SpiceJet gains 3% as airline to start flights to London from December 4

Shares of budget-carrier SpiceJet shot up 3.3 per cent to Rs 52 apiece on the BSE on Monday after the company’s chairman and managing director Ajay Singh announced commencement of London-bound flights from December 4.

Addressing media via video conferencing, CMD Ajay Singh said the airline would start flights between Delhi and Mumbai to London within two months. Besides, the airline would announce other destinations for long-haul flights in the days to come.

The airline would deploy A330neo for London operations, he said.

At 2:50 pm, the stock of the low-cost carrier was ruling 2 per cent higher at Rs 51.35 per share, as against 0.88 per cent rise in the benchmark S&P BSE Sensex. A combined 4.04 million shares had changed hands on the counter on the NSE and BSE till the time of writing of this report.