Turbulent times for India's airlines


Jet Airways, one of India's oldest carriers, has postponed the release of its quarterly results and is seeking a fresh injection of funds.
Jet Airways, one of India's oldest carriers, has postponed the release of its quarterly results and is seeking a fresh injection of funds.PHOTO: REUTERS

Rising fuel prices, weakening rupee add to woes, but analysts still see room for growth

These are turbulent times for the world's fastest-growing domestic aviation market.

Indian private carrier Jet Airways and government carrier Air India are reeling from rising fuel prices, which have gone up by 35 per cent over the past year, and a weakening rupee.

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A version of this article appeared in the print edition of The Straits Times on August 15, 2018, with the headline 'Turbulent times for India's airlines'. Print Edition | Subscribe