PPRuNe Forums - View Single Post - Article-Big Big Losses for Airlines in India
Old 21st Sep 2008, 23:04
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getsetgo
 
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$- Rs

Falling Re delivers a new crude blow to airlines- Airlines / Aviation-Transportation-News By Industry-News-The Economic Times

This was not anticipated by airlines 5 years back
companies projections were based on 40rs to $(now 45+)
FUEL 40$ (now 100$)
And falling passenger loads.(load factors were projected 25% increase every year.)
this caused cancellations/delays on a/c diliveries.
trimmed networks.
consolidations,also trimmed number of a/c and jobs. so on......

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getsetgo

Join Date: Jun 2007
Location: EARTH
Posts: 176


currency
indian ruppee touching 44 to 1 $
another aspect to look at.
when aviation companies started it was arround 40 to 1$ and fuel 35-50$
big calculations will be ahead
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Last edited by getsetgo; 21st Sep 2008 at 23:08. Reason: copy / paste last post
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