BusinessPhoto: Firstpost BusinessAir India and IndiGo Cut Flights as European Airlines Profit
Indian airlines face a tough winter due to a 7% rupee decline against the dollar, soaring oil prices, and airspace closures causing longer routes. IndiGo is returning leased Dreamliners, and Air India is cancelling flights to Vienna, Copenhagen, and reducing services to Birmingham, London Gatwick, and San Francisco. Meanwhile, European carriers like Lufthansa and Air France-KLM report strong profits, citing India as a key growth market.
Firstpost Business·



