Iran war deals double blow to Indian airlines already hit by Pakistan airspace ban - Reuters
Iran war deals double blow to Indian airlines already hit by Pakistan airspace ban Reuters
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Notable Quotes
"Prolonged and widening conflict could adversely impact global crude oil supplies and lead to a further increase in prices."
— Kinjal Shah , Executive
"ATF is likely to remain volatile to upward biased till the conflict keeps crude and jet fuel markets tight."
— Gagan Dixit , Executive
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<a href="https://news.google.com/rss/articles/CBMixgFBVV95cUxOQUdiZkxod3o1VVh2Z21nZDNuTUk1NFJicGx3T0ZWWEwyUHRZb3AzN2FDNGdxaDVpVVZYbmFrdFdXaXFGOE5hZVBGZXRpdElnQ21YZ0ZZV2gwVnRwRzJOMy1udktmN1JvbUd6M1dORzdQb1BDZzRIcnBucmxBOUR4Uk5DNDJwS2IzWkJtOFJSMHRhdDZrV2l6YWo1NG1zaTg1RHNuclBoZVozUUFoZWhKRFBSRWFMeEVOc1B4Vmo4R3V2RXg4MXc?oc=5" target="_blank">Iran war deals double blow to Indian airlines already hit by Pakistan airspace ban</a> <font color="#6f6f6f">Reuters</font>
Indian airlines face significant disruptions due to Middle East airspace restrictions and Pakistan's airspace ban, leading to increased flight times and costs.
Air India and IndiGo did not operate 64% of their 1,230 scheduled flights to the Middle East, Europe, and North America in the last 10 days, according to Cirium data.
Prolonged conflict in West Asia could adversely impact global crude oil supplies, leading to increased aviation turbine fuel prices and higher operational costs for Indian airlines.
Spot fares on US-India routes spiked as high as 150% following Middle East airspace closures, with Chicago-Mumbai tickets reaching up to $33,600.
Passengers seeking to return to India from the Gulf are paying between Rs 50 lakh and Rs 70 lakh for private charter flights due to airspace closures and soaring insurance premiums.
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