Shares of budget airline SpiceJet tumbled 9.8 per cent to Rs 54.60 per share on the BSE in Tuesday’s intraday trade amid report that two senior executives have tendered resignation.
According to a Business Standard report, the low-cost airline’s Chief Operating Officer (COO) Arun Kashyap, and Chief Commercial Officer (CCO) Shilpa Bhatia have resigned from the airline and are currently serving their notice period.
Meanwhile, according to a IANS report, the top executives were asked to put in papers after it surfaced that they were planning to enter in the aviation charter plane business through their spouses.
