Gold Silver Reports (GSR) – Pratt Is Said to Ship Spare Engines For Grounded IndiGo Jets Within 40 Days, Shares Surge — Shares of the budget carrier operator snapped four-day decline and rose as much as 2.7 percent to Rs 1,248.30.
Pratt & Whitney will provide spare engines within 40 days to get all grounded Airbus SE A320neo aircraft at India’s IndiGo flying again, with the first delivery scheduled for Wednesday, quoting people familiar with the matter.
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The stock has returned 38.3 percent in the past 12-months, compared to 13.2 percent advance in Sensex. – Neal Bhai Reports (NBR) INDIA
