Air India, IndiGo, SpiceJet Warn of Shutdown Risk #india #airindia #indigo #aviation #news #shorts

Air India, IndiGo, and SpiceJet have told the government that the airline industry is under extreme stress and is on the verge of “stopping operations,” as they seek a revision in ATF pricing and financial support.

Rising West Asia tensions have pushed up oil prices, while airspace restrictions have increased operating costs, especially on long-haul routes. Aviation Turbine Fuel (ATF) accounts for around 40% of airline operating expenses.

The Federation of Indian Airlines (FIA) has written to the civil aviation ministry seeking a uniform fuel pricing mechanism for domestic and international operations, similar to the earlier crack band system. The airlines have also requested urgent financial support to manage the current situation.

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#india #airindia #indigo #spicejet #aviation #fuelprices #airlines #economy #breakingnews #travel #energycrisis #shorts

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