expecting to ring in the holiday
season with festive flourish may
instead have to deal with a rude
shock, courtesy the weather.
Dense fog has gripped North and East India and heavy snowfall has crippled
international air travel, thus, throwing
airline schedules off gear. Airlines are
expected to lose Rs. 20-50 crore due
to this.
"With weather playing havoc, you have to suffer losses due to delay, re-
routing getting to an airport where
you don' t have facilities...all this account for losses and Rs. 20-50 crore
is an average which airlines lose
during the fog period," said Ankur
Bhatia, executive director of Bird
Group. Long haul international
operations too are not faring well. Reeling under intense snow in Europe
and US, Indian carriers had to cancel
flights as operations are being
brought to a standstill. Airlines are
providing refunds for the ticket for
flights which were cancelled.
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