Spicejet Ltd.

NSE: SPICEJET | BSE: 500285 | ISIN: INE285B01017 | Industry: Airlines
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41.4200 -0.87 (-2.06%)
BSE Jun 06, 2025 15:31 PM
Volume: 6.7M
 

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Spicejet Ltd.
26 May 2021
41.42
-2.06%
Chart of the week - Spicejet's passenger load factor remains above 70%

In Q4FY21 airlines saw a recovery in passenger traffic. Over 70 lakh passengers were carried by domestic airlines in each month of Q4. In April 2021, passengers carried dropped to 57.2 lakh. 

Even as passenger traffic fell in April some airlines continued operations at elevated capacities. Spicejet maintained a passenger load factor of over 70% in all four months. The passenger load factor measures the capacity utilization of an airline based on the passengers it carries. IndiGo Airlines' (under InterGlobe Aviation) passenger load factor fell to 59% in April from 74% in February. The IPO-bound Go Air maintained its passenger load factor at 66% in April.

Spicejet Ltd. has an average target of 62.00 from 1 broker.
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