Airfares surge! Travellers preparing to take domestic flights this summer will need to budget more as airfares have spiked by 20-25 per cent due to Vistara flight cancellations and high air travel demand. Industry experts have noted that the airline sector is facing challenges in meeting the surge in demand, leading to the use of…
NEW DELHI: There is healthy and tough competition in the Indian market, which is also price sensitive, the country’s largest airline IndiGo’s chief Pieter Elbers said and emphasised that there is an enormous demand for travel. At the helm of the airline having a domestic market share of little over 60 per cent and more…
Mumbai Airport flight operations update: The Ministry of Civil Aviation has said that it was forced to intervene to compel Mumbai Airport to reduce flight operations due to excessive slot allocations, causing congestion and extended waiting times for aircraft, sometimes up to 60 minutes.Airport slots denote specific time periods allotted for aircraft takeoffs or landings….
Aviation industry experts and airline executives have expressed their skepticism regarding the impact of any move by the aviation regulator to control airfares. The recent recommendation by a parliamentary panel to implement measures to curb high fares is unlikely to affect rates in the current free market system.Due to significant capacity reductions, air ticket prices…
