Tag: oil price

Finance Ministry to rework proposal for Air India sale after considering oil price

NEW DELHI: The Finance Ministry is preparing a fresh proposal for sale of Air India, incorporating issues like crude oil prices and exchange rate volatility, flagged by EY last year on possible reasons of the government failing to attract bidders for the national carrier. The ministry’s proposal, to be placed before Air India Specific Alternative […]

Oil price, infra constraints key challenges for airlines: SpiceJet CMD

NEW DELHI: Fluctuation in oil prices, yield indiscipline and airport infrastructure constraints remain three main challenges for Indian aviation market, SpiceJet Chairman and MD Ajay Singh said. Yield is the measure of average revenue paid by each passenger per mile. “The largest risk, of course, is oil…From an airlines perspective, what we can do and […]

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