28
Apr
New Delhi (Gurpreet Singh): India’s aviation sector is facing mounting financial stress as soaring Aviation Turbine Fuel (ATF) prices and geopolitical tensions threaten to disrupt airline operations, prompting an urgent call for government support.In a strongly-worded communication to the Ministry of Civil Aviation, the Federation of Indian Airlines (FIA), which represents major carriers including Air India, IndiGo and SpiceJet, warned that some airlines could be pushed to the brink unless immediate relief measures are introduced.The industry body said a steep rise in fuel prices, coupled with heavy taxation and rupee depreciation, has made operations increasingly difficult for carriers.According to the…
