SpiceJet is world’s top airline stock in 2017 with 124% gain

According to reports, budget carrier SpiceJet's stock has surged 127% this year, making it the world’s best-performing airline stock. The stock has gained over 800% since SpiceJet was forced to ground its entire fleet over inability to pay $2.2 million in fuel bills in 2014. The rise has been attributed to Co-founder Ajay Singh injecting capital and cutting loss-making routes.

By |

OTHER NEWS SHOTS

Read More News Stories