SpiceJet added three new aircraft to its operational fleet, including an Airbus A340 wide-body and two Boeing 737s, as part of its winter expansion plan
SpcieJet share price today: The airline's stock soared 18% on the BSE today amid 'Winter' route expansion, and A340 induction
SpiceJet's net worth position strengthened considerably, rising to ₹446 crore as against the earlier deficit of ₹2,398 crore in Q1FY25.
According to media reports, India's leading airlines, particularly IndiGo and Air India have warned passengers of service disruptions following Pakistan closing its airspace to Indian airlines.
Since January 22, 2025, the stock price of IndiGo has zoomed 32% after the company reported a better than expected 14% YoY growth in revenue, led by a 13% YoY rise in passenger volumes in Q3FY25.
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Last month, SpiceJet announced the resolution of a $23.39 million dispute with Aircastle (Ireland) designated activity company and Wilmington Trust SP Services (Dublin) Limited
t was the first time that domestic air passenger traffic crossed the 5,00,000 mark in a single day.
The airline has already signed agreements for the leased aircraft, with the full induction of all the seven planes expected by November 15.
However, in the past six months, the SpiceJet stock has underperformed the market by falling nearly 10 per cent, as compared to 13 per cent rally in the BSE Sensex.
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They, however, suggest staying mindful of supply chain issues, and P&W engine snags
Headwinds for the airlines and QSR sectors, analysts believe, could outweigh the positives in the form of a demand uptick
The stock has rallied 27% in two days after the board allotted equity shares and warrants to the promoter group company, and allotted equity shares to aircraft lessors on preferential basis.
At 09:15 am; around 18.19 million equity shares representing 4.71 per cent of total equity of IndiGo have changed hands on the BSE, the exchange data shows.
The carrier had earlier this month placed an order for 500 A320 family aircraft, which will be delivered between 2030 and 2035. It is the world's largest single-tranche aircraft order
IndiGo's market cap hit Rs 97,921 crore in intra-day trade on Tuesday and was less than 2 per cent from hitting the milestone.
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Shares of InterGlobe Aviation, which runs the country's largest airline IndiGo, hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE.