Indian Airlines Warn of Shutdown Risk, Seek Relief on Fuel Prices

Indian airlines warn of shutdown risk amid soaring ATF costs, seek urgent govt relief

Mumbai: Air India, IndiGo and SpiceJet have told the government that the country’s airline industry is under extreme stress and on the verge of “stopping operations”, as they sought revision in ATF pricing and financial support. The West Asia turmoil has pushed up oil prices, and airspace restrictions have increased airlines’ operating costs, especially on long-haul routes. Aviation Turbine Fuel (ATF) accounts for around 40 per cent of a carrier…

'On verge of stopping operations': Airlines warn of shutdown, seek ATF price relief from Centre

The West Asia turmoil has pushed up oil prices, and airspace restrictions have increased airlines' operating costs, especially on long-haul routes.

Indian airlines face fresh turbulence as ATF prices soar; warns of possible shut down in letter to Centre

According to FIA, volatility in ATF pricing has disrupted both domestic and international operations, making route planning increasingly difficult.

Indian airlines warn of shutdown risk, seek relief on fuel prices

Oil marketing companies had on April 1 announced to increase jet fuel prices as the global economy reeled from the West Asia conflict.

Air India, IndiGo, SpiceJet warn of ‘stopping operations’ amid fuel cost surge, seek govt relief

The concerns come amid rising global oil prices triggered by tensions in West Asia and airspace restrictions that have driven up operating costs

Why Indian airlines may stop flying: Air India, IndiGo send SOS to government

Indian airlines are facing the brunt of the West Asia war in twin forms: higher oil prices, and airspace restrictions forcing them to take longer routes.