Air India crisis deepens ahead of final Ahmedabad crash report

Another major issue has been the depreciation in the rupee. The Indian currency is down over 10% against the US dollar, which has been a “major challenge for the turnaround”, given that a large portion of costs of Indian airlines, including for fuel, are linked to the greenback, according to aviation analyst Mahantesh Sabarad.

This post was originally published on this site

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Scroll to Top