
SpiceJet surges 8% on partnership with FTAI Aviation to restore 20 engines
Under the revitalisation programme, FTAI will provide SpiceJet with up to 20 engines for lease, inclusive of maintenance services.
Under the revitalisation programme, FTAI will provide SpiceJet with up to 20 engines for lease, inclusive of maintenance services.
Aviation stocks witnessed a strong rally on Wednesday amid hope that the grounding of Go First Airlines would boost profits for the rest.
Shares of airline companies IndiGo and SpiceJet fell up to 3% in the opening after jet fuel prices were hiked by 3.3% to all-time high levels on Tuesday.