IndiGo, SpiceJet shares fall up to 3% as jet fuel prices rise

Shares of IndiGo-parent InterGlobe Aviation and SpiceJet traded lower on Tuesday after aviation turbine fuel (ATF) prices for domestic airlines were hiked 5.46% for the second consecutive month. Shares of IndiGo-parent InterGlobe Aviation fell 2.73% to ₹5,042.15 on BSE, while SpiceJet shares declined 1.93% to ₹10.12. The latest revision took ATF prices around 100.5% above pre-Iran war levels.