Wednesday, July 08, 2015

Jet, Air India to gain more from lower crude prices: CAPA

Speaking about the benefits of fall in crude prices trickling into ATF prices and in turn benefiting airlines, Kapil Kaul of CAPA said it would definitely benefit the airlines since it is a single cost that has a bearing on their financials. However, the benefits may not be as expected to because the transparency of ATF pricing in India is not very clear and all the benefits may not be passed on. However, international airlines and those that have international operations are sure to gain from the fall in ATF prices, said Kaul in an interview to CNBC-TV18. According to him  Jet Airways  and Air India would stand to benefit more than other domestic operators.
07/07/15 CNBC-TV18/moneycontrol
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