SpiceJet has announced plans to further strengthen its balance sheet by restructuring liabilities in the second half of FY26. Following the announcement, SpiceJet shares surged 7% today as investors reacted positively to the restructuring plan and growth prospects. Financial strategy SpiceJet's liability restructuring and financial performance SpiceJet has said that "liability restructuring remains an ongoing process," with a significant portion expected to be restructured in Q3 and Q4. Operational hurdles SpiceJet's operational challenges and market share Along with the financial losses, SpiceJet also witnessed a 14% decline in revenue from operations during the same period. Consequently, its domestic market share fell from 3.2% in January to 1.9% in September.