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GoAir IPO 2021 News; Goair In India Will Now Raise Funds By Selling Shares In Primary Market | स्थिति सुधारने के लिए गोएयर IPO से 3,600 करोड़ जुटाएगी, कोरोना और लॉकडाउन से एविएशन सेक्टर पर बुरा असर

GoAir IPO 2021 News; Goair In India Will Now Raise Funds By Selling Shares In Primary Market | स्थिति सुधारने के लिए गोएयर IPO से 3,600 करोड़ जुटाएगी, कोरोना और लॉकडाउन से एविएशन सेक्टर पर बुरा असर
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Aviation stocks take flight as govt ups fare price band; SpiceJet gains 7%

Shares of aviation firms InterGlobe Aviation and SpiceJet took off at the bourses on Friday, cheering the government s decision to increase the upper and lower cap on airfare by up to 30 per cent. In the intra-day trade, IndiGo shares jumped up to 4.7 per cent on the BSE to hit an intra-day high of Rs 1,704 apiece while those of SpiceJet soared 7 per cent to a high of Rs 94 per share. On Thursday, Ministry of Civil Aviation revised fare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier. The cap on maximum chargeable fare has been raised to Rs 13,000 from Rs 10,000.

Ronojoy duttaHardeep singh puriMinistry of civil aviationInterglobe aviationCivil aviationAviation stocksAir fare hikeIndigo share priceInterglobe aviation share priceSpicejet share priceஹர்தீப் சிங் பூரிஅமைச்சகம் ஆஃப் சிவில் விமான போக்குவரத்துஇன்டர்லோப் விமான போக்குவரத்துசிவில் விமான போக்குவரத்துவிமான போக்குவரத்து ஸ்டாக்ஸ்விமான கட்டணம்

Oil prices, muted traffic: Why airlines may not benefit from airfare hike

The revision in air fare price band by up to 30 per cent is a move optically in the right direction, analysts said, but will not benefit airlines much amid steadily rising oil prices. The proposal, they believe, will make a meaningful impact only if the capacity remains capped amid plateaued passenger growth. On Thursday, the Ministry of Civil Aviation revised the fare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier. The cap on maximum chargeable fare has been raised to Rs 13,000 from Rs 10,000. However, the cap on airline capacity, currently at 80 per cent of the pre-Covid level, has been extended till March 31.

Ashish shahEquinomics researchMinistry of civil aviationCivil aviationCentrum brokingInterglobe aviationAviation stocksAir fare hikeIndigo share priceInterglobe aviation share priceSpicejet share priceHardeep singh puriஆஷிஷ் ஷாஅமைச்சகம் ஆஃப் சிவில் விமான போக்குவரத்துசிவில் விமான போக்குவரத்துசிஇஎன்டிஆர்யுவ்எம் தரகு

Govt revises price band of air fares; time to buy IndiGo, SpiceJet?

budget: Budget sops that can send realty, aviation, tourism stocks soaring

For the hotel sector, the biggest wish has been to get an infrastructure status, as loans available to the asset-heavy sector attract as high as 15-20 per cent interest rate.

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