Iran-US war jitters hit airlines: SpiceJet tumbles 10%, IndiGo down 6% as ATF price hike looms from April 1

Airline stocks fell sharply Monday. Experts predict a significant rise in jet fuel prices from April 1. This follows recent declines due to Middle East conflict concerns. International fuel prices have nearly tripled. Indian fuel prices may increase substantially. Discussions are underway to manage costs. Airlines are introducing fuel charges to offset expenses. This situation impacts operations and passenger fares.