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Concern as Indian airlines post record losses

Rafi

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[video]http://www.aljazeera.com/video/asia/2011/11/20111115195020230295.html[/video]

Some of India's largest airline carriers have reported record losses and are facing an uncertain future.

The world's airline industry has been seriously effected by the global economic crisis and the rising cost of oil.

Recent financial losses posted by some of India's carriers have the markets worried, the government concerned and the airlines themselves looking for help.
 
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