June 21, 2017:
Airline company stocks will continue to attract market attention on expectations of lower jet fuel prices, thanks to falling crude oil prices. According to reports, crude oil prices have tumbled more than 20 per cent this year, marking its worst performance in the first six months of the year since 1997. Profitability prospects of airline firms such as SpiceJet, Jet Airways and InterGlobe Aviation are likely to witness an increase due to the reduced input costs.
(This article was published on June 21, 2017)
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