Friday, August 11, 2006

Jet stock tumbles as UK uncovers terror plot

Mumbai: The stocks of the aviation companies ended Thursday on a mixed note even as UK security agencies uncovered a plot to bomb aircraft leaving the country's Heathrow airport. While Jet Airways Ltd lost nearly 2% or Rs 9.55 to end the day at Rs 512.55, Deccan Aviation gained 2.33% or Rs 1.75 to settle at Rs 77. Meanwhile, SpiceJet Ltd gained a marginal 1.62% to end the day at Rs 40.80.
Airlines in India are not cancelling flights to the United Kingdom yet, but there might be consequential delays on return flights because of the terror threat. This has led to delayed departure of several London bound flights from Mumbai and New Delhi airports.
11/08/06 Financial Express
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