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Aviation stocks rally as domestic passenger flights to resume from May 25

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New Delhi: Aviation stocks on Thursday rallied up to 10 per cent in opening trade after the government announced that domestic passenger flight services will resume from May 25 in a calibrated manner.

InterGlobe Aviation shares zoomed 9.88 per cent to ₹1,002 on the BSE. SpiceJet also jumped 4.88 per cent to ₹42.95 -- its upper circuit limit.

Domestic passenger flight services will resume from May 25 in a calibrated manner, Civil Aviation Minister Hardeep Singh Puri said on Wednesday.

All scheduled commercial passenger flights have been suspended in India since March 25, when the government imposed a lockdown to curb the spread of the novel coronavirus. "Domestic civil aviation operations will recommence in a calibrated manner from Monday,

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