SpiceJet Stock Price: On one hand, there is a continuous decline in the shares of Indio, while on the other hand, the shares of SpiceJet are trading today on December 9, rising by almost 8 percent and reaching Rs 34.99. This is the third consecutive day when shares are rising, there has been a total gain of 15 percent in three days. A special reason behind this is that the company has added two new Boeing 737 aircraft to its fleet, due to which more flights will be able to operate on larger routes and the operation has become stronger.
SpiceJet announced on December 9 that it has added two new Boeing 737 aircraft to its fleet. According to Moneycontrol report, the company has informed that this will increase both operational power and capacity on its main domestic and international routes. These aircraft are added at a time when SpiceJet is focusing on improving connectivity, running flights on time and meeting the increasing demand of passengers. These new aircraft will provide more options and flexibility to passengers during the peak travel season.
Strong rise in SpiceJet shares
Talking about the shares of SpiceJet, the company’s shares are trading at Rs 34.25 with a rise of 5 percent on BSE today at 3:17 pm. The company’s shares closed at the level of Rs 32.50 on Monday. Today the shares of the company opened at the level of Rs 32.60 and touched the high level of Rs 34.99. The 52 week high level of shares was at Rs 61, which was made on December 19, 2024.
Passengers will also get service on these routes
These two new Boeing 737 aircraft have started flying since the end of November and have just been deployed on main routes. These include busy routes like Delhi-Bangkok, Ahmedabad-Dubai and Ahmedabad-Kolkata. This means passengers are now getting more SpiceJet flights and better service on these routes.
SpiceJet Chief Business Officer Debojo Maharshi said the addition of two new Boeing 737 aircraft is another step in the company’s deliberate and responsible effort to increase capacity. He said that SpiceJet is fully committed to providing reliable, fast and affordable flights to passengers, and is also focusing on building a more strong and flexible network. That means the company is growing slowly but in the right way so that no problems arise.
Indigo crisis became a big opportunity for SpiceJet
The problems of passengers have increased due to cancellation of thousands of Indigo flights, and SpiceJet is taking advantage of this opportunity, people are now booking more tickets for SpiceJet. Due to IndiGo crisis, the market feels that the condition of SpiceJet is improving and it can earn good earnings.
Thousands of Indigo flights were canceled on Tuesday also. In such a situation, passengers were in bad condition at big airports like Delhi, Mumbai, Bangalore, people kept waiting for hours and there was a lot of anger. DGCA reprimanded IndiGo and ordered it to reduce its total flights by 5 percent due to this problem which has been going on since December 2, that is, to run less flights daily so that the flights that run run on time and the passengers do not face so much trouble.
