However, crude oil's fall to one-year low in the global market on excess supply concerns, capped the fall in the indices. The 30-share, after rising briefly to 35,494.25 at the outset, quickly slipped into the negative terrain in line with a weak trend at other Asian markets and touched a low of 35,112.49.

The Indian market too welcomed the fall in international oil prices and opened marginally higher higher but quickly slipped into the red in line with its international counterparts.

This is the first airport in the country to introduce the automated baggage drop-off facility for check-in.

All these carriers have been majorly hit by two cost components - aviation turbine fuel (ATF) costs and currency fluctuations.

Oil prices posted the deepest plunge in more than three years in the international market. Brent crude, used to price international oils, dropped to $65.17 a barrel. Oil has now fallen roughly 30 percent for 12 straight days, driven by worries over rising oil production around the world and weakening demand from developing countries, with expectations for increased supply from the US and OPEC.

Brent crude prices were trading at $68.15 per barrel, down 2.08% from their previous close. Benchmark US crude fell 78 cents to $59.15 per barrel in electronic trading on the New York Mercantile Exchange. The contract sank 26 cents on Monday to $59.93.

Another crippling factor was the forex loss, which jumped more than six-times to Rs 416.69 crore from Rs 72.99 crore in the year-ago period.

While the SpiceJet stock fell up to 4.12%, InterGlobe Aviation declined up to 4.43%.  The Jet Airways stock too lost 6.54% on the BSE.

The two budget carriers have been grappling with P&W engine problems, which has even led to grounding of some A320 neo aircraft. Together, they have around 82 such planes in their respective fleet.

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