Logistics Sector Growth: High inflation, rising interest rates, and an uncertain global demand scenario impacted domestic demand partly. Owing to their strong linkage to economic activity they acted as headwinds. The operator’s ability to complete the pass-through of operating costs was also affected amid stiff competition, according to industry experts.
Despite high ticket prices, there is no decrease in demand during the peak summer travel season. One way to ease the pain is to book at least a week in advance, travel companies suggest
A senior Air India executive said the price of monthly aircraft leasing contracts has recently risen nearly 1.5-2% compared to 2022, which led to higher borrowing when taking delivery of aircraft for domestic airlines