https://www.business-standard.com/ar...0300178_1.html
Seems they are running out of money to sustain operations. Effect will be on all not only expats. Overall Indian aviation while growing double digit has swung into the red in the last 6 months including the only 2 who were profitable. Problem is not only the fuel but it seems the highly competitive market has kept ticket prices low & most people buying their tickets 14 days out.