Page 4 - Airfares

2 in 3 travellers want pre-pandemic govt fare caps back as air-fares soar

A recent survey by LocalCircles reveals that soaring airfares have worried travellers and two out of three fliers want the government to bring back an upper and lower limit on air-fares

Removal of airfare caps will help in offering discounted tickets: IndiGo

The country's largest carrier IndiGo on Wednesday said the removal of airfare caps will help airlines to increase their passenger load factors by offering discounted fares. With the government doing away with the airfare limits after more than two years, travel agents are also optimistic that ticket prices are likely to go down in the coming months, especially due to the upcoming festival season. The country's second-largest airline Vistara said it will continue to have a balanced pricing strategy. The upper and lower limits on airfares on the basis of flight duration were put in place back in May 2020 after the resumption of scheduled domestic air services. Scheduled domestic flights were suspended for two months starting from late March 2020 in the wake of the coronavirus pandemic. On August 10, the civil aviation ministry announced that airfare caps will be removed from August 31 amid the domestic air traffic being on the recovery path as well as a relative decline in jet fuel .

TMSEp236: Airfare cap, aircraft maintenance, edible oil stocks, flag code

How will removal of caps on airfare affect ticket prices? Why's aircraft maintenance sector in dire straits? Will edible oil stocks run out of steam? What is the Tricolour's flag code? Answers here

How will the removal of caps on airfare affect ticket prices?

The government announced to lift the cap on airfares after over two years. Does it mean that we will have to shell out more for flight tickets? Will it lead to a price war? Let's find out

Agnipath protests: Passengers stranded as trains cancelled; airfares soar

The Railways on Monday said it has cancelled 587 trains due to the agitations.

Catch 22: Airlines want a 15% hike in airfares but fear a drop in traffic

In the nine hikes since January 1, the jet fuel prices have been increased by Rs 49,017.8 per kl or nearly 55%

International airfares rise 50% on higher demand, jet fuel costs

Seats are difficult to get on flights to Europe and US and those that are available fall in the higher slabs

Airlines may go for another round of fare hikes as crude prices bite

The govt has set minimum and maximum fares for domestic flights and these are applicable upto a fortnight. For booking beyond 15 days airlines are free to set their own fares.

Airfares rise 30-100% against pre-pandemic levels: Thomas Cook

The domestic air passenger traffic increased around 67 per cent year-on-year in October

These goldsmith-techies use dynamic pricing to help businesses max revenues

Anshu Jalora and Vijeta Soni's firm Sciative uses AI, automation and big data to set movie ticket prices, and bus and airline fares, based on the demand curve for these services and products

Limits on airfares to remain for 15 days at any given time: Aviation Min

The lower and upper limits on airfares will remain for 15 days at any given time and the airlines will be free to charge without any limits from the 16th day onwards, the Civil Aviation Ministry said.

Lift capacity, fare caps: Operators of India's largest airports to govt

They have also urged the government to resume international air travel without limiting capacity

Delhi-London economy class airfares zoom up to Rs 4 lakh on revenge travel

Spike in airfares seen in several other routes connecting India, Mumbai-Moscow doubles in about a month

Ahead of curbs, airfares hit $1,000 as UK tourists rush to leave Portugal

U.K. authorities caught airlines and holidaymakers by surprise on Thursday with a decision to remove Portugal from the green list of countries where travel was relatively easy.

China airfares rebound in potential rehearsal for global recovery

Widely watched airfares in China are recovering to pre-pandemic levels as domestic tourists lead a patchy air travel recovery, scattering crumbs of hope to a shattered global travel sector

Lower fare limits to apply to premium economy class seats: Aviation Min

Among the Indian domestic carriers, only Vistara has premium economy class seats in its flights

Airfares to UK, US get cheaper by 30% amid coronavirus outbreak

An executive from a European airline said loads have declined 30 per cent in the last few days

Airfares set to rise 7-9% as Jet Airways crisis squeezes capacity additions

Domestic passengers traffic to grow 6-8 per cent in FY20, as against a healthy 19 per cent growth registered in the year ended March 2019

Fares to US, Europe set to drop as Pak opens airspace for civilian aircraft

Airlines return to shorter routes soon after the announcement

Don't resort to predatory pricing of tickets: Govt tells airlines

Airfares have risen amid reduced number of flights in the wake of grounding of planes by Jet Airways