Jet Airways, SpiceJet Fall 3-4% on Hike in Aviation Fuel Prices

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IOC, on February 29, raised aviation turbine fuel prices in Delhi by Rs 4,174.49/kl to Rs 39,301.31/kl.

Aviation companies like Jet Airways and SpiceJet fell 3-4 percent in early trade Tuesday following increase in aviation fuel prices.

At 09:27 hours IST, the scrip of Jet Airways was quoting at Rs 485.20, down Rs 6.70, or 1.36 percent and SpiceJet was at Rs 61.25, down 1.37 percent. 

However, InterGlobe Aviation bucked the trend, up 2.16 percent to Rs 827.50.