SpiceJet

SpiceJet, India's domestic carrier, is making significant strides in its revival plan, with Chairman and Managing Director Ajay Singh confirming that the airline is on track to double its fleet within the next 12 months. The airline, which has faced a number of challenges including financial struggles and legal disputes, has already added 10 aircraft to its fleet since October 2024. SpiceJet aims to bring 10 grounded planes back into service, including four Boeing B737 Max, by mid-April, signaling a strong recovery.

Ajay Singh, Chairman and Managing Director of SpiceJet, emphasized the need for a collaborative approach between the government and the aviation industry to drive the production of Sustainable Aviation Fuel (SAF) and curb carbon emissions in the sector. Speaking on Wednesday, Singh outlined discussions with the Prime Minister's Office and oil marketing companies, proposing the establishment of SAF refineries near airports to minimize transportation costs. While the current SAF production remains limited, Singh stressed the urgency of scaling up production to meet future climate goals.