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Air India to Cut More Than a Quarter of International Flights
Fuel shortages linked to the Iran war are forcing Air India to reduce more than 25 percent of its international flights this summer. The reductions follow a crash last year and the departure of the company's CEO last month. Rival carriers are adding flights while airfares are expected to rise across the industry.
May 14, 6:49 PM·1m read1 source
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Fuel shortages stemming from the Iran war are forcing India's second-largest airline to cut more than a quarter of its international flights for the summer. The reductions deepen challenges for the carrier after a crash last year and the departure of its CEO last month.
The company is proceeding with the cuts as part of adjustments to its summer schedule. Every airline is facing pressure from the war, with increases in airfares expected this summer, according to the former British Airways CEO.
The flight reductions create opportunities for the company's international rivals. Lufthansa and Cathay Pacific are among those adding trips in the fast-growing aviation market. An industry consultant described the situation as affecting multiple parts of the airline's operations.
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