Airfares set to rise in coming quarters
Financial Express Mumbai|December 04, 2024
AIRFARES ARE EXPECTED to inch up in the coming quarters following a rise in fuel prices and lease rentals becoming more expensive due to the depreciating rupee, ratings agency ICRA said on Tuesday.
SWARAJ BAGGONKAR

"Even though we have seen a year-on-year decline in prices in the current year, ATF (aviation turbine fuel) prices remain at elevated levels compared to pre-Covid levels," Kinjal Shah, senior vice president ICRA said.

This story is from the December 04, 2024 edition of Financial Express Mumbai.

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This story is from the December 04, 2024 edition of Financial Express Mumbai.

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