India’s struggling airlines have just received another crude blow
Battered by a constantly depreciating rupee and rising costs, the last thing India’s airline companies needed right now was a hike in aviation turbine fuel (ATF) price. But that’s exactly what the country’s state-run oil marketing companies (OMCs) have gifted the beleaguered passenger carriers. Today (Oct. 01), the OMCs increased ATF prices by 7.25%. “(ATF) domestic prices in pan-India […]
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