SpiceJet flies past Jet to become 2nd most valued airline
Friday, March 24, 2017, 12:53 PM
SpiceJet, the airline which was on the verge of closure till it was sold back to its original promoters in 2015, on Thursday surged past Jet Airways, it’s much larger peer, in terms of market capitalization. At Thursday's close, SpiceJet had market cap of Rs 5,599 crore, compared to Jet Airways Rs 5,464 crore. Indigo remains the most valued airline company in the country.