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High oil prices impacting Indian aviation market along with Asia-Pacific: Willie Walsh

Willie Walsh
high-oil-prices-impacting-indian-aviation-market-along-with-asia-pacific-willie-walsh

India’s aviation sector is facing pressure from rising oil prices, similar to other Asia-Pacific markets, said Willie Walsh, Director General, IATA. He noted that jet fuel prices are expected to be 70% higher year-on-year, adding US$ 100 bn to the global airline industry’s fuel bill and increasing operating costs.

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