Reuters logo
Airlines gain after IOC cuts jet fuel price
October 1, 2014 / 4:43 AM / 3 years ago

Airlines gain after IOC cuts jet fuel price

Jet Airways (India)(JET.NS) gains 3.3 percent, SpiceJet (SPJT.BO) up 3.9 percent.

An aircraft files near the setting sun in New Delhi November 30, 2013. REUTERS/Adnan Abidi/Files

    Indian Oil Corp (IOC.NS) cuts jet fuel price by an average of nearly 3 percent across cities in India. (bit.ly/1yyCDkO)

    Jet fuel traditionally marks nearly a third of an airline’s operational cost.

    Reporting by Abhishek Vishnoi

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below