SriLanka, May 3 -- Air India is all set to cut its international flights till July because of a surge in jet fuel prices and the ongoing airspace restrictions that made several routes unprofitable, said the firm's Chief Executive Officer (CEO) and Managing Director (MD) Campbell Wilson on Friday.
In a message to the staff, Wilson said the hike in jet fuel rates and the closure of certain airspace has made the situation extremely difficult for the airlines that is already in losses. This situation has left Air India with no choice but to "further trim schedules for June and July".
According to news agency PTI, Air India incurred more than Rs 22,000 crore losses in financial year (FY) 2025-26.
"We have reduced some flying for April and May...