The Centre is closely tracking the movement of aviation-turbine-fuel prices and is in talks with airlines to determine whether the recent fall in aviation fuel costs is sustainable over the long term.
Harshal Dasani, Business Head at INVAsset PMS argued that while the peak price view may have some merit, the stock is no longer being rewarded simply for growth.
With 1,250 applications, Pakistan had a significant demand. But, only 102 applications were granted visas reportedly, representing an acceptance percentage of less than 9%.
