Hot Pursuit     09-Mar-22
Aviation stocks take off after India resumes international flight
Shares of three aviation carriers saw buying demand after India announced resumption of international flight services from 27 March 2022.
InterGlobe Aviation (up 7.17%), SpiceJet (up 5.09%) and Jet Airways (India) (up 5%) surged higher post announcement.

The Ministry of Civil Aviation on Tuesday announced normal commercial international passenger services to/from India from 27 March 2022. The Government in a press release said, “After having recognized the increased vaccination coverage across the globe and in consultation with the stakeholders, the Government has decided to resume scheduled commercial international passenger services”

The suspension of scheduled commercial international passenger services to/from India and air bubble arrangements stands extended only upto 26 March 2022.

In order to prevent spread of Covid-19, the Directorate General of Civil Aviation (DGCA) had suspended operations of scheduled international commercial passenger services to and from India with effect from 23 March 2020.

In last 24 hours, India's new COVID-19 cases inched higher by 4,575 taking India's active caseload to 46,962 patients. According to the Ministry of Health and Family Welfare, India has administered over 179.3 crore total doses of the Covid-19 vaccine so far.

Previous News
  Rail Vikas Nigam Ltd Spurts 4.37%
 ( Hot Pursuit - 05-Jul-24   09:30 )
  InterGlobe Aviation allots 1.88 lakh equity shares under ESOS
 ( Corporate News - 04-Jul-24   20:25 )
  PNC Infratech Ltd leads losers in 'A' group
 ( Hot Pursuit - 11-Jun-24   15:00 )
  Volumes soar at Interglobe Aviation Ltd counter
 ( Hot Pursuit - 11-Jun-24   11:00 )
  InterGlobe Aviation edges higher on codeshare deal with Japan Airlines
 ( Hot Pursuit - 03-Jun-24   14:47 )
  Interglobe Aviation
 ( Results - Analysis 24-May-24   09:49 )
  IndiGo Q4 PAT doubles to Rs 1,895 cr; EBITDAR margin at 24.8%
 ( Hot Pursuit - 24-May-24   10:58 )
  Indices edge higher; breadth strong
 ( Market Commentary - Mid-Session 24-May-24   09:40 )
  Stock alert: Zee Entertainment Enterprises, Honasa, Indigo, Schneider Electric, Sun Pharma
 ( Market Commentary - Stock Alert 24-May-24   08:38 )
  SpiceJet upgrades Delhi-Bangkok flight to wide-body Airbus A340
 ( Corporate News - 23-May-24   19:42 )
  Interglobe Aviation consolidated net profit rises 106.14% in the March 2024 quarter
 ( Results - Announcements 23-May-24   17:15 )
Other Stories
  Central Bank of India eases for fifth straight session
  08-Jul-24   13:36
  Apollo Tyres Ltd eases for fifth straight session
  08-Jul-24   13:35
  Reliance Industries Ltd up for third straight session
  08-Jul-24   13:06
  Oil & Natural Gas Corpn Ltd rises for third consecutive session
  08-Jul-24   13:05
  Zydus Lifesciences Ltd spurts 0.43%, up for five straight sessions
  08-Jul-24   13:01
  Dr Reddys Laboratories Ltd gains for fifth session
  08-Jul-24   13:01
  HPL Electric soars after inking MoU with China-based Guangxi Ramway Tech
  08-Jul-24   12:40
  J&K Bank records 11% YoY growth in gross advances in Q1 FY25
  08-Jul-24   12:30
  Krebs Biochemicals & Industries Ltd leads gainers in 'B' group
  08-Jul-24   12:16
  Nykaa expects revenue growth around 22 to 23% YoY in Q1 FY25
  08-Jul-24   12:05
Back Top