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SpiceJet planning to start new airline in UAE

24 Oct 2019 Evaluate

SpiceJet is planning to launch a new airline with the Ras Al Khaimah International Airport as its base as well as set up its first overseas hub in the UAE emirate. The airline is looking to make the emirate its stepping stone into Europe, and has been mulling an international hub as India's airports become more congested.

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

Peers
Company Name CMP
Interglobe Aviation 4796.00
SpiceJet 8.61
TAAL Tech 964.35
Taneja Aerospace 328.95
Global Vectra Helico 121.70
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