SpiceJet is world’s top Airline stock in 2017 with 124% Gain

Posted on:27 Jun 2017 15:44:44
SpiceJet is world’s top Airline stock in 2017 with 124% Gain
27 June 2017 Current Affairs:

  • SpiceJet Limited forced to ground its entire fleet on its inability to pay $2.2 million in fuel bills, the budget airline becomes the world’s best-performing airline stock with $26 billion.

  • SpiceJet shares the best performers on a Bloomberg Intelligence index of airline stocks this year.

  • The stock has gained over 800% since SpiceJet was forced to ground its entire fleet over the inability to pay $2.2 million in fuel bills in 2014.

     


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