Monday, December 08, 2025 | 02:44 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

SpiceJet jumps on announcing fleet expansion

Image

Capital Market

SpiceJet gained 9.34% to Rs 130.50 at 14:45 IST on BSE after the company announced that it will add five 90-seater Q400 aircraft taking its Bombardier fleet size to 32.

The company made the announcement during market hours today, 16 April 2019.

Meanwhile, the S&P BSE Sensex was up 420.36 points, or 1.08%, to 39,326.20

On the BSE, 1.95 crore shares were traded in the counter so far, compared with average daily volumes of 34.79 lakh shares in the past two weeks. The stock had hit a high of Rs 135.80 and a low of Rs 123.50 so far during the day.

 

SpiceJet will add five 90-seater Q400 aircraft taking its Bombardier fleet size to 32. Three of these planes will join SpiceJet's fleet in the next ten days while the remaining two will be inducted by June. The airline had last week announced the induction of 16 Boeing 737-800 NG aircraft on dry lease.

SpiceJet's net profit fell 77.05% to Rs 55.07 crore on 16.09% rise in net sales to Rs 2382.21 crore in Q3 December 2018 over Q3 December 2017.

SpiceJet is an airline company. SpiceJet operates 516 average daily flights to 60 destinations, including 51 domestic and 9 international ones. The airline has a fleet of 48 Boeing 737, 27 Bombardier Q-400s and one B737 freighter. SpiceJet also operates a dedicated air cargo service under the brand name SpiceXpress

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 16 2019 | 3:04 PM IST

Explore News