US‑Israel war with Iran: Crude spikes, rupee crashes, airspace shuts — Indian airlines stare at ₹180 bn losses
Ongoing conflict in West Asia has plunged India's aviation sector into crisis, leading to over 1,100 flight cancellations and rising operational costs. The closure of crucial airspaces and a depreciating rupee are pressuring airlines, with estimated losses reaching ₹170–180 billion.
Ongoing conflict in West Asia has plunged India's aviation sector into crisis, leading to over 1,100 flight cancellations and rising operational costs. The closure of crucial airspaces and a depreciating rupee are pressuring airlines, with estimated losses reaching ₹170–180 billion.
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