Airlines stocks take off on lower ATF prices

After passing through a period of turbulence, airlines companies are showing promise of a comeback, with the stocks of the listed companies in the sector registering high levels of growth in the last one month.

During the one-month period between December 18, 2006 to January 16, 2007, stocks of the three listed airline companies—Deccan Aviation, Jet Airways and SpiceJet—posted an increase of 17.33%, 11.84% and 5.29% respectively on the BSE. Interestingly, the aviation stocks outperformed the benchmark BSE Sensex by a wide margin during the same period.

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