Tue, Oct 30, 2018
Despite being one of the fastest growing domestic aviation markets in the world, local carriers have been facing tough business conditions, especially with surging oil prices and depreciation of the rupee. As players look to woo more passengers with cheap fares, airlines have not been fully able to increase ticket prices.
More >
Mon, Oct 01, 2018
Indian Oil hikes ATF prices in metro cities like New Delhi, Mumbai, Kolkata and Chennai, Jet Airways, SpiceJet, Indigo passengers to feel ticket price whiplash.
Mon, Mar 13, 2017
"Airlines are maintaining healthy load factors backed by low fares. But since oil prices are on an uptrend, impact on profitability in Q4 is inevitable as average ATF price during the quarter are 37.9% higher YoY, while the yields continue to remain under pressure," says an Icra report.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
