Airlines lose Rs 25-30cr to fog

The New Year began on a foggy note for the Indian aviation sector. The fog that started on Saturday engulfed many airports like Delhi, Jaipur, and Lucknow and set back the aviation industry by a whopping Rs 25-30 crore.
According to data from various airlines, nearly 100 flights were delayed across the country. About 30 flights were cancelled between January 2 and January 4. Another 20 flights had to be rescheduled.
Experts say airlines lost close to Rs 30 crore in operational costs alone and this is just the provisional estimate. Additional losses have occurred on account of excess fuel consumption due to diversion and flights hovering over airports, holding aircrafts over and the deployment of extra air staff reserves.
05/01/10 Mehak Kasbekar and Isha Dalal/CNBC-TV18/Moneycontrol.com

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Categories: Airports Jan 2010, Indian Aviation- In General Jan 2010