SpiceJet rallied 13 per cent to Rs 91.85 on the back of heavy volumes, while InterGlobe Aviation-run IndiGo gained 5 per cent to Rs 1,731 on the BSE
It is also leasing wide-body A340 planes, which have allowed it to expand its reach
SpiceJet said it is gearing up to provide logistics support for Covid vaccine with dedicated freighter division. It has the capability to transport extremely sensitive drugs in controlled temperatures
The flight was operated by SpiceXpress, the dedicated cargo arm of SpiceJet.
All that happened in the markets today
A massive surge of over 35 per cent in the past three sessions indicates a positive momentum going-forward for SpiceJet
SpiceJet is the sole operator -- apart from the grounded Jet Airways -- of Boeing 737 Max planes in India with 13 aircraft in its fleet
During the coronavirus-induced lockdown the government permitted operations of only cargo and special flights
The ministry had said last week that the Indian airlines can operate maximum 60% of their pre-Covid domestic passenger flights till February 24 next year due to the prevailing coronavirus situation
India's largest airline IndiGo has incurred net loss of Rs 2,884 crore and Rs 1,194 crore in Q1 and Q2, respectively, this fiscal
Six years after a revival, the question being asked is whether India's second largest private airline, SpiceJet, is back where it started
All that happened in the markets today.
Stock of IRCTC, the company that has been carrying passengers even during lockdown, advanced 6.9 per cent on the BSE to hit an intra-day high of Rs 1,404 on the BSE
The SC has stayed Delhi HC order asking SpiceJet to deposit around Rs 243 crore as interest in connection with a share transfer dispute with its former promoter Kalanithi Maran and his firm KAL Airway
The HC had directed SpiceJet to deposit the sum by six weeks, or 14 October
SpiceJet said on Friday that it would launch flights connecting Nashik in Maharashtra with Delhi, Bengaluru and Hyderabad from this month
Joins the airline at a time when the company has been hit hard by ongoing coronavirus pandemic which has by now grounded several carriers across the world
The propensity to travel amongst Indians is going up as is their willingness to pay, says Alex Mcewan, Virgin Atlantic Country Manager-India
The airline has got an overwhelming response to its Ahmedabad-Statue of Unity seaplane service
Airline will operate two daily flights using wet leased Twin Otter aircraft from Maldivian Aero. PM Modi is expected to inaugurate and travel on first flight