Rising ATF prices, weakening rupee pulling down aviation sector: IATA

Indian airlines are facing very tough competition and the cost environment too is not in their favour, International Air Transport Association (IATA) chief Alexandre de Juniac has said, amid more than 25-year-old Jet Airways shuttering operations.

India was one of the fastest growing domestic aviation markets in the world but growth turned negative in April mainly on account of Jet Airways crisis.

To a query on what could have gone wrong for Jet Airways, de Juniac said, in India full service airlines are facing some difficulties while low cost carriers are doing a little better.

Currently, India has two operational full service carriers Air India and Vistara. The latter expects to start international operations in the second half of 2019.