Mighty_Dragon_Strike
Trusted Member
no, they will not go bankrupt, their import bill will rise and exchange rate will fall, which will make life of ordinary indians very difficult even in 6 to 12M.So overall >$1 billion annual loss when other Indian airlines are included. They will go bankrupt by end of next year.
like think of 1 meal costing 30 INR will cost 35 INR in 6M and tax (both direct and indirect) rate will rise by 5 to 10%






