Shares of SpiceJet slipped 10 per cent to hit an intra-day low of Rs 82.35 on the BSE in the early morning trade on Tuesday, falling 19 per cent in the past two trading days, after India suspended flights to and from the UK.
India has suspended all flights from the UK from Tuesday midnight (December 22) till December 31 to prevent the new aggressive strain of the novel coronavirus from entering the country. This may lead to lower traffic recovery.
With the travel ban, India joins 30 other countries in Europe, Asia, and South America, which have restricted travel from the