SpiceJet To Launch 66 New Flights On Domestic Routes

SpiceJet to launch 66 new flights on domestic routes, trying to increase connectivity between metros and small cities.

SpiceJet, a private carrier offering affordable airlines, will start 66 new flights on March 28 from domestic routes. Under this, the number of flights on some routes will be increased.

The airline said on Saturday that these new flights will be operated through Boeing-737 and regional jet Bombardier Q-400.

The company is increasing the number of flights as part of efforts to increase connectivity between metros and smaller cities.

SpiceJet Chief Commercial Officer (CCO) Shilpa Bhatia said that with the start of the summer timetable, the company will start 66 new flights.

Under this, new flights are being introduced to connect Darbhanga (Bihar), Durgapur (Bengal), Jharsuguda (Odisha).

Gwalior (Madhya Pradesh), and Nashik (Maharashtra) with some important metros. Initially, SpiceJet linked these cities to the UDAN scheme.

According to the company, under the new plan, it will start new flights from Darbhanga to Ahmedabad, Hyderabad, Pune, and Kolkata routes.

Earlier, the airline connected Darbhanga to Mumbai, Delhi, and Bangalore. At the same time, the company will connect Durgapur with Pune in the same way.

The company is already operating flights from Durgapur to Chennai, Mumbai, and Delhi. Jharsuguda will now be linked to Chennai after Delhi, Hyderabad, and Kolkata.

In addition to the new routes, SpiceJet will increase operating numbers on Delhi-Gorakhpur, Mumbai-Rajkot, Chennai-Madurai, Mumbai-Jaipur.

Bengaluru-Goa, Mumbai-Srinagar, Delhi-Rajkot, Delhi-Srinagar, Delhi-Dharamshala, and Mumbai-Goa routes.

SEBI’s new risk meter helps investors, based on the actual portfolio of the fund

The new version of the mutual fund’s official risk-o-meter has started functioning. Under this, new risk levels have been announced and many investors feel that the risk level of their funds has increased in the new system.

However, some also feel that the risk level for them has decreased. In such a situation, investors should understand what a risk meter is.

The original or basic risk meter rated each fund at five risk levels low, low to moderate, moderate, moderately high, and high.

However, it was not actually the fund risk meter, but the fund category risk meter. It had no direct relationship with the portfolio of mutual funds.