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SpiceJet incorporates ‘Canvin Real Estate’

29 Nov 2017 Evaluate

SpiceJet has incorporated a wholly-owned subsidiary namely - Canvin Real Estate which shall be engaged in real estate business. The company has acquired 100% stake and had subscribed to equity shares in cash.

The company had reported the Passenger Load Factor (PLF) of 93.7% during the month of October this year and a PLF of 94.2% during September 2017.

SpiceJet is among the first private companies that stepped into the Indian aviation sector.



Peers
Company Name CMP
Interglobe Aviation 4792.00
SpiceJet 8.62
TAAL Tech 960.15
Taneja Aerospace 328.00
Global Vectra Helico 121.70
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