Given the headlines Jet Airways is making due to its debt woes, investors would be surprised to know that airline stocks — Jet Airways, SpiceJet and Interglobe Aviation — have not done too badly over a five-year period. And, it’s not because of IndiGo alone, which was listed in November 2015. An investment in SpiceJet would have risen five times in five years — from Rs 16 to Rs 80. However, Jet’s investors are not so lucky.
With crude oil falling to $57 per barrel, and oil companies cutting prices of aviation turbine fuel (ATF) by 14.7 per cent in