Airfares set to climb 5-10% (Business Standard India) After a spate of fare cuts, full-service carriers Jet Airways and Kingfisher as well as low-cost carrier SpiceJet have decided to increase fuel surcharge by as much as Rs 300 for long-haul flights and Rs 200 on short routes.
Sat, 18 Apr 2009 18:43:18 GMT (AFX UK Focus) 2009-04-20 09:20 Hong Kong shares rise 1 pct; airlines soar (Interactive Investor) HONG KONG, April 20 (Reuters) - Hong Kong shares climbed 1 percent on Monday as Chinese stocks led the charge on expectations of improved corporate earnings in 2009 while airline stocks took wing on hopes of a turnaround and talk of increased airfares. The benchmark Hang Seng Index closed up 149.64 points at 15,750.91. The China Enterprises Index of top mainland firms was 2 percent higher at …
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