Aviation Airfares on India’s busiest airline routes have dropped to new lows, beating even UDAN rates Updated : November 05, 2019 03:46 PM IST The industry was already in an overcapacity mode and was cited as one of the reasons for the failure of Jet Airways. Any negative movement with oil prices or depreciation of rupee will further give a blow to airline profitability. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.