SpiceJet stock flies on flight addition plan

NEW DELHI: Stock of SpiceJet flew 4 per cent higher on Tuesday after the carrier said it will launch 20 new non-stop flights on domestic routes starting from February 11.

The airline is all set to introduce daily direct flights on the Bengaluru-Rajahmundry, Chennai-Mangalore and Guwahati- Chennai routes and a direct flight between Bengaluru and Tirupati, which would operate on all days except Tuesdays, a company release said.

Following the announcement, the stock jumped 4.27 per cent to hit a high of Rs 126.90 on the BSE.

"With this, the airline also strengthens its network across South with 18 new flights. Out of these 18 flights, 10 will be catering to the popular tourist destinations in the state of Andhra Pradesh. SpiceJet also will become the only carrier to operate between Kolkata and Jabalpur and Bengaluru and Puducherry with daily direct flights," the release said.

The airline said the company aims to further connect non-metro destinations this year. "Enhanced connectivity remains at the core of SpiceJet and we aim to further expand our network by connecting more non-metro destinations with metro destinations in the current year," Shilpa Bhatia, Chief Sales & Revenue Officer - SpiceJet was quoted in the release.

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