New Delhi, April 8 -- India's airport tariff regulator has directed major airports to cut landing and parking charges by 25% for domestic flights for three months, offering relief to airlines hit by financial strain from the Iran war, a Reuters report said. This comes after carriers such as IndiGo and Air India requested to rationalise airport fees. These two airlines are under pressure due to a double blow from the Iran war, on top of existing restrictions that bar them from flying over Pakistan.

According to airline lobby group International Air Transport Association, airport and air navigation service charges were the third largest expense category for airlines globally after fuel and labour, hinting that that these cut might bring sl...