Aviation Stocks

Airline stocks hit 52-week low, fall up to 5% on hike in import duty of jet fuel

The government on Wednesday raised import duties on 19 items, including jet fuel as it looks to check the widening current account deficit resulting from high crude oil prices and the rupee dipping to a historic low.

Aviation stocks tumble up to 7.2% as crude oil prices hit four-year high of $80 per barrel

Shares of Spicejet plunged 7.20 percent, Jet Airways tumbled 7.05 percent and InterGlobe Aviation 4.97 percent on BSE.

Aviation stocks soar as Delhi govt cuts tax on jet fuel

Shares of Jet Airways soared 3.07 percent, SpiceJet climbed 2.86 percent while IndiGo's parent company InterGlobe Aviation rose 2.26 percent on BSE.