{"id":48449,"date":"2026-04-08T08:46:53","date_gmt":"2026-04-08T08:46:53","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/04\/08\/indigo-shares-jumped-11-due-to-us-iran-ceasefire-to-ease-the-troubles-of-indias-aviation-sector\/"},"modified":"2026-04-08T08:47:15","modified_gmt":"2026-04-08T08:47:15","slug":"indigo-shares-jumped-11-due-to-us-iran-ceasefire-to-ease-the-troubles-of-indias-aviation-sector","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/04\/08\/indigo-shares-jumped-11-due-to-us-iran-ceasefire-to-ease-the-troubles-of-indias-aviation-sector\/","title":{"rendered":"IndiGo shares jumped 11% due to US-Iran ceasefire to ease the troubles of India&#8217;s aviation sector."},"content":{"rendered":"<p>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107259340\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>An InterGlobe Aviation Ltd, IndiGo aircraft landing in Mumbai, India on June 20, 2023.<\/p>\n<p>Indranil Aditya Nurfoto | getty images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Shares of IndiGo, India&#8217;s biggest airline, rose more than 11% before paring some gains on concerns that the US-Iran ceasefire announced on Wednesday could ease tensions on India&#8217;s aviation sector.<\/p>\n<p>In a temporary reprieve, the US and Iran agreed to a ceasefire earlier in the day, with Tehran saying the safe passage of ships is &#8220;possible&#8221; for the next two weeks by coordination with the country&#8217;s armed forces.<\/p>\n<p>The Middle East conflict affected the Arabian Peninsula and Iran \u2013 a major route for westbound flights from India \u2013 forcing IndiGo and Air India to operate longer, more expensive routes. <\/p>\n<p>Tata Group-owned Air India, whose chief executive and managing director is Campbell Wilson <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.airindia.com\/in\/en\/newsroom\/press-release\/Announcement.html\">resigned on tuesday<\/a>has increased fuel surcharges on domestic and international flights in response to a steep rise in jet fuel prices. <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-4\">Singapore Airlines<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>The company, which holds more than 25% stake in the Indian carrier, saw shares rise by nearly 3%.<\/p>\n<p>In a statement, the airline quoted <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.airindia.com\/in\/en\/newsroom\/press-release\/Air-India-group-announces-revisions-to-fuel-surcharge-amid-sharp-rise-in-global-jet-fuel-prices.html\">100% month-on-month jump<\/a> The main reason behind this decision is the cost of jet fuel.<\/p>\n<p>&#8220;The Indian civil aviation sector is currently <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=jaj8pt2uR_w&amp;t=1783s\">Navigating a Critical Operation<\/a> and financial situation, arising out of the conflict in West Asia,\u201d Asangba Chuba Ao, joint secretary of the Civil Aviation Ministry, said at a press conference on Tuesday. <\/p>\n<p>He said Indian carriers&#8217; services in the Gulf region have been badly affected, with more than 10,000 flights canceled in just one month.<\/p>\n<p>He said Indian airlines normally operate 350 flights daily to Middle East countries, but this number has come down to 80-90 flights daily.<\/p>\n<p>According to data from the country&#8217;s aviation regulator, IndiGo has about 65% share in India&#8217;s aviation market, while Air India is in second place with about 27%.<\/p>\n<p>On March 18, Moody&#8217;s-backed Indian rating agency ICRA placed IndiGo&#8217;s long-term credit rating &#8220;on watch with negative implications&#8221;.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/4e96fa45-0214-4fd4-8f16-2ac0f4eb6cb3.pdf\">Expected pressure on the airline&#8217;s operational and financial performance<\/a> &#8220;Arose from increasing geopolitical conflict in West Asia.&#8221;<\/p>\n<p>IndiGo shares were last trading more than 8% higher. <\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\">Choose CNBC as your favorite source on Google and never miss a moment of the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An InterGlobe Aviation Ltd, IndiGo aircraft landing in Mumbai, India on June 20, 2023. Indranil Aditya Nurfoto | getty images Shares of IndiGo, India&#8217;s biggest airline, rose more than 11% before paring some gains on concerns that the US-Iran ceasefire announced on Wednesday could ease tensions on India&#8217;s aviation sector. In a temporary reprieve, the<\/p>\n","protected":false},"author":1,"featured_media":48450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[7577,4380,1051,8268,3939,13842,7039,5890,1475,6040,6417],"class_list":["post-48449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bible-news","tag-aviation","tag-ceasefire","tag-due","tag-ease","tag-indias","tag-indigo","tag-jumped","tag-sector","tag-shares","tag-troubles","tag-usiran"],"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/48449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=48449"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/48449\/revisions"}],"predecessor-version":[{"id":48451,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/48449\/revisions\/48451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/48450"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=48449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=48449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=48449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}