Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
PTI

Aviation stocks fly high as government lifts domestic airfare caps

Aviation stocks were in heavy demand on Thursday, a day after the Civil Aviation Ministry said that domestic airfare caps will be removed.

The Union Aviation Ministry on Wednesday said that limits imposed on domestic airfares will be removed from August 31, after a span of approximately 27 months.

Shares of InterGlobe Aviation opened at ₹2,070.05, then gained further to touch 2,080.80, registering a jump of 2.09% over its last close.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.