Speaking in the Lok Sabha, Scindia said that despite the impact of the pandemic and surging fuel prices, airfares have not increased in the same proportion.
The Union minister was responding to a series of questions by BSP MP Sangeet Azad and IUML MP Mohammed Basheer on the financial viability of airlines and surge in domestic airfares when he made the statements.
"Covid-19 has completely destroyed the financial viability of airlines, still our airlines have operated on a very sustainable basis," he told the Lower House.
"In the last three years, airlines have made losses (ranging) from ₹55,000 crore to ₹1,30,000 crore on an annual basis. Air turbine fuel (ATF) is close to 40% of operating cost of airlines. ATF prices have gone up three times, airfares have gone up nowhere in rationale," he added.
Diese Geschichte stammt aus der December 08, 2023-Ausgabe von Hindustan Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 08, 2023-Ausgabe von Hindustan Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Deluge of deals to lift i-bank bonuses to record in 2024
India's dealmakers may win record bonuses for 2024, after fetching the decade's highest fee income driven by share sales, mergers and debt funding rounds.
A stall is born
\"Chai/Coffee. Garma-garam poori. Aloo ki subzi. Garam-garam parathe.\" It is all handwritten in black.
SCHOOL DEATH: AUTOPSY REPORT RELEASED, CAUSE STILL UNKNOWN
A week after a 12-year-old boy died after a scuffle with his classmate inside their class in Chinmaya Vidyalaya in Vasant Vihar, police said the preliminary autopsy report has been released but it did not specify the cause of death.
Man killed in E Delhi over suspected affair, accused absconding
A man allegedly stabbed to death a former neighbour in New Ashok Nagar, east Delhi, on Monday night over suspicions of the victim having an extramarital affair with his wife, police said.
‘India can play a key role in rebuilding America... Delhi must take Trump’s win as an opportunity’
Mukesh Aghi is the president and CEO of the US-India Strategic Partnership Forum (USISPF).
Result could hinge on which Ding turns up
When Ding Liren blundered, resigned and walked away from the board after Game II, he seemed a broken man.
TV pundit Pujara too plays with straight bat
The soundtrack to the many ups, downs and overturnings of the Border Gavaskar Trophy (BGT) series is filled with incantations of #toughestrivalry and #sledgehammer, repeated airings of \"Boiling Point\", and post Siraj-Travis, multiple spewings of \"garmi\" \"garmahat\" and its multilingual variants.
Award-winning US poet passes away aged 81
Award-winning US poet Nikki Giovanni, who was at the forefront of the Black Arts Movement, died aged 81 after a long battle with cancer, local media reported on Tuesday.
'ISLAMIC STATE KILLED 54 FLEEING SYRIAN SOLDIERS'
A Syria war monitor said on Tuesday that Islamic State (IS) group jihadists in central Homs province killed 54 soldiers who were fleeing as Islamist-led rebels pressed a major offensive on government-controlled areas.
Mending Delhi's ties with Dhaka
Bangladesh needs to be responsive to India's sensitivities on the minority question
