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!

Enhanced concern at int’l-level about terrorism from Pak after India raises issue: Govt

There is enhanced concern in the international community about terrorism emanating from Pakistan after India's consistent raising of the


PM In Japan For G20 Summit, All Eyes On Talks With Trump Tomorrow: 10 Points

Prime Minister Narendra Modi landed in Japan early this morning for the G20 summit on the sidelines of which


SpiceJet got a majority of airport slots vacated by Jet Airways in March-June

Low-fare airline SpiceJet Ltd bagged the maximum number of airport slots vacated by Jet Airways (India) Ltd after its


Leave a reply:

Mobile Sliding Menu