{"id":400441,"date":"2021-02-15T11:34:57","date_gmt":"2021-02-15T06:04:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=400441"},"modified":"2021-02-15T11:34:57","modified_gmt":"2021-02-15T06:04:57","slug":"aviation-stocks-soar-as-government-increases-cap-on-airfare","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aviation-stocks-soar-as-government-increases-cap-on-airfare\/","title":{"rendered":"Aviation stocks soar as government increases cap on airfare"},"content":{"rendered":"<p>MUMBAI : Shares of two aviation firms &#8212; SpiceJet and Interglobe Aviation &#8212; rose on Friday as the civil aviation ministry raised fare caps for airlines by as much as 30% to offset the rise in fuel prices.<\/p>\n<p>Shares of SpiceJet advanced 4.16% to \u20b991.35, while Interglobe Aviation (IndiGo) rose 1.57% to \u20b91652.65 on the BSE. The benchmark index, Sensex was 0.24% higher at over 51700.<\/p>\n<p>While increasing the limit on airfares, the ministry also extended curbs on setting fares till 31 March amid tepid travel demand because of the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI : Shares of two aviation firms &#8212; SpiceJet and Interglobe Aviation &#8212; rose on Friday as the civil aviation ministry raised fare caps for airlines by as much as 30% to offset the rise in fuel prices. Shares of SpiceJet advanced 4.16% to \u20b991.35, while Interglobe Aviation (IndiGo) rose 1.57% to \u20b91652.65 on the BSE. The benchmark index, Sensex was 0.24% higher at over 51700. While increasing the limit on airfares, the ministry also extended curbs on setting fares till 31 March amid tepid travel demand because of the pandemic.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-400441","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400441","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=400441"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400441\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=400441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=400441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=400441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}