{"id":291745,"date":"2019-09-16T06:40:25","date_gmt":"2019-09-16T06:40:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291745"},"modified":"2019-09-16T06:40:25","modified_gmt":"2019-09-16T06:40:25","slug":"spicejet-indigo-drop-up-to-5-as-atf-likely-to-get-costlier","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-indigo-drop-up-to-5-as-atf-likely-to-get-costlier\/","title":{"rendered":"SpiceJet, IndiGo drop up to 5% as ATF likely to get costlier"},"content":{"rendered":"<p>NEW DELHI: Shares of airline operators InterGlobe Aviation and SpiceJetNSE -3.88 % fell up to 5 per cent in Monday&#8217;s trade following a spike in crude oil prices overseas. A rally in crude oil prices may increase air turbine fuel (ATF) cost for domestic airlines, thus denting the their bottomlines.<\/p>\n<p>Oil futures hit a six-month high after attacks on Saudi Arabia&#8217;s crude facilities hurt over 5 per cent of world&#8217;s crude oil supply. By 9.30 am, Brent crude futures for October delivery were trading 10 per cent to $66.25 per barrel, while WTI crude futures were trading 8.93 per cent higher at $59.75.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Shares of airline operators InterGlobe Aviation and SpiceJetNSE -3.88 % fell up to 5 per cent in Monday&#8217;s trade following a spike in crude oil prices overseas. A rally in crude oil prices may increase air turbine fuel (ATF) cost for domestic airlines, thus denting the their bottomlines. Oil futures hit a six-month high after attacks on Saudi Arabia&#8217;s crude facilities hurt over 5 per cent of world&#8217;s crude oil supply. By 9.30 am, Brent crude futures for October delivery were trading 10 per cent to $66.25 per barrel, while WTI crude futures were trading 8.93 per cent [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-291745","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291745"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291745\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}