Indian airlines face a significant surge in airfares as jet fuel prices have more than doubled for April, driven by the Iran war. This drastic increase, coupled with a weakening rupee, is expected to lead to fare hikes and potential flight reductions as airlines grapple with soaring operating costs.
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Syndicated article · via timesofindia.indiatimes.com
Jet fuel prices more than double; brace for steep airfare hikes
Indian airlines face a significant surge in airfares as jet fuel prices have more than doubled for April, driven by the Iran war. This drastic increase, coupled with a weakening rupee, is expected to lead to fare hikes…