Spicejet Ltd (SPJT.BO)
31 May 2016
** Shares of SpiceJet Ltd fall as much as 9.4 pct to 72 rupees, lowest since April 26
NEW DELHI India's SpiceJet Ltd hopes to place an order for more than 100 single-aisle planes in the next two to three months, its chairman said, as the nation's fourth-biggest airline by passenger market share reported a surge in quarterly profit.
* In talks with both Boeing and Airbus (Adds management comment, details)
NEW DELHI, May 19 SpiceJet Ltd, India's fourth-largest airline by market share, reported fourth-quarter net profit more than tripled on lower fuel prices and as it flew more passengers.
HYDERABAD, India Boeing and Airbus expect Indian airlines to order up to 1,740 jets over the next 20 years, as aircraft manufacturers eye one of the world's fastest-growing aviation markets to offset any weaker sales elsewhere.
HYDERABAD, India, March 17 Boeing Co and Airbus Group SE said on Thursday they expect Indian airlines to order up to 1740 jets over the next 20 years, as aircraft manufacturers eye one of the world's fastest-growing aviation markets to offset any weaker sales elsewhere.
** Indian aviation stocks InterGlobe Aviation, Jet Airways and Spicejet Ltd fall
** Spicejet Ltd rises as much as 14.9 pct, posting its biggest intraday percentage gain since Oct 13, 2015