Parliamentary panel raises concerns over high airfares; IndiGo, Air India flag rising fuel costs, Pakistan

A parliamentary panel raised concerns over high airfares during discussions with IndiGo and Air India officials. Rising Aviation Turbine Fuel prices and the closure of Pakistan airspace were cited as major factors. IndiGo reported significant losses in the September quarter due to these issues, alongside challenges faced by Air India. The meeting also reviewed aircraft security and global aviation practices in India.