The Indian airlines is probably looking at probably other losses or declining profits in the session of January and March. This is being predicted that there is going to be a sharp crude oil prices, and there will be inability to pass on high costs and they are going to erode in a traditionally weaker quarter.
Fuel Costs above a single barrel is a red signal for all the airlines. They are going to find it difficult to post the profit, level as right now they won’t be able to pass on the entire impact towards the consumer as per their demand as announced by the Rashesh Shah, analyst at ICICI Securities.
In order to balance the market situation and to neutralize the losses and offsets which are being implemented by the airlines, The airlines immediately increased the fair and costs of the airline tickets and charges. This is a very important decision to be made because it is going to make the economic support of the airlines very strong.
Jet fuel prices in Singapore have risen to near as of Thursday reports said upto a great height. Oil prices have risen sharply on fears in the crisis of Libya could cut output, and similarly the same could be applicable to all others airlines which are running on the route.
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