SpiceJet has taken note of the order passed by the Supreme Court of India, which declined to interfere with the earlier direction to provide a security deposit of Rs 144 crore to the court pending hearing on SpiceJet`s claims. The company is examining the order and will comply with all court directions. SpiceJet would like to assure all stakeholders that this development has no impact on its day-to-day operations.The matter arises from a share transfer agreement involving SpiceJet, its promoter Ajay Singh, KAL Airways and Kalanithi Maran. SpiceJet has paid a total of Rs 730 crore to Kalanithi Maran and KAL Airways, including the entire principal amount of Rs 580 crore and Rs 150 crore towards interest. The remaining amount, as directed by the court, will be deposited in court in accordance with the arbitration process. The amount being paid by Spicejet is in the nature of a deposit held by the Court while SpiceJet`s appeal is being decided by the Court. SpiceJet remains confident of receiving a potential refund of Rs 449 crore on the culmination of this legal process.Claims of over Rs 1,300 crore in damages made by KAL Airways and Kalanithi Maran have been rejected and these orders have attained finality. All challenges to the arbitral award by KAL Airways and Kalanithi Maran have also been dismissed. SpiceJet`s claims against KAL Airways and Kalanithi Maran for a refund of amounts paid is being heard by the Delhi High Court and there is a prima facie finding of the Court in favour of SpiceJet.Powered by Capital Market - Live News

SpiceJet has received a Memorandum of Understanding (MoU) for the induction of 10 aircraft, marking another important step in the airline`s ongoing capacity expansion and network rebuilding efforts. This development follows the Board`s approval, announced last week, for a calibrated ramp-up of the fleet to 60 aircraft through a mix of wet and damp leases, along with the phased return to service of existing grounded aircraft. SpiceJet`s recovery has gathered pace in recent months. The airline doubled its capacity in the last quarter, with Available Seat Kilometres (ASKMs) rising from around 55 crore to 105 crore, reflecting a sharp increase in network strength. Building on this momentum, SpiceJet plans to more than double its capacity during the year, targeting 220 crore Available Seat Kilometres by Winter 2026, while operating over 300 daily flights across its network. The expansion is aimed at strengthening connectivity, improving operational reliability and meeting strong passenger demand, while maintaining a disciplined and sustainable approach to growth.Debojo Maharshi, Chief Business Officer, SpiceJet, said, �Doubling our capacity in the last quarter has been a significant milestone, and the plans we have in place to more than double it further this year reflect growing confidence in the business and strong demand across the network. The receipt of this MoU is an encouraging development as we continue to rebuild and expand our operations in a measured manner. Our focus remains on restoring capacity, strengthening connectivity and improving reliability for our passengers.�Powered by Capital Market - Live News

Net loss of SpiceJet reported to Rs 261.38 crore in the quarter ended December 2025 as against net profit of Rs 20.44 crore during the previous quarter ended December 2024. Sales rose 14.14% to Rs 1345.47 crore in the quarter ended December 2025 as against Rs 1178.76 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1345.471178.76 14 OPM %-13.44-15.92 - PBDT-95.45168.76 PL PBT-241.8920.27 PL NP-261.3820.44 PL Powered by Capital Market - Live News

SpiceJet will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live News

SpiceJet will launch non-stop flights connecting Ahmedabad with Sharjah starting 05 February 2026. The new service further expands the airline`s international network and strengthens air connectivity between India and the UAE. With this addition, Sharjah becomes the airline`s second destination in the UAE after Dubai. The new service will operate five days a week, except Tuesday and Wednesday, offering passengers` greater flexibility and convenience for travel to the Middle East. Ahmedabad is a key economic and cultural hub with strong trade, tourism, and diaspora links to the UAE, making Sharjah a natural and strategic addition to SpiceJet`s international network. The Ahmedabad-Sharjah flights will complement SpiceJet`s existing international services and cater to the growing demand from business travellers, tourists, and the large Indian expatriate community in the region. Powered by Capital Market - Live News