Airline industry warns of shutdown risk due to fuel costs
after close1 source ↓written by the desknot a recommendation
- now account
- 60% of operating expenses
- increase in aviation
- ₹73 per litre
- rise for domestic
- ₹15 per litre
India’s airline industry is facing a potential breakdown as jet fuel costs now account for 60% of operating expenses. The Federation of Indian Airlines has alerted the government, citing a ₹73 per litre increase in aviation turbine fuel prices for international flights, compared to a ₹15 per litre rise for domestic operations. This disparity threatens the viability of both segments, pushing carriers towards possible shutdowns.
Not investment advice. For informational purposes only.