IndiGo hikes domestic fares, others may follow
IndiGo hikes domestic fares, others may follow
Since jet fuel accounts for almost 40% of an airline’s operating cost, this hike has led to a sharp increase in costs. In addition, the weakening of the rupee has meant airlines’ costs fixed in dollar terms like aircraft lease rentals have also gone up.
from Times of India https://ift.tt/2GXmRpv
via Blogger https://ift.tt/2snnwv0
May 29, 2018 at 09:16PM
Since jet fuel accounts for almost 40% of an airline’s operating cost, this hike has led to a sharp increase in costs. In addition, the weakening of the rupee has meant airlines’ costs fixed in dollar terms like aircraft lease rentals have also gone up.
from Times of India https://ift.tt/2GXmRpv
via Blogger https://ift.tt/2snnwv0
May 29, 2018 at 09:16PM
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