Despite the recovery, the movement of yields stays a monitorable amidst elevated ATF prices and depreciation of the INR vis-à-vis the USD. Fuel accounts for ~30-40 per cent of the airlines’ bills, while ~35-50 per cent of the airlines’ working expenses are denominated in USD terms. India’s home aviation market displayed regular development, with a 2 per cent increase in RPK and a thirteen.three proportion point rise in PLF, reaching eighty three.three per cent for home flights.
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