SpiceJet Begins Fleet Revival with Overhauled Engines from StandardAero

In a major development aimed at enhancing its operational capabilities, SpiceJet has received the first two overhauled aircraft engines from global MRO (Maintenance, Repair and Overhaul) provider, StandardAero.

These include one CFM LEAP‐1B engine, used in Boeing 737 MAX aircraft, serviced at StandardAero’s Houston facility, and one Q400 engine, overhauled in Singapore. This marks the beginning of a structured fleet recovery initiative by the airline.

Boeing 737 NG Aircraft Returns to Service

SpiceJet has also successfully brought a grounded Boeing 737 Next Generation (NG) aircraft back into active service. The aircraft, which returned to operation last month, represents the airline’s ongoing commitment to restoring its fleet in a phased and methodical manner.

Comprehensive Engine Overhaul Plan

As part of its broader fleet revival plan, SpiceJet has sent a total of 17 engines for overhaul. Of these, six LEAP‐1B engines were sent to StandardAero’s Houston facility and seven Q400 engines to its Singapore unit. Additionally, four engines have been dispatched to Carlyle Aviation to support the revival of other grounded Boeing 737 NG aircraft.

About SpiceJet Ltd

SpiceJet Ltd primarily operates in the air transportation sector, offering passenger and cargo carriage services.

SpiceJet Share Price Performance

On July 4, 2025, SpiceJet share price opened at ₹39.99, almost the same as its previous close of ₹39.92. At 9:38 AM, the share price of SpiceJet was trading at ₹40.08, up by 0.40% on the BSE.

Also Read: SpiceJet Share Price in Focus: NCLT Asks Lessors to Submit Valid Power of Attorney by July 3!

Conclusion

With the first batch of engines now received, SpiceJet anticipates a consistent inflow of refurbished engines in the coming months. This move is expected to significantly boost the airline’s operational strength and readiness, aligning with its strategic goal to restore fleet capacity and enhance service reliability.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.