Wed, Nov 22, 2023
At around 10:05 a.m., shares of InterGlobe Aviation, or IndiGo, were up 0.23 per cent on the BSE at Rs 2,626.6 apiece, Jet Airways (India) shares were up 0.34 per cent at Rs 55.4 apiece, and SpiceJet shares were up 2.43 per cent at Rs 41.24 apiece.
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Mon, Sep 04, 2023
Spicejet and InterGlobe Aviation, the parent company of IndiGo Airlines, were trading higher in early trading on Monday after the government slashed windfall taxes on locally produced crude oil on Saturday, while Jet Airways was trading lower in the first trading session after the arrest of its founder Naresh Goyal on Friday.
Fri, Sep 01, 2023
State-run oil marketing companies Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) announced an increase in the jet fuel prices applicable in the four metros.
Tue, Aug 01, 2023
Jet Airways shares are trading five per cent up, while Spicejet is up 0.65 per cent. InterGlobe Aviation, however, is down on Tuesday.
Mon, Jul 03, 2023
Airline stocks in India: Airline stocks were in focus on Monday after the aviation turbine fuel (ATF) price was increased by Rs 1,476.79 per kilolitre, or 1.65 per cent, to Rs 90,779.88 per kl in the national capital, according to a price notification of state-owned fuel retailers on July 1.
Wed, May 03, 2023
Credit Suisse, in its latest report, said that Go First bankruptcy can benefit InterGlobe Aviation, in terms of higher market share and stronger yields in a capacity-constrained environment.
Fri, Mar 10, 2023
Aviation stocks: The state government reduced the levy of VAT on jet fuel to 18 per cent from 25 per cent.
Wed, Mar 01, 2023
Aviation stocks such as IndiGo, SpiceJet and Jet Airways were in focus on Wednesday on the back of jet fuel or Air Turbine Fuel (ATF) price cut by 4 per cent amid softening international crude oil prices.
Thu, Oct 06, 2022
Finance Ministry on Wednesday modified the Emergency Credit Line Guarantee Scheme (ECLGS) by raising the loan limit under the scheme to Rs 1,500 crore from Rs 400 crore to help the COVID-hit industry tide over liquidity stress.
Thu, Aug 11, 2022
The Union Aviation Ministry on Wednesday said that limits imposed on domestic airfares will be removed from August 31, after a span of approximately 27 months.
Mon, Jul 18, 2022
ATF prices on Saturday were reduced by 2.2 per cent or Rs 3,084.94 per kilolitre to Rs 138,147.93 per kl, a price notification of state-run fuel retailers showed amid a fall in global oil prices.
Thu, Jun 16, 2022
Aviation stocks declined up to five per cent in Thursday's intraday trade after oil marketing companies resorted to 16% steep hike in ATF prices
Sat, Mar 26, 2022
Rakesh Jhunjhunwala-backed airline Akasa Air is all set to roll out its commercial operation from June, its CEO Vinay Dube has said here.
Mon, Mar 21, 2022
Both the benchmark indices – Sensex and Nifty50 – closed almost 1 per cent lower, while the broader markets outperformed benchmarks, as Nifty midcap fell by 81 points to 28,897 at the close.
Mon, Mar 14, 2022
The Indian markets closed higher for the fifth session in row on Monday, led by banking and financial stocks, The BSE Sensex former rose 936 points to 56,486 and Nifty50 241 points to 16,871
Wed, Mar 09, 2022
With the commercial international travel opening up from March 27, 2022, the focus of the investors should be in stocks which are related with the aviation industry.
Shares of aviation stocks surged up to 7% after the government announced that India will resume international flights to and from India staring March 27, 2022
Tue, Mar 08, 2022
Both the benchmark indices – Sensex and Nifty50 – gained around 1 per cent at the close. Financial segment witnessed maximum buying along with strong IT stocks during Tuesday’s session.
Thu, May 21, 2020
Aviation stocks including Interglobe Aviation and Spicejet today saw good traction amid news of resumption of aviation activity from Monday, May 25. Railway stocks also gained as news of easing of the lockdown curbs did the rounds. IRCTC and RVNL were up by 5 per cent and 2 per cent respectively
Wed, Jan 02, 2019
Almost every airline has blamed rising ATF prices - something that can be blamed on boiling international crude oil prices. However, now tables have turned as crude oil price has eased and OMCs have the chance to trim down costs.
Mon, Oct 01, 2018
Indian Oil hikes ATF prices in metro cities like New Delhi, Mumbai, Kolkata and Chennai, Jet Airways, SpiceJet, Indigo passengers to feel ticket price whiplash.
Thu, Sep 27, 2018
Aviation stocks tumbled up to 5 per cent Thursday after the government raised import duty on jet fuel. Shares of Jet Airways tumbled 4.82 per cent, SpiceJet 1.95 per cent and InterGlobe Aviation 1.27 per cent on BSE.
Tue, May 15, 2018
In a year, Sensex has given an impressive 23.98% return, whereas Nifty 50 has managed 21.19%. Interestingly, there are 3 major aviation stocks that have given higher returns than these benchmark indices in a year.
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