About this document
Impact of Budget on Indian Airlines by Shreya Rajpal is a document available to read on EtoBox.
The document discusses the effects of declining crude oil prices and key aspects of the Indian Union Budget. Regarding crude oil prices, airline stocks in India have benefited from lower fuel costs as fuel is a major operating expense. Jet Airways in particular saw higher profits and revenue in the third quarter of 2015 due to declining oil prices. The budget allocated more funds to infrastructure, especially roads and railways. It also aims to implement a unified goods and services tax and increase spendin
- Author
- Shreya Rajpal
- Language
- EN