SpiceJet to induct Airbus A340 in October via wet-to-damp lease, becomes 8th active operator

SpiceJet will induct an Airbus A340 — a rare four‑engine widebody — into its fleet in the first week of October, operating initially on a wet lease before transitioning to a damp lease. The move, unusual for a low‑cost carrier, is aimed at rapidly boosting domestic and international capacity.

Discovered 2025-09-25T22:51:59.514010-07:00 | 2025-09-25T22:51:59.514010-07:00

Briefing

What Hype is tracking

SpiceJet is using short‑term leasing to restore capacity: the A340 will enter service on a wet lease then move to a damp lease, signalling a cost‑focused, flexible approach to get widebody capability back quickly.
The induction ties into a broader capacity push — the airline has said it will add 25 leased jets for a winter surge — positioning the A340 as a stopgap to meet rising demand (see the plan to add 25 leased aircraft: https://hype.aero/?story=80a1d384-2c2a-4ffb-9f7b-2f3a4660dae1).
The move occurs alongside financial and fleet recovery actions: SpiceJet reported a Rs 234 crore Q1 loss and is reactivating parked 737s, underlining why short‑term leases and rapid widebody induction are being used to rebuild capacity (Q1 loss: https://hype.aero/?story=6f939e21-85fc-4187-89fa-07a74fad5d92; reactivating parked 737s: https://hype.aero/?story=a86b5fe8-88bb-4676-a015-1e08c6fbcec5).

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