Air India CEO warns of travel demand hit as fuel costs surge, flags possible flight cuts
The Hindu
Air India CEO warns of potential flight cuts and reduced travel demand due to rising fuel costs amid ongoing Gulf conflict.
Air India CEO Campbell Wilson warned airline employees of a possible travel demand squeeze due to the rising cost of aviation turbine fuel and urged for “tighter-than-ever” control on all non-essential spending.
He also cautioned that, depending on how the situation evolves, the airline may have to trim capacity
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In his first remarks on the impact of the ongoing West Asia conflict, in an internal memo on March 20 reviewed by The Hindu, Mr. Wilson noted that Indian carriers have introduced fuel surcharges, which start at around ₹400 for domestic travel and are higher for international routes, to offset escalating fuel costs. However, he cautioned that fare increases have a limit.
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