Shares of listed aviation companies Jet Airways, Kingfisher Airlines and Spicejet surge reversing early

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losses helped by Mint newspaper's report that Indian Prime Minister Manmohan Singh has called the heads of all Indian airlines for a meeting on Saturday to discuss ways to help the cash-strapped carriers and to resolve other industry issues, citing an official it didn't identify, dealers said.

At 11:23 a.m., shares of Jet Airways were up 6.19 percent, at 262.20 rupees; Kingfisher Airlines were up 5.75 percent, at 26.65 rupees and Spicejet Shares were up 6.73 percent, at 23 rupees.