Air Freight #middle east conflict#airline profits
Middle East Conflict to Cut Airline Profits 10-15% This Fiscal as ATF Costs, Rupee Pressure Bite: Report
A Crisil report warns that Indian airlines' operating profits could drop 10-15% this fiscal year, driven by elevated aviation turbine fuel prices, airspace restrictions, and rupee depreciation stemming from the Middle East conflict. ATF prices remain 50% above pre-conflict levels, and lease costs are rising. The report highlights ongoing pressure despite a government cap on domestic ATF hikes.
Jun 17, 2026 1 source