Aviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased ...
ATF typically accounts for about 40 per cent of airline operating expenses and can rise to as much as 60 per cent during periods of sharp volatility.
IndiGo and SpiceJet shares jumped up to 8% as crude oil prices slumped below $85 after a US-Iran peace framework, boosting airline, OMC and tyre stocks while pressuring upstream oil producers. Get the ...
Airline shares rose on June 25 as crude oil prices hit new lows, with SpiceJet up 5.5% and InterGlobe Aviation gaining 4.7%.
InterGlobe Aviation shares fall over 6% amid rising geopolitical tensions, oil rally, and a tragic Air India crash. Here’s ...
As with global airlines, India’s airlines are also battling serious fuel price hikes, amid uncertainty in the global economy ...
Shares of India’s top airlines, InterGlobe Aviation (IndiGo) and SpiceJet, saw a strong rise during morning trade on Thursday ...
ts long-standing financial troubles have been worsened by the Middle East conflict, which has pushed up fuel prices and restricted airspace access ...
InterGlobe Aviation Ltd, the parent of IndiGo, rose 1.57 per cent to Rs 4,536.80. SpiceJet Ltd gained 4.92 per cent to Rs 12.79. Select other aviation-related counters also traded in the green.
SpiceJet faces pilot pay delays amid financial struggles, seeking a government-backed loan to stabilize operations.