Stocks of airline firms has downed following State 0wned oil firms has rised jet fuel

Stocks of airline firms has downed following State 0wned oil firms has rised jet fuel or Aviation Turbine Fuel , costs by 1.5%.

Stocks of Kingfisher Airlines have decreased 4% at Rs19,while Spicejet share wasl also decrease by 2% at Rs20.

The report expressed that ATF (Aviation Turbine Fuel ) costs at Delhi’s T3 air port were rised by Rs. 899 for each kl (kilo-litre), or 1.5 for each cent, to Rs. 58,578 for each kilo-litre .

OC as well as other state retailers, HPCL and BPCL, had last increased jet fuel costs by 2.5% on Sep 16, says report.

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