Airline scrips fly on policy draft

Stocks of Jet Airways and Spicejet surged up to 7 per cent today after the government unveiled draft civil aviation policy which proposes to enhance regional air connectivity, rationalise jet fuel cost, among others. Shares of Jet Airways advanced by 6.82 per cent to settle at Rs 268.60, while Spicejet surged 5.02 per cent to end at Rs 15.68 on the BSE.