Domestic airlines face challenges due to USD crunch, Taka devaluation
Businesses are going through challenges due to high inflation, USD crunch and negative effect of the volatile exchange rate. This has had an impact on the domestic aviation sector too. Domestic airlines, like other businesses, continue to fight for survival by meeting their operational costs. Business insiders say that the airlines operating expenses have increased by 25 to 30 per cent due to an increase of USD price and devaluation of Taka. Earlier, the exchange rate of US dollars was Tk 80-Tk 85, but now it has been increased to Tk 110-Tk 120.As a result, airlines have to pay more than
Businesses are going through challenges due to high inflation, USD crunch and negative effect of the volatile exchange rate. This has had an impact on the domestic aviation sector too. Domestic airlines, like other businesses, continue to fight for survival by meeting their operational costs. Business insiders say that the airlines operating expenses have increased by 25 to 30 per cent due to an increase of USD price and devaluation of Taka. Earlier, the exchange rate of US dollars was Tk 80-Tk 85, but now it has been increased to Tk 110-Tk 120.As a result, airlines have to pay more than
