Asia/Pacific

Weak rupee drives down aviation stocks

  • Share this:
Weak rupee drives down aviation stocks

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...

Page content restricted for non-members!

Become a member!