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Jet Fuel Hits Rs 2 Lakh Per Kilolitre Sending IndiGo SpiceJet Stocks Tumbling Today
Economy
Published on 29 April 2026
ATF costs surged 115% since April sparking fear
Indian airline shares plunged in the day’s most turbulent session as ATF prices crossed Rs 2 lakh per kilolitre. IndiGo slipped 2.79% to Rs 4,434 and SpiceJet fell 2.58% to Rs 14.35. With ATF costs up 115% since April, investors fear widening losses and pressure on quarterly earnings across the sector.
- ATF prices breached Rs 2 lakh per kilolitre, rattling airline stocks
- IndiGo and SpiceJet both fell sharply with weak intraday momentum
- ATF costs are up 115% since April, raising loss fears
- Energy-led cost pressure could worsen quarterly performance
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic