InterGlobe Aviation Ltd.

Airline stocks regain investors' confidence as crude prices weaken

Stocks in airline sector are regaining investors' confidence as crude prices continue to decline. Aviation shares like SpiceJet, Jet Airways, and Interglobe Aviation increased 3% to 6% on Wednesday trading session .

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IndiGo's IPO demand towers over $460 million offer

The first share sale made by an Indian airline in six years has gone on to receive bids that were 6 times more than the $460 million target set by the company. The company that held an IPO was InterGlobe Aviation Ltd., an air transportation services company with headquarters in Gurgaon, India.

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