Airline Stocks

US airline stocks plunged on Monday as crude oil prices soared after failed peace talks between Iran and the US. Delta Air Lines shares dropped 3.2%, while other major airlines also saw declines, highlighting the aviation industry's vulnerability to rising fuel costs amid escalating tensions.

IndiGo and SpiceJet rebound on March 10 due to a significant drop in crude oil prices and optimism about easing US-Iran tensions. The decline in oil prices raised hopes for stabilizing airline operations after recent disruptions.

US-Iran war: The escalation of Middle East conflict led to a selloff in IndiGo and SpiceJet shares, with global airlines facing similar declines. Increased crude oil prices and flight cancellations raised operational costs.

SpiceJet rose 8% after Authum Investment pledged 6.8% stake of the airline. Authum disclosed that it acquired 10.37 crore equity shares of SpiceJet on February 25 by invoking pledged shares linked to outstanding dues of Spice Healthcare .

SpiceJet share price slid 10%, hitting the lower circuit in Wednesday’s trading session after reports revealed that 8.4% of its equity shares changed hands in a block deal.

InterGlobe Aviation shares rose 3.5% to ₹5,833 following an upgrade in FY26 capacity guidance and expanded operational plans, despite a Q2 net loss of ₹2,582 crore. The company reported a 9.3% revenue increase, driven by strong execution and optimized capacity deployment.

SpiceJet's stock rose 6% to ₹40.59 as it plans to double daily flights to 250 by Winter Schedule 2025, following a 22.5% gain. The airline aims to enhance operations with new routes and increased fleet capacity amid rising travel demand.

Finology Research Desk has analysed the business model of Interglobe Aviation Ltd (IndiGo) and shared its insights on how it became a market leader in a highly challenging industry where many others severely failed.

SpiceJet's stock fell over 5% after reporting a Q1FY26 net loss of ₹234 crore, compared to a profit of ₹158.18 crore last year. Revenue dropped 36% due to geopolitical tensions and operational challenges. Nuvama downgraded its target price to ₹40, maintaining a 'Hold' rating.

Wall Street Today: Nasdaq hits all-time high while the other benchmark US stock market indices open flat. Airline stocks surged after Delta Air announced its better-than-expected earnings outlook for the year.