The Centre for Asia-Pacific Aviation (CAPA) expects India’s airline industry to lose more than US$2.5-billion this fiscal year if oil prices touch US$135 a barrel, its chief executive for South Asia, Kapil Kaul, told Reuters.
The Centre for Asia-Pacific Aviation (CAPA) expects India’s airline industry to lose more than US$2.5-billion this fiscal year if oil prices touch US$135 a barrel, its chief executive for South Asia, Kapil Kaul, told Reuters.