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Aviation

Why India's airlines are bleeding despite record surge in traffic

Updated : August 30, 2018 02:13 PM IST

The airline industry is in doldrums despite passenger growth being in double digits for more than 50 months in a row.
Airlines have adopted a policy of keeping fares artificially low.
Government continues to levy one of the highest rates of taxation anywhere in the world on jet fuel.
Why India's airlines are bleeding despite record surge in traffic
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