Airline stocks see volatility, settle in red zone
During the day the stocks had surged as much as 3 per cent but pared gains and settled the day in the negative territory. According to the data, domestic airlines carried 115.57 lakh passengers in July this year.
Airline stocks witnessed volatility today and settled in the negative territory even as official data showed that domestic passenger traffic grew 21 per cent in July, year-on-year. Image source: Reuters