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Read More »Jet Airways leads Indian airline losses as Modi slaps duty on fuel
Bloomberg India’s struggling airlines are finding out there’s no end to their woes. Jet fuel, for which they already pay the world’s highest prices, just got dearer as Prime Minister Narendra Modi slapped a duty on imports as part of measures to arrest a slide in the rupee. Shares of Jet Airways India Ltd., SpiceJet Ltd. and InterGlobe Aviation Ltd. ...
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