India´s airlines are struggling because they´re chasing passengers, not profits
(WorldNews India)

India´s aviation sector has faced the same issues for years but failed to find a solution. Over the last one month, two of the country´s largest airlines have faced mounting pressure from a depreciating rupee and the resultant surge in fuel prices. India´s biggest airline by market share, IndiGo, saw net profit year-on-year to Rs278 crore ($4 million) in the April-June quarter of the financial year 2019. The company´s fuel expenses alone rose 54% year-on-year. Jet Airways, on the other hand, is struggling to keep flying. The company reportedly plans to lay off employees. On Aug 09, it indefinitely deferred the announcement of its financial results, which has led to...