IndiGo, SpiceJet extend losses as crude and ATF prices rise
IndiGo and SpiceJet extended their losing streak as crude oil rose and Aviation Turbine Fuel (ATF) prices were hiked. InterGlobe Aviation traded at Rs 4,942.50 on NSE by 9:31 am, down 2.17%.
Shares of domestic airlines IndiGo and SpiceJet continued their losing streak on Wednesday amid rising crude oil prices and the latest hike in Aviation Turbine Fuel (ATF) prices.InterGlobe Aviation, the parent company of IndiGo, was trading at Rs 4,942.50 on the NSE at 9:31 am, down 2.17%.
SpiceJet…