SpiceJet flies high on expanding its Boeing fleet to 20 aircrafts

13 Apr 2015

Spicejet is currently trading at Rs. 22.55, up by 0.30 points or 1.35% from its previous closing of Rs. 22.25 on the BSE.

The scrip opened at Rs. 22.70 and has touched a high and low of Rs. 22.75 and Rs. 22.45 respectively. So far 1136311 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 25.70 on 25-Feb-2015 and a 52 week low of Rs. 11.10 on 13-Aug-2014.

Last one week high and low of the scrip stood at Rs. 22.80 and Rs. 21.60 respectively. The current market cap of the company is Rs. 1345.77 crore.

The promoters holding in the company stood at 58.46% while Institutions and Non-Institutions held 0.46% and 41.08% respectively.

SpiceJet has expanded its Boeing fleet to 20 aircrafts, with the carrier taking delivery of three B-737s from a Czech company on a short term wet-lease. This is the first fleet expansion after new promoter Ajay Singh took over the reins of SpiceJet in February.

The induction of these planes is part of the airline's plan to lease a total of seven aircraft this month as it would be operating an enhanced flight schedule to meet summer rush. These planes have been wet-leased from TVS, a firm-based out of Czech Republic.

Till now, SpiceJet had 17 Boeing 737s and 15 Bombardier Q400s in its fleet.


Related Spicejet Ltd. Links:

Spice Jet Share Price

70.30 0.40 (0.57%) May 17, 15:19
1 Year Price Chart
Company Name CMP
Interglobe Aviation 1702.00
Hindustan Aeron 1001.00
Spice Jet 70.30
Global Vectra Helico 43.45
Jet Airways (I) 89.50
View more..
Sensex vs Spice Jet
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323