Air India is slashing nearly 100 flights through July due to soaring jet fuel costs and airspace restrictions, making international routes unprofitable. This move deepens the crisis for the airline, which already faces significant losses. The situation is exacerbated by global oil price shocks impacting India’s oil marketing companies, with fuel prices surging dramatically. Air India is slashing nearly 100 flights through July due to soaring jet fuel costs and airspace restrictions, making international routes unprofitable. This move deepens the crisis for the airline, which already faces significant losses. The situation is exacerbated by global oil price shocks impacting India’s oil marketing companies, with fuel prices surging dramatically.
