Indian Aviation Growth Slows, Outlook Revised Downward

Think of the Indian aviation industry as a growing business.

In August, the number of people flying domestically barely increased.

Because of this, experts have lowered their expectations for how much the industry will grow in the next year.

Factors like international events, aircraft issues, and economic issues are contributing to the slowdown.

Fuel prices are down, but other costs, like those related to currency exchange, are still a problem.

Some airlines are doing okay, while others may struggle financially.