India\'s Airlines Seek Emergency Credit From Oil Firms\, Airports: Report

India's Airlines Seek Emergency Credit From Oil Firms, Airports: Report

In India, the world's fastest growth in air travel has created a capacity glut that's keeping fares below cost, while fuel prices and a weaker rupee squeeze them further

All India | (c) 2018 Bloomberg | | Updated: November 21, 2018 14:26 IST
India's Airlines Seek Emergency Credit From Oil Firms, Airports: Report

Losses at Indian carriers will balloon to as much as $1.9 billion in the year ending March 2019

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