In an official statement, SpiceJet clarified that the component was purely cosmetic and had no bearing on the aircraft’s structural safety.
Aviation stocks: Nuvama said the Israel-Iran tensions have threatened to drive oil prices to $100 a barrel due to the potential closure of the Strait of Hormuz with a war premium already built into current prices.
Despite the better-than-expected performance in Q4 FY25, InCred Equities has cut its FY26 EBITDAR estimates by 43 per cent due to lower ASK growth expectations. It has introduced FY27 projections and rolled forward its valuation to March 2026.
SpiceJet shares rose 4.99 per cent to hit a high of Rs 46 on BSE, trimming its year-to-date losses to 20.33 per cent. Nuvama suggested a target price of Rs 48 on the airline stock.
Stocks including Bajaj Finance, SpiceJet, Adani Ports & SEZ, NTPC, Vedanta, Sun Pharmaceuticals, ITC and more will be in the spotlight on Monday, June 16.
Last checked, TAAL Ent shares were down 3.84 per cent while IndiGo slipped 3.01 per cent. SpiceJet and Global Vectra shed 1.85 per cent and 0.96 per cent, respectively.
Stocks including Bajaj Finserv, IREDA, Coal India, Dr Reddy's Labs, Praj Industries, JSW Energy, SpiceJet, Ashoka Buildcon and more will be in the spotlight on Friday, June 06.
"We would like to inform you that the Division Bench of Delhi High Court in its order dated May 23, 2025, has dismissed the appeal filed by KAL Airways and Kalanithi Maran seeking damages of more than Rs.1300 crore and other claims," SpiceJet stated in a BSE filing.
Major airlines, including IndiGo, Air India, and SpiceJet, have issued passenger advisories and implemented flexible policies.
The latest travel advisory was issued to all travellers at 00:18 hours on 9 May, with a message to rely on official sources only.
Over 200 flights were cancelled in the aftermath, with IndiGo alone grounding around 165–160 of its scheduled operations