SpiceJet shares jump 12 pc after US FAA approved return of Boeing 737 MAX aircraft
Shares of SpiceJet zoomed over 12 per cent on Thursday after Federal Aviation Administration (FAA) of the US approved the return of Boeing 737 MAX aircraft to commercial service.
Directorate General of Civil Aviation (DGCA) on Wednesday said it will study FAA’s decision and take “some time” before taking a final call on allowing Boeing 737 MAX planes to fly again in the Indian skies.
On BSE, the shares closed the counter at Rs 74.35, rising 12.06 per cent over the previous close.
During the trading session, the scrip rose as much as 15.74 per cent to Rs 76.8.
Following a similar trend on NSE, the scrip rallied 11.7 per cent to Rs 74.
