Reuters
• Julie Zhu
India’s international traffic rose 8% month over month in August, but domestic demand fell 11% as fuel costs climbed. Southeast Asia’s budget carriers, including AirAsia, Cebu Pacific and Scoot, are also facing margin pressure and weaker household demand despite hopes for a second-half recovery.
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High activity
India’s international traffic rose 8% month over month in August, but domestic demand fell 11% as fuel costs climbed. Southeast Asia’s budget carriers, including AirAsia, Cebu Pacific and Scoot, are also facing margin pressure and weaker household demand despite hopes for a second-half recovery.
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