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

You may also read!

Stop Killing Civilians, Centre Tells Pakistan After 21 Deaths in Over 2,000 Ceasefire Violations This Year

India has given Pakistan a detailed list of at least 15 individuals allegedly involved in pro-Khalistani activities in Pakistan,

Read More...

Army officer who died in Congo was to return to India this month

The body of Lieutenant Colonel Gaurav Solanki, who died in an accident in the Democratic Republic of Congo on

Read More...

600 sea specialists, 1000s of Jihadis will ensure blood everywhere in India warns JeM

A week after the Navy warned that the Jaish-e-Mohammad was planning a sea borne attack, the Intelligence Bureau has

Read More...

Leave a reply:

Mobile Sliding Menu