Aviation stocks have been in the news recently. While cash-starved Jet Airways plans to raise about Rs 2,500 crore through a rights issue, IndiGo seems to be fighting a severe shortage of pilots.
The budget carrier on Friday said scheduled cancellations of 30 flights every day would continue till March 31 and denied that 130 flights were being cancelled on Friday. IndiGo’s statement came a day after media reports said the airline would cancel 130 flights on Friday.
Here’s how the three leading aviation stocks look on the technical charts.
