Airline

Icra: Indian airlines benefit from low oil price

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Icra: Indian airlines benefit from low oil price

Analysts Icra have determined that Indian domestic airlines will be able to reduce their losses from around Rs 8,500 crore last year to around Rs 5,500 crore due to low crude oil prices, increases in efficiency and an increase in air traffic. The report from India rating agency Icra states that oper...

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