Shares of Kingfisher Airlines (down 4.61%), SpiceJet (down 2.77%) and Jet Airways (down 2.76%) declined as a weak rupee heightened concerns about its impact on operating costs of airline companies. A weak rupee impacts the aviation sector as almost a third of operational expenses of aviation fir...
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ICD provides US$50 million financing to ALAFCO
By
Dino D'Amore
12th October 2021