You are here: Home » Markets » News
Business Standard

Aviation stocks gain up to 10% as domestic flight ops to resume from May 25

InterGlobe Aviation, which operates its flights under the IndiGo brand, rallied 10% to Rs 1,002, while SpiceJet was locked in the upper circuit of 5% at Rs 42.95 on the BSE.

SpiceJet InterGlobe Aviation | Buzzing stocks | Lockdown

SI Reporter  |  Mumbai 

indigo, flights, aircraft, aviation
The stock of the budget carrier SpiceJet was locked in the upper circuit of 5 per cent at Rs 42.95 on the BSE.

Shares of two listed aviation companies - InterGlobe Aviation and SpiceJet – rallied up to 10 per cent on the BSE on Thursday in early morning trade after the government on Wednesday announced that domestic airline operations would resume on May 25, more than two months after all flights were halted.



What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, May 21 2020. 09:38 IST