Tuesday, March 1, 2016

SpiceJet & Jet Airways fall 3-4% on hike in aviation fuel prices


Today, Aviation companies like Jet Airways & SpiceJet fell down by 3-4 per-cent in early trade following increase in aviation fuel prices. IOC, on Feb 29, raised aviation turbine fuel prices in Delhi by 4,174.49/kl to 39,301.31/kl rupees. Click for Free Trial

At 9 O 'clock IST, the scrip of Jet Airways was quoting at Rs 485.20, down Rs 6.70, or 1.36 per-cent & SpiceJet was at Rs 61.25, down by 1.37 per-cent. Moreover, InterGlobe Aviation bucked the trend, up 2.16 per-cent to Rs 827.50.