Business Standard
Loss-making Air India will reduce its international flights till July, as the airspace curbs and surge in jet fuel prices have made many routes unprofitable, its CEO and Managing Director Campbell Wilson said on Friday. "We have reduced some flying for April and May...massive rise in jet fuel prices which, together with airspace closures and longer flying routes, have caused many of our international flights to become unprofitable to operate," he told the staff in a message. Airspace restrictions in the wake of the West Asia conflict have forced the airline to take longer routes for many international destinations, resulting in increased fuel burn. Wilson, who has announced plans to step down later this year, said the airspace and jet fuel price situation remains extremely challenging. The situation leaves the airline with no choice "but to further trim schedules for June and July", he added. "We very much regret the disruption to our customers' plans and our crew's rosters, and h
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