Interglobe Aviation Ltd.

BSE: 539448 | NSE: INDIGO
Large Cap | Airlines
4298.90
-223.30 (-4.94%)
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Aviation stocks gain traction after govt allows resumption of domestic flights

Date: 21-05-2020
Aviation stocks gained traction after the government announced that domestic passenger flight services will resume from May 25 in a calibrated manner.

InterGlobe Aviation is currently trading at Rs. 1018.00, up by 106.10 points or 11.64% from its previous closing of Rs. 911.90 on the BSE.

JET AIRWAYS (INDIA) is currently trading at its upper circuit limit of Rs. 20.30, up by 0.95 points or 4.91% from its previous closing of Rs. 19.35 on the BSE.

SPICEJET is currently trading at its upper circuit limit of Rs. 42.95, up by 2.00 points or 4.88% from its previous closing of Rs. 40.95 on the BSE.

Civil Aviation Minister Hardeep Singh Puri said domestic passenger flight services will resume from May 25 in a calibrated manner. Standard operating procedures for passenger movement are also being separately issued by the Ministry of Civil Aviation.

All scheduled commercial passenger flights have been suspended in India since March 25, when the government imposed a lockdown to curb the spread of the novel coronavirus.