{"id":339377,"date":"2020-02-28T11:17:06","date_gmt":"2020-02-28T05:47:06","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=339377"},"modified":"2020-02-28T11:49:24","modified_gmt":"2020-02-28T06:19:24","slug":"aviation-stocks-plunge-up-to-10-on-coronavirus-fear","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aviation-stocks-plunge-up-to-10-on-coronavirus-fear\/","title":{"rendered":"Aviation stocks plunge up to 10% on coronavirus fear"},"content":{"rendered":"<p>Shares of airline companies plunged up to 10 per cent on Friday as rating agency ICRA said the outlook for the aviation sector remains negative in the wake of coronavirus outbreak.<\/p>\n<p>Shares of Interglobe Aviation \u2013the parent of IndiGo \u2013 plunged 9.99 per cent to \u20b91,229.75 on the BSE. Spicejet stock cracked 6.06 per cent to a low of \u20b982.10.<\/p>\n<p>Defunct airline Jet Airways (India) hit its lower price band losing 4.84 per cent at \u20b924.55.<\/p>\n<p>According to ICRA, the outlook for India\u2019s aviation industry remains negative in the wake of coronavirus outbreak, which has resulted in many international passengers cancelling their travel to South East Asian countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of airline companies plunged up to 10 per cent on Friday as rating agency ICRA said the outlook for the aviation sector remains negative in the wake of coronavirus outbreak. Shares of Interglobe Aviation \u2013the parent of IndiGo \u2013 plunged 9.99 per cent to \u20b91,229.75 on the BSE. Spicejet stock cracked 6.06 per cent to a low of \u20b982.10. Defunct airline Jet Airways (India) hit its lower price band losing 4.84 per cent at \u20b924.55. According to ICRA, the outlook for India\u2019s aviation industry remains negative in the wake of coronavirus outbreak, which has resulted in many international passengers [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-339377","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/339377","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=339377"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/339377\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=339377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=339377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=339377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}