5 biggest US airlines lost over â¹64,000cr in value in August
A Standard & Poor's index of the five biggest US airlines plunged about 7.5% in August, wiping out about $10 billion (over â¹64,000 crore) in value. Delta Air Lines blamed "a slow recovery in domestic" ticket prices and higher fuel costs. Notably, jet fuel prices jumped 26% after Hurricane Harvey's landfall.