These seven airlines have ceased operations in India over the past decade — Here's a quick look

• The Indian aviation sector has been a grim space for the airlines due to a myriad of factors, including high ATF prices, low production cost and tough competition from low-cost carriers.
• These are the Indian airline companies that have ceased operations in the past 10 years:
• Check out the latest news and updates on Business Insider.

AirAsia India has been making headlines over the past few months as the company fights for survival. The Indian arm of AirAsia has been under major financial distress, and the COVID-19 pandemic has only made it worse. According to reports, its parent company AirAsia Group Bhd. has also stopped funding the Indian arm as the global travel slump has left the parent company under duress.

A TOI report also suggests that Tata Sons is mulling to acquire the rest of the 49% stake from AirAsia India in this joint venture since the parent company is facing problems. Earlier this week, the Union Aviation Minister Hardeep Singh Puri hinted that the airline may shut operations soon if not rescued. “AirAsia’s shop is anyway shutting down, their parent company has problems,” the aviation minister said.

However, AirAsia India is not the first airline to experience the turbulence in its operations. The Indian aviation sector has been a grim space for the airlines due to a myriad of factors, including high ATF prices, low production cost and tough competition from low-cost carriers. More than half a dozen airlines have ceased their operations over the past decade.

These are the Indian airline companies that have ceased operations in the past 10 years: