Indian Airline Stocks

Is it wise to invest in airline stocks? Find out...

Ace stock market investor Rakesh Jhunjhunwala, who was also the co-founder of Akasa Air - India's newest airline - which took to the skies last week, died this morning at a Mumbai hospital due to a cardiac arrest.

Indian airline company SpiceJet is going through a highly turbulent phase in recent times on account of several glitches and a non-adherence to mandated guidelines in regards to the training of some pilots.

Shares of Indian airline operators jumped on Wednesday after the country's civil aviation ministry allowed domestic flights to fly at full capacity from Oct. 18, lifting pandemic-led restrictions ahead of the festive season.

The government said on Friday that it would investigate Jet Airways' ability to fly, a day after the cash-strapped airline suspended most of its international flights. Civil Aviation Minister Suresh Prabhu said in a tweet that his ministry would "review issues related to Jet Airways" and "take necessary steps" to minimise passenger inconvenience an...

Airline shares rallied on Monday following a sharp reduction in Aviation Turbine Fuel or jet fuel prices. Budget carrier SpiceJet gained nearly 8 per cent, while Jet Airways rallied over 6 per cent after state-run Indian Oil slashed ATF prices by 12 per cent.

Airline stocks surged on Friday in an otherwise flat market on a steep cut in aviation fuel prices. Indian Oil Corporation has slashed aviation turbine fuel (ATF) prices by 10 per cent, following a sharp fall in global oil prices.

Indian Oil Corp cut jet fuel price by an average of nearly 3 percent across cities.

Gains in banking, IT and capital goods stocks helped BSE Sensex and Nifty move higher in afternoon trade. Indian markets struggled in most of the early session amid weak global stock market after the crash of the Malaysian Airlines passenger plane near the Ukraine-Russia border sent shivers across global markets.

Leading bourse Bombay Stock Exchange (BSE) has lowered the circuit limit for Kingfisher Airlines stock, capping its maximum movement in a day at 5 per cent after a recent rally in the equity.

Shares of Jet Airways rose as much as 20 per cent on Wednesday, a day after the Indian airline announced that it would sell a minority stake to Gulf carrier Etihad Airways at Rs 754.74 per share. Jet shares have had a turbulent ride in recent months as talks with Etihad dragged on. The stock is up about 70 per cent since November, after media repor...

The investment is the first by an overseas operator in an Indian airline since ownership rules were relaxed and provides India's largest carrier with a deep-pocketed global partner as well as cash to retire debt.

Shares of Kingfisher Airlines continued to slide on the stcok exchanges today and tanked a further five per cent after the government withdrew international bilateral traffic rights and domestic slots of the grounded carrier.

On Wednesday, an Indian government source said the airline was the front-runner for an investment by Etihad, adding the Gulf carrier could pay up to $330 million for a 24 per cent stake in the Indian company.

Overseas investors have scaled up their exposure to three Indian air carriers - Jet Airways, Kingfisher Airlines and SpiceJet.

Is it wise to invest in airline stocks? Find out...

Ace stock market investor Rakesh Jhunjhunwala, who was also the co-founder of Akasa Air - India's newest airline - which took to the skies last week, died this morning at a Mumbai hospital due to a cardiac arrest.

Indian airline company SpiceJet is going through a highly turbulent phase in recent times on account of several glitches and a non-adherence to mandated guidelines in regards to the training of some pilots.

Shares of Indian airline operators jumped on Wednesday after the country's civil aviation ministry allowed domestic flights to fly at full capacity from Oct. 18, lifting pandemic-led restrictions ahead of the festive season.

The government said on Friday that it would investigate Jet Airways' ability to fly, a day after the cash-strapped airline suspended most of its international flights. Civil Aviation Minister Suresh Prabhu said in a tweet that his ministry would "review issues related to Jet Airways" and "take necessary steps" to minimise passenger inconvenience an...

Airline shares rallied on Monday following a sharp reduction in Aviation Turbine Fuel or jet fuel prices. Budget carrier SpiceJet gained nearly 8 per cent, while Jet Airways rallied over 6 per cent after state-run Indian Oil slashed ATF prices by 12 per cent.

Airline stocks surged on Friday in an otherwise flat market on a steep cut in aviation fuel prices. Indian Oil Corporation has slashed aviation turbine fuel (ATF) prices by 10 per cent, following a sharp fall in global oil prices.

Indian Oil Corp cut jet fuel price by an average of nearly 3 percent across cities.

Gains in banking, IT and capital goods stocks helped BSE Sensex and Nifty move higher in afternoon trade. Indian markets struggled in most of the early session amid weak global stock market after the crash of the Malaysian Airlines passenger plane near the Ukraine-Russia border sent shivers across global markets.

Leading bourse Bombay Stock Exchange (BSE) has lowered the circuit limit for Kingfisher Airlines stock, capping its maximum movement in a day at 5 per cent after a recent rally in the equity.

Shares of Jet Airways rose as much as 20 per cent on Wednesday, a day after the Indian airline announced that it would sell a minority stake to Gulf carrier Etihad Airways at Rs 754.74 per share. Jet shares have had a turbulent ride in recent months as talks with Etihad dragged on. The stock is up about 70 per cent since November, after media repor...

The investment is the first by an overseas operator in an Indian airline since ownership rules were relaxed and provides India's largest carrier with a deep-pocketed global partner as well as cash to retire debt.

Shares of Kingfisher Airlines continued to slide on the stcok exchanges today and tanked a further five per cent after the government withdrew international bilateral traffic rights and domestic slots of the grounded carrier.

On Wednesday, an Indian government source said the airline was the front-runner for an investment by Etihad, adding the Gulf carrier could pay up to $330 million for a 24 per cent stake in the Indian company.

Overseas investors have scaled up their exposure to three Indian air carriers - Jet Airways, Kingfisher Airlines and SpiceJet.