SpiceJet rises on securing rights to operate Haj Flights from four Indian cities in 2025
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
SpiceJet is currently trading at Rs. 62.15, up by 0.22 points or 0.36% from its previous closing of Rs. 61.93 on the BSE.
The scrip opened at Rs. 62.00 and has touched a high and low of Rs. 62.50 and Rs. 60.92 respectively. So far 3584046 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 43.40 on 30-Nov-2023.
Last one week high and low of the scrip stood at Rs. 63.40 and Rs. 56.50 respectively. The current market cap of the company is Rs. 7940.04 crore.
The promoters holding in the company stood at 29.13%, while Institutions and Non-Institutions held 31.24% and 39.63% respectively.
SpiceJet has secured the rights to operate Haj flights in 2025 from four key Indian cities - Kolkata, Guwahati, Srinagar, and Gaya. The airline will carry close to 15,500 pilgrims next year, a significant increase of 18% compared to the 13,000 pilgrims it took in 2024.
SpiceJet will operate over 100 special Haj flights next year, using a mix of narrow?body and wide?body aircraft. Haj has been a significant revenue generator for SpiceJet, and the airline expects to generate Rs 185 crore from these operations in 2025. SpiceJet has been successfully operating special annual Haj flights since 2019.
During the previous Haj season, SpiceJet deployed two wide?body Airbus A340 aircraft, each with a seating capacity of 324 passengers, to ensure a seamless travel experience for pilgrims. In 2025, the airline is committed to enhancing its services further, making all necessary arrangements to guarantee a comfortable and smooth journey for the pilgrims.
SpiceJet is among the first private companies that stepped into the Indian aviation sector.
