In fact, its mega aircraft order shows not just immense confidence in the Indian growth story but also in its own ability to inch ahead of other airlines, whether they are low cost competitors or legacy carriers.
Shares of Kingfisher Airlines (KFA) tumbled around 5 percent to Rs 10.74 after the civil aviation ministry withdrew its international flying rights along with cancellation of slots at domestic airports.
Ambareesh Baliga, COO, Way2Wealth advice traders to exit from HUL and Marico at current levels.
In an exclusive interview to CNBC-TV18, Prashastha Seth of IIFL shares trading tips for the two stocks in news — Kingfisher Airways and Coal India.
In an exclusive interview with CNBC-TV18’s Latha Venkatesh and Soniya Shenoy, Mahantesh Sabarad of Fortune Finance who tracks the aviation space, gives his outlook on the possible fall in profitability for the aviation sector at the back of soaring brent crude prices.