Indian airlines face an existential crisis due to mounting losses and prohibitive operating costs, much like the country’s telecom players. But unlike the three big telecom players who are trying to avoid any possible shutdown by hiking tariffs, airlines are going deeper into red by charging fares that do not reflect cost.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OuUnt0
SpiceJet CMD Ajay Singh blames IndiGo for below-cost fares
![SpiceJet CMD Ajay Singh blames IndiGo for below-cost fares]()
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November 20, 2019
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