Air India is cutting nearly 100 flights as soaring jet fuel costs take a toll on the struggling flag carrier, deepening the fallout on the aviation sector of the US-Israeli war on Iran.
CEO Campbell Wilson said the airline had already reduced overseas operations for May as increasing fuel costs and airspace restrictions in India’s neighbourhood were making its overseas routes way too expensive to operate. Given the situation appeared unlikely to improve, especially as the closure of the Strait of Hormuz continued to disrupt fuel supplies, the airline was making additional cuts for June and July.
