{
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SpiceJet shares rise after Aircastle withdraws insolvency case amid settlement

SpiceJet shares rose 3% on November 28 after Aircastle withdrew its insolvency case against the airline, following a mutually agreed settlement. This positive development comes after SpiceJet resolved a $23.39 million dispute with Aircastle for $5 million, contributing to a 15% gain in the stock over the past week.
Moneycontrol
United States Dollar Wilmington Trust SP Services Aircastle SpiceJet IND IRL Show more
Finance & Economy, Market Report
05:46 28.11.2024

IndiGo and SpiceJet shares rise as domestic air traffic hits record high

IndiGo and SpiceJet shares rose by 3% as domestic air traffic surpassed 500,000 passengers in a single day for the first time. Goldman Sachs has maintained a "buy" rating on IndiGo, setting a target price of Rs 4,800 per share, with air traffic growth in October and November at 10% and 11%, respectively. IndiGo"s passenger load factor (PLF) improved to 90%, up from 85.6% last year.
Moneycontrol
Indian Rupee The Goldman Sachs Group, Inc. SpiceJet IndiGo IND Goldman Sachs Show more
Finance & Economy, Market Report
07:48 19.11.2024
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