Jet Airways, Kingfisher Airlines and SpiceJet soared. Reportedly, after seeing a two-year low, air prices are expected to increase by 10% in September.

Jet Airways, Kingfisher Airlines and Spice Jet rushed up after the government on Friday, resolved to form a Group of Ministers to take care of the matters addressed by the slump-hit airlines.

Jet Airways, Kingfisher Airlines and SpiceJet rushed after the government on Thursday, resolved to create a Group of Ministers to consider the issues addressed by the downturn-hit airlines.

SpiceJet on Wednesday stated that it has seen a strong enhancement in demand and anticipates recording a 10% increase in traveler traffic in July but fewer gains still stay a reason of alarm.

SpiceJet decides to introduce global operations by the month of May 2010.

Reportedly, SpiceJet seeks to break-even this economic year.

International rally is likely to wipe off on local sentiment on Friday.

SpiceJet on Thursday raised fuel surcharge by Rs.400, a day after private national airlines Kingfisher Airlines and Jet Airways declared their verdict.

SpiceJet announced on Thursday that it is in view of a likely increase in its rates by nearly Rs.300 in line with Kingfisher Airlines and Jet Airways rising fuel surcharge previous week.

SpiceJet seeks to lift fuel surcharge on air tickets by 200-300 bucks in the upcoming days.