NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Government Criticized Over Air India's International Flight Cuts

The Congress party has accused the Centre of gross mismanagement and neglecting the country's economic interests following reports that Air India will cut international flights until July due to a surge in jet fuel prices. The opposition party alleged that the government is not concerned about the long-term impact on the nation.

Air India had previously cut flight schedules and warned of further reductions in the coming months due to the massive rise in jet fuel prices, along with airspace restrictions and longer flying routes, making several international operations unviable. The airline had reduced some flying for April and May due to the sharp spike in fuel costs, with many international flights becoming unprofitable to operate.

According to sources, Air India's CEO Campbell Wilson indicated that the situation remains extremely challenging, forcing the airline to take additional steps. Air India has taken pricing measures to offset rising costs, including increasing airfares and imposing fuel surcharges. However, the airline has limited headroom to raise fares further, as higher airfares impact customer demand.

Read also: Expert Portfolio Manager Raja Venkatraman Names Top Investment Picks for June 4

QuarterDomestic Flight ProfitabilityInternational Flight Profitability
April-May 2026Significantly affected, but to a lower degreeBecame unprofitable to operate
June-July 2026Further trim schedules

The Congress party has expressed concern over the government's handling of the situation, accusing it of prioritizing short-term gains over long-term economic prospects. The party alleged that the government is not concerned about the impact of Air India's international flight cuts on the nation's future prospects.

Investor Takeaway

Investors should be cautious of the potential impact of rising jet fuel prices on airline operations.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
[email protected].

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.