SpiceJet finally got some lift on Tuesday, with shares climbing nearly 7% during intraday trading. Airline has reintroduced its first grounded Boeing 737 MAX aircraft back into service, a move announced late Monday. Investor sentiment rallied, with the stock opening at ₹44.48 on the BSE—up 1.4% from Monday’s close—and soaring to an intraday high of ₹46.90. For a stock that’s been nosediving from September highs of ₹79.90 to a 52-week low of ₹43.61 just days ago, this fleet update is a welcome breather. The return of the fuel-efficient MAX aircraft marks a critical milestone in SpiceJet’s efforts to rebuild its fleet and streamline operations. The plane is set to take to the skies on January 29, 2025, and will serve high-demand routes like Jeddah and Riyadh without operational restrictions, potentially boosting both revenue and efficiency. To ensure its MAX fleet is ready for action, SpiceJet has inked partnerships with U.S.-based StandardAero Inc. for engine maintenance and CFM International, Inc., the OEM for the LEAP-1B engines. This marks the first step in the airline’s broader plan to restore 10 aircraft, including four Boeing 737 MAX planes, by mid-April 2025.