Markets

SpiceJet: What is ailing the share price? Aviation and Business News

SpiceJet’s share prices have dropped nearly 44% since the start of the year, which is nearly more than two times the fall in its larger peer – InterGlobe Aviation – nearly four times the drop seen in the Indian benchmark – Nifty 50.Higher fuel prices, slower air traffic recovery, currency depreciation, rising competitive intensity, shrinking market share, weak financials, selling by domestic and foreign investors, delayed fundraising and value unlocking plans, lack of transparency, and delay in 737 Max deliveries are the potential reasons behind the fall in share prices on SpiceJet.Watch the video to know more.

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