Shares of low-cost airline SpiceJet soared 8 per cent to Rs 54.5 apiece on the BSE in Thursday’s intraday trade after it secured lease for 10 aircraft. At 11:25 AM, the stock was quoting 6 per cent higher at Rs 54.4 per share as against 0.25 per cenr rise in the benchmark S&P BSE Sensex.
The Ajay Singh-led airline said it has finalised lease agreements for ten aircraft to bolster its capacity ahead of the upcoming summer schedule. This move, it said, is to ensure seamless connectivity and improved services provided to travellers during this peak travel season.