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SpiceJet submits bid for second round of UDAN

14 Dec 2017 Evaluate

SpiceJet has submitted bids under the regional connectivity scheme’s second round of bidding. The company not sought any Viability Gap Funding (VGF) for their proposed flights under the scheme. It is already operating UDAN flights after winning bids in the first round.

The financial bids in the second round of the scheme -- Ude Desh ka Aam Naagrik (UDAN) -- would be opened on December 14, while the technical bids were opened on December 5.

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


Peers
Company Name CMP
Interglobe Aviation 4890.00
SpiceJet 9.82
TAAL Tech 1049.95
Taneja Aerospace 329.70
Global Vectra Helico 135.25
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