SpiceJet has finalised a significant lease agreement to introduce two wide-body A340 aircraft into its fleet for the upcoming Haj operations. This strategic move underscores the airline’s commitment to delivering exceptional travel experiences while maximizing revenue streams.
The airline will deploy the wide-body aircraft from both Srinagar and Guwahati.
Last year, SpiceJet’s Haj operations generated substantial revenue of INR 337 Crore. The airline aims to replicate this success in the current year’s operations.
Chandan Sand, Head of Leasing and Legal, SpiceJet said, “We are happy to announce the finalisation of the lease agreement for the induction of two wide-body A340 aircraft into our fleet, further enhancing our capacity to serve the needs of our passengers, especially during the upcoming Haj operations. These A340s will not only elevate our service standards but also play a vital role in enhancing our revenue streams.”
“Furthermore, we are actively pursuing opportunities to expand our fleet through long-term lease agreements, which will not only bolster our existing fleet but also facilitate the expansion of our network, enabling us to better serve our passengers and strengthen our position in the aviation industry.”
The wide-body aircraft, each with a seating capacity of 324, will play a crucial role in SpiceJet’s Haj operations, which are scheduled to commence their first phase to Medina on May 9, 2024. With flights scheduled to operate from seven Indian cities, including Srinagar, Gaya, Guwahati, Bhopal, Indore, Aurangabad, and Vijayawada, SpiceJet is set to facilitate seamless travel experiences for pilgrims embarking on the sacred journey to Medina.
SpiceJet operated over 200 special Haj flights last year, carrying over 21,000 pilgrims.