SpiceJet, one of India’s leading airlines, is gaining significant attention in the stock market following its announcement of an expansion in its domestic flight network.
Starting November 15, 2024, the airline will launch eight new flights, connecting key cities across India. These new routes include:
- Jaipur to Varanasi, Amritsar and Ahmedabad
- Ahmedabad to Pune
SpiceJet’s stock opened at ₹62.90, reaching a high of ₹64.00 and a low of ₹62.40. The expansion is expected to boost the airline’s revenue and enhance its competitive position in the domestic market.
As of 11:30 am, SpiceJet shares were trading 3.35% higher at Rs 63.30 on the NSE.
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