SpiceJet Signs Interline Agreement with Gulf Air to Enhance Global Connectivity

SpiceJet has signed an interline agreement with Gulf Air, the national carrier of the Kingdom of Bahrain. This partnership will provide SpiceJet passengers seamless access to Gulf Air's expansive network across the Middle East, Africa, Europe and Central Asia via Bahrain, while Gulf Air customers will gain enhanced connectivity to India through SpiceJet's extensive domestic network. Ticket sales under the new agreement are expected to commence by early next year.

An interline agreement allows passengers to book connecting flights across different airlines under a single itinerary.

In its existing India network, Gulf Air currently operates direct flights to eight Indian cities including Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, Goa, Kochi, and Thiruvananthapuram.

Ajay Singh, Chairman and Managing Director, SpiceJet, said, "This partnership with Gulf Air marks an important milestone for SpiceJet as we expand our global reach and provide our passengers with more travel options than ever before. The interline agreement will not only connect our passengers seamlessly to Gulf Air's vast network across the Middle East, Africa, Europe, and Central Asia but also bring Gulf Air's passengers closer to the length and breadth of India through our domestic network. Together, we are committed to making travel more convenient, affordable, and accessible for both leisure and business travellers."

Jeffrey Goh, Chief Executive Officer, Gulf Air Group, stated, "We are pleased to announce our interline agreement with SpiceJet, an important enhancement in travel options for passengers. This partnership will allow travellers from both Gulf Air and SpiceJet to enjoy seamless travel experiences. This agreement embodies our commitment to fostering greater connectivity and cultural exchange between Bahrain and India, and beyond. With Bahrain's strategic position as a hub and SpiceJet's extensive domestic network, passengers will have convenient access to a diverse range of destinations, enriching their journeys and experiences."

This partnership reflects the commitment of both SpiceJet and Gulf Air to explore new avenues of growth beyond network expansion, leveraging each other's strengths to deliver enhanced connectivity and superior travel experiences.

Shares of SPICEJET LTD was last trading in BSE at Rs. 35.01 as compared to the previous close of Rs. 35.80. The total number of shares traded during the day was 7768466 in over 10243 trades.

The stock hit an intraday high of Rs. 36.53 and intraday low of 34.35. The net turnover during the day was Rs. 276741126.00.

Source : Equity Bulls

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