New Delhi, Dec. 11 -- Billionaire Harsh Goenka has sided with the aviation sector in a new social media post, arguing that Indian aviation has suffered the brunt of inflation over the last 45 years.
The RPG Group Chairperson's comments come amid a brief period of skyrocketing air fares following the IndiGo flight cancellations that caused massive disruptions across the country.
"Before we judge Indian aviation, a reminder: in 45 years, ATF prices are up 20x, aircraft costs 20x, pilot salaries 50x-yet airfares, adjusted for inflation, have fallen," Goenka said in a post on X on Tuesday evening.
He compared air fares to those of taxis.
"We'll pay Rs.5,000 for a 100 km taxi ride but feel unhappy paying the same for 2,500 km by air," the ...
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