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Airlines Stocks Gain after Jet Fuel Price Cut
01 Oct 2014, 12:26 PM IST
Jet Airways (India) gained 3.3 percent, while SpiceJet was up 3.9 percent.
Indian Oil Corp cut jet fuel price by an average of nearly 3 percent across cities.
Jet fuel traditionally marks nearly a third of an airline's operational cost.
Copyright: Thomson Reuters 2014
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