Air Transport Leaders Sound Alarm over India’s Future | Aviation International News

Air Transport Leaders Sound Alarm over India’s Future

IATA’s De Juniac calls financial condition of Indian airlines unsustainable

By Neelam Mathews

September 5, 2018

As Indian airlines’ operational costs rise and fares fall following an increase in fuel prices by 50 percent over the past year, industry leaders such as International Air Transport Association director general Alexandre de Juniac continue to express serious concern about their financial health. In Delhi on September 4 to attend the International Aviation Summit, co-hosted by the Ministry of Civil Aviation, IATA, and Airports Authority of India, de Juniac called the current trajectory of Indian carriers “unsustainable.”

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