The impact of the US-Israel-Iran war is beginning to be seen on the country’s second largest airline Air India. Due to the huge rise in jet fuel prices, Air India has decided to cut its flights. According to the information, the airline is going to reduce its international flights from May to July. The reason for reducing flying is also due to restrictions on airspace of many countries.
Following the ongoing tension over the war in West Asia, many countries have imposed restrictions on airspace. Due to this, Air India has to take longer routes for many international flights, due to which fuel consumption increases.
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Loss estimated at Rs 22,000 crore
According to The Economic Times report, Air India will reduce the number of its flights to Europe, North America, Australia and Singapore in June next month. Company sources have said that Air India Group is expected to suffer a loss of more than Rs 22,000 crore in the financial year ending March 31, 2026.
CEO gave message to employees
Regarding this matter, the company’s CEO Campbell Wilson has said in a mail sent to the employees of Air India that many of the international flights of the airline have not been a profitable deal. By continuing this blowing, the company’s losses will increase further.
Wilson told his staff, ‘We have reduced some flights for April and May. Due to the huge increase in jet fuel prices, closure of airspace and long flight routes, running many of our international flights has become unprofitable.
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What will be the impact on domestic flights?
He further said that the situation remains very difficult, due to which the airline is having to take more stringent measures. “The aerospace and jet fuel price situation remains very difficult, leaving us with no option but to further reduce the schedule for June and July,” he said.
Wilson further said that although domestic operations have also been affected, the impact is comparatively less. He said, ‘Due to the government limiting the increase in domestic fuel prices to 25%, the profits of domestic flights have also been significantly affected, but to a lesser extent.’
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