What Happened
Industry Experts Warn Against Passing High Operating Costs to Passengers
Aviation leaders in India are stressing the importance of making flying more affordable to sustain industry growth, as rising operating costs driven by the West Asia crisis and high fuel taxes threaten to dampen demand. According to Nipun Aggarwal, chief commercial officer of Air India, and Aloke Singh, chief strategy officer at IndiGo, controlling operating costs and reviewing aviation taxation are critical to unlocking the market’s full potential. This was reported by Forbes India.