Aviation stocks rally as domestic passenger flights to resume from Monday

Aviation stocks on Thursday rallied, with InterGlobe Aviation rising over 7 per cent at close of trade, after the government announced that domestic passenger flight services will resume from May 25 in a calibrated manner.

InterGlobe Aviation shares zoomed 7.28 per cent to close at Rs 978.25 on the BSE.

During the day, it advanced 12.84 per cent to Rs 1,029.

SpiceJet also jumped 4.88 per cent to Rs 42.95 — its upper circuit limit.
Domestic passenger flight services will resume from May 25 in a calibrated manner,

Civil Aviation Minister Hardeep Singh Puri said on Wednesday.