GURUGRAM, September 23, 2025: SpiceJet has achieved a second credit rating upgrade in a month, signalling the company’s improved credit profile, strengthened liquidity position, and sustained focus on financial discipline. Acuité Ratings & Research has upgraded the airline’s long-term credit rating to BB (Stable) from BB- (Stable). Acuité had earlier upgraded the airline’s long-term credit rating to BB- (Stable) and short-term rating to A4+. Following additional information and clarity provided by the airline, the agency has now upgraded the rating further to BB (Stable). The majority of the airline's fleet offers SpiceMax, the most spacious economy-class seating in India.