Airlines On Budget Drive As Rising Fuel Price, Falling Rupee Start To Pinch


It is going to get hard to differentiate between a full-service carrier and a budget airline as the aviation industry goes on an economy drive. Threatened by rising fuel price and a falling rupee, airline companies are planning drastic measures ranging from freezing increments to cutting down on flights and in-flight luxuries to save and earn that extra penny.

State-owned Air India, reeling from a Rs 500-billion debt after a failed privatisation attempt, is at the forefront of cutting out the frills. Overtime pay, staff conveyance, travel expenses, and building … Read More

 

You may also read!

These #KargilHeroes Are Indian Army’s Only 2 Serving Param Vir Chakra Awardees!

When a soldier decides to go beyond the call of duty on the battlefield, it is but a split

Read More...

Terrorists Attack Security Personnel In Anantnag

Terrorists opened fire on a security personnel at Bumzoo village in Anantnag district's Mattan town here on Saturday. Following the

Read More...

Mazagon Dock Starts Production Of 4th Visakhapatnam Class Destroyer

Commodore Rakesh Anand, Chairman & Managing Director, Mazagon Dock Shipbuilders Limited, inaugurated the Commencement of Production activity of Y-12707,

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu