Mumbai, Delhi airports turn game changers for SpiceJet, Indigo – airfares set to rationalise, Rs 899-type offers to dwindle; expert says buy these 2 shares

Even as private carrier Jet Airways shutdown continues, with a debt resolution plan being debated by lenders, an open competition has started among other airliners especially SpiceJet and Indigo about what was once Jet’s priced assets – their slots.

Mumbai airport being among the largest, has already given slots to airlines like SpiceJet, Indigo, GoAir, Vistara and AirAsia to fly from their international flight arrival and departures terminal 2 which was once a big home for Jet Airways. Delhi airport has also done similar changes. This is seen to boost more flight takeoffs for other airlines. Apart from this, airfares are expected to see changes soon. In fact, your flight ticket bookings are set to change drastically.

A research note from Prabhudas Lilladher revealed that, Jet Airways biggest asset remains its slots at heavily constrained Mumbai airport between 40-50% of total slots.  Read More

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