According to the latest news of aviation department of India, Indian Airlines has recently claimed a great loss in the amount of 4,000 crore in 2007-2008, and is likely to double in the current fiscal, depending on which way are directed to fuel prices.
"Oil prices are always & # 39 are the peak, and all operators of airlines is difficult to overcome the current situation. In fact, airlines in India have reported significant losses,
All airlines together reported a loss in the amount of 4,000 rubles, and it is expected that it can achieve double the figure this fiscal depending on the fluctuations in oil prices.
State-owned oil firms raised prices of aviation turbine fuel (ATF) 31 May by 18.5 percent in pace with the rising international oil prices. ATF price in Delhi was raised to RUB 69,927.08 kilometers.
The Ministry of Aviation tell premiership & # 39; er-Minister and Minister of Finance of the difficulties encountered, and what could be the ways and means by which the government can now help in this key sector.
Airlines are trying their best to reduce the burden on passengers on price increases and pass all the benefits from the government.
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