SpiceJet shares up 4% on launching 32 new flights to expand domestic, international connectivity

Synopsis

SpiceJet Shares Price: SpiceJet shares rose 4.2% after announcing 32 new flights for winter, enhancing connectivity. The airline aims to improve customer experience with increased frequencies and routes.

Shares of SpiceJet jumped 4.2% to their day’s high of 59.29 on the BSE after the company announced that it has launched 32 new flights for the winter schedule aiming to enhance connectivity and provide the travellers with more options.

Out of these new flights, 30 will be operating in the domestic sector while the remaining 2 will be connecting Delhi to Phuket with daily non‐stop service.

“The winter schedule will feature exciting new routes, including four new flights from Mumbai to Patna, Gorakhpur, Varanasi, and Goa. The airline will connect Patna to Ahmedabad, Guwahati, Kolkata, and Bengaluru; Chennai to Port Blair and Pune; Delhi to Phuket, Amritsar, Gorakhpur and Kolkata to Port Blair,” the filing to the exchanges further read.

The flights are being introduced for the winter schedule, which began from October 27,i.e, Sunday.

“We are delighted to announce the addition of 32 new flights to our network. This expansion reflects our commitment to providing seamless connectivity, affordable air travel and an enhanced customer experience to our passengers. With improved schedules and increased frequencies, we aim to deliver greater reliability and convenience, ensuring our passengers reach their destinations efficiently,” said Debojo Maharshi, Chief Business Officer of SpiceJet.

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“As we continue to grow our fleet and operations, we will be adding more flights in the coming weeks. We look forward to welcoming passengers on board as we continue our journey towards a more robust fleet and service delivery,” Maharshi added.

The shares of SpiceJet increased by 22.2% in the last one year. However, in the current year so far, the same has decreased by 2%.

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