NDTV Profit

Airlines Stocks Gain after Jet Fuel Price Cut

Indian Oil Corp cut jet fuel price by an average of nearly 3 percent across cities.
EMAIL
COMMENTS
Airlines Stocks Gain after Jet Fuel Price Cut

Jet Airways (India) gained 3.3 percent, while SpiceJet was up 3.9 percent.

Indian Oil Corp cut jet fuel price by an average of nearly 3 percent across cities.  

Jet fuel traditionally marks nearly a third of an airline's operational cost.

Copyright: Thomson Reuters 2014



For latest news on Business, like us on Facebook and follow us on Twitter.
ALSO READ World Wants To Hear Directly From Horse's Mouth: PM Modi On Davos

Advertisement

GAINERS / LOSERS

Advertisement