A SpiceJet Ltd. aircraft prepares to land at Chhatrapati Shivaji International Airport in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

SpiceJet In Talks With Lessors For Inducting Planes

SpiceJet Ltd. on Friday said it was in discussion with various lessors to bring in more planes into its fleet.

The no-frills airline has grounded 12 Boeing 737 MAX aircraft following regulatory directives earlier this month.

"In order to cater the gap from the reduced fleet size due to grounding of Max fleet, the company is in discussion with various lessors globally to induct aircraft in its fleet," the carrier said in a filing to the BSE.

The clarification came amid reports that the airline is in talks to lease some grounded planes of Jet Airways (India) Ltd.

Earlier this month, the Directorate General of Civil Aviation ordered grounding of Boeing 737 Max 8 aircraft.

The decision came days after a 737 MAX 8 aircraft operated by the Ethiopian Airlines crashed in Ethiopia, killing 157 people.

Shares of the airline jumped little over 7 percent to close at Rs 98.10 apiece on the BSE.

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