IndiGo and Air India are about to cut operations from 1st June till next three months. Due to an increase in Aviation Turbine Fuel due to West Asian conflicts, this decision has been taken.
Air India is about to cut 15 percent of its domestic operations while IndiGo can reduce 5 to 7 percent. Air India has already cut down its international operations. Aviation Turbine Fuel accounts for 40% of operational expenses. Prices have increased due to the global crude oil supply disruption and blockade at the Hormuz Strait.
Change In Flight Operations of Air India
Air India officials said that they operate 3,800 flights every week and the Aviation Turbine Fuel cost for domestic flights is around Rs 80,000 per kilolitre. This has increased to Rs 1 lakh depending on the city, which is not financially profitable to run the flights when the ATF cost is high.
What Are The Plans of IndiGo Airline?
IndiGo is about to cut 7 percent of domestic operations for the next three months and expects a fall in demand. This means a significant number of flight cancellations due to this move by IndiGo Airlines.
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