Predatory pricing happening in airfares: Hardeep Puri
"We need to bring equilibrium within the market. Can't say predatory pricing is the only reason of ill health of airlines, it is one of the reasons. After discussion with airlines, the trend of predatory pricing has reduced. Our advice to airlines is to charge realistic fares," Aviation Minister Hardeep Puri said.
Predatory airfare pricing going on, airlines will shut down if it continues: Aviation Minister Hardeep Singh Puri
IndiGo & SpiceJet reported ...
Foreign trips may pinch fliers as airfares surge
Flights to US, Europe this holiday season may cost three times more on Jet’s exit. The India...
Virus hits air fares, Bangkok and back for just Rs 13,000 now
The cheapest return fare on flight from Mumbai departing to Bangkok this week was Rs 12,300 and from Delhi Rs 13,400. In comparison, a Mumbai-Bagdogra was Rs 13,500 and Delhi-Bagdogra Rs 11,000. Ditto with other south-east Asian destinations. Singapore Airlines has already curtailed its flight operations scheduled in March for destinations, including Mumbai and Cochin.
Overcapacity in skies pulls down fares, hurts airlines’ bottomline
Airlines seem to be in a doom loop, with excess capacity and not enough places to fly aircraft profitably.
Airfares rise only a tad this festive season
Airlines, however, not too optimistic with the near 6% increase as bookings decline amid overall slowdown.
Airfares soar on flights out of Srinagar
Web portals of several airlines with flights from Srinagar on Saturday and Sunday showed that all virtually all seats have been sold with just a few remaining.
Airfares expected to rise 7-9% this fiscal; highest since 2013
Fares for domestic travel is expected to spike 7-9% this fiscal because of limited capacity additions, Crisil said.
Toxic air makes flying out of capital dearer
Air pollution in Delhi has taken air travel back to the times when only the rich could afford to fly, domestic airfares departing from the capital have soared to an unprecedented high. The cheapest one-way fare from Delhi to Jaipur was Rs 14,000.
GoAir announces Diwali flash sale, fares start from Rs 1,292
As per the airline, all-inclusive fares for domestic routes start from Rs 1,292 while that of international routes start from Rs 4,499.
Too early to assess impact of current oil price rise on airfares, say experts
Crude prices have jumped after drone attacks on two oil facilities in Saudi Arabia, which accounts for around 10 per cent of the global oil production.
Rising airfares, general elections left many a room vacant
Foreign tourist arrivals increased by 1.9% to 3.93 million in the first four months of 2019 after registering subdued growth in 2018, according to the tourism ministry.
Airfares "cheaper" than AC1, AC2 train fares, says railway zone, allows officials to fly instead
The General Manager, South Western Railway has approved the proposal which states that it would "increase productivity" as the travel time between any location in the railway zone to these tier 1 cities is "more than 12 hours."
International airfares soar as Jet Airways wobbles
Thousands of flyers who have booked Jet’s international flights and have now been left in the lurch.
India airfares forecast to increase 5% in 2020; hotel rates expected to rise 6.8%: CWT
While the global economy is expected to grow by 3.6% in 2020 – a raft of uncertainties are set to put a damper on pricing, as per the report.
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