In December 2023, it surpassed United Airlines to become the sixth largest airline in the world. Data shows that Delta Air and Ryanair Holdings are the top two airlines with $30.4 billion and $26.5 billion mcap, respectively.
According to reports, Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia have tendered their resignation as SpiceJet battles through a cash crunch
Aviation stocks have been enjoying an upward trend, mainly buoyed by the recovery in passenger numbers, growth in freight business and a recent decline in global oil prices.
As per an exchange filing dated December 6, SpiceJet told that it will meet on December 11, 2023 to discuss and consider options for raising fresh fund raise