Monday, January 02, 2017

Aviation shares down on jet fuel price hike

The shares of aviation companies fell on Monday, in the first trading session of 2017, after state-owned oil companies hiked the price of jet fuel by a steep 8,6% on Sunday.

The shares of IndiGo's parent company InterGlobe Aviation were trading at Rs 816.30, down Rs 4.90 or 0.60% from previous close. The shares of SpiceJet were down 0.52% at Rs 56.90 apiece, while the shares of Jet Airways were down 343.75, down Rs 3.60 or 1.04% from previous close.
02/01/17 DNA