IndiGo has placed four of its crew members under home observation to check the spread of coronavirus
The national carrier had also suspended its Delhi-Hong Kong flights due to the coronavirus epidemic that has killed more than 2,000 people in China till date
SpiceJet had 13 Boeing 737 Max in its fleet (and 155 planes of the type on order), which were grounded following a global ban last March
While passengers of Emirates will be able to access the SpiceJet network first from early 2020, SpiceJet passengers travelling from India to Dubai will also be able to access Emirates' network
ICICI Securities remains positive on the stock considering the overall low capacity growth in Indian airlines & expected improvement in operations over the next two years with better cost management
The brokerage pegs the sales revenue at Rs 2,817 crore, up 50.3 per cent from Rs 1,874.8 crore logged in Q2FY19. This would, however, translate to a 6.2 sequential decline.
In a regulatory filing, the company said its board of directors would meet on November 13.