Indian Airlines Seek Removal of Fare Cap as Iran Crisis Hits Operations

India’s major airlines have urged the government to lift airfare caps imposed late last year, warning that operational challenges driven by the escalating Iran crisis are threatening their financial stability and forcing costly route changes. Represented by the Federation of Indian Airlines (FIA) which includes carriers such as IndiGo, Air India and SpiceJet the industry […]

Airlines Flag Higher Ticket Prices as Soaring Fuel Costs Take Toll

Global airlines are warning passengers to expect higher ticket prices in the coming months as a sharp surge in jet fuel costs squeezes profit margins and disrupts flight operations worldwide. Industry executives say the spike in fuel prices triggered largely by escalating geopolitical tensions in the Middle East has significantly increased operating expenses, forcing carriers […]