IndiGo, SpiceJet shares surge up to 6% as govt cuts ATF price
The ATF price has been reduced by almost ₹6,000 per kilolitre for the second month in a row in October.
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SpiceJet shares hit 20% upper circuit on fundraising plans
The company announced its plans to raise fresh funds through the issue of equity shares and/or convertible shares.
SpiceJet shares surge 10% on fund infusion buzz
The Gurugram-based airline will reportedly issue 3.4 crore equity shares of the face value of ₹10 apiece and 13.5 crore warrants to Spice Healthcare.
SpiceJet surges 8% on partnership with FTAI Aviation to restore 20 engines
Under the revitalisation programme, FTAI will provide SpiceJet with up to 20 engines for lease, inclusive of maintenance services.
IndiGo, Spicejet, Jet Airways shares rise up to 8% on grounding of Go First Airlines
Aviation stocks witnessed a strong rally on Wednesday amid hope that the grounding of Go First Airlines would boost profits for the rest.
Why are airline stocks SpiceJet and IndiGo down today?
Shares of airline companies IndiGo and SpiceJet fell up to 3% in the opening after jet fuel prices were hiked by 3.3% to all-time high levels on Tuesday.
