Airlines Issue SOS: Aviation Industry Facing Operational Collapse
The Middle East crisis has rung alarm bells in India's aviation sector with many airlines raising concerns that they are on the verge of "stopping operations" due to high fuel prices. At least three airlines including the Tata-owned Air India have asked the government to revise the price of aviation turbine fuel (ATF), which adds to about 40 per cent to an airline's operating cost.
