SpiceJet climbs 10% as DGCA to study FAA decision on Boeing 737 MAX planes
NEW DELHI: SpiceJet shares rallied over 10 per cent in Thursday’s trade amid reports that aviation watchdog DGCA plans to study FAA’s decision on allowing Boeing 737 MAX planes to fly again.
SpiceJet has a fleet of 13 such planes that were grounded in March 2019, as per a PTI report. SpiceJet and now-shuttered Jet Airways were operating MAX aircraft before they were grounded on safety concerns, the PTI report said.
