and stable demand from flyers.
