Airlines News

BloombergHaslinda Amin, Mihir Mishra

SpiceJet chairman: crude at $90/bbl is 'unsustainable' for Indian carriers

SpiceJet's chairman warned that crude oil prices — "even at $90 a barrel" — are unsustainable, saying Indian airlines may need to rethink expansion plans as elevated fuel costs erode margins. The comment highlights mounting cost pressure on carriers amid recent jet‑fuel spikes and geopolitical disruption.

2026-03-17T20:12:29.124157-07:00

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