Summer vacation on head, but Jet Airways, SpiceJet, IndiGo stocks hit fuel air pocket, tank up to 12%

Jet Airways, SpiceJet and InterGlobe Aviation share prices today tanked by up to 12 per cent as investors fear that rising fuel prices will inflate the cost of aviation turbine fuel (ATF), putting pressure on airlines' margins even further. 

Summer vacation on head, but Jet Airways, SpiceJet,
As of May 1, 2018, ATF prices in Delhi stood at Rs 65,340. Image source: Reuters

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