The increased demand has reflected in higher fares on popular routes during March 6-12 (Holi week) compared to February 6-12
Usage of slots for more than 80 per cent of time in the previous winter season decides whether an airline would get the same slot again in the current winter season
Shares of InterGlobe Aviation opened at Rs 2,070.05, then gained further to touch 2,080.80, registering a jump of 2.09 per cent over its last close.
AirAsia India has introduced a Pay Day sale with prices as low as Rs 1,499. The idea of the Pay Day sale is to make short aerial routes like Delhi-Jaipur affordable for all
He also emphasised that under normal circumstances, airfares are neither established nor regulated by the government
On Thursday, the Ministry of Civil Aviation hiked the airfare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier
Airlines will need to sell 20% seats below midpoint of the fare band on each flight instead of 40% as mandated earlier
Domestic passenger services resumed on May 25 after nearly two months of suspension to combat the coronavirus outbreak.
The government resumed domestic passenger flights from May 25 after nearly two months of suspension to combat the coronavirus outbreak
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The industry is fears that despite the government saying that the cap and floor will be for three months, it may extend it arbitrarily
MakeMyTrip and a host of other companies in the travel and hospitality industry took a "safety pledge" to maintain high hygiene standards, and follow new protocols to ensure safety and sanitisation
Airlines will be allowed to resume about a third of their operations from Monday, within rules that include no meals on board, temperature checks for all passengers
The online travel agency Yatra.com has claimed that airfares to Southeast Asia and Italy have dropped by 20-30 percent in the backdrop of coronavirus.The travel agency also said that there is a hike in enquires with respect to domestic destinations including Andaman & Nicobar, Goa, and cities in North-East."Southeast Asia and Italy being one of the most preferred destinations for Indians, we can anticipate a drop of about 20-25 percent in terms of future bookings, though it is too early to predict any drastic impact. They are wary of making fresh bookings to the affected locations and airfares to these destinations have dropped by 20-30 percent," Sabina Chopra, Co-Founder, Yatra.com said in a statement."Travelers are now looking at alternate foreign destinations from India, such as Sri Lanka and Bhutan for summer travel. There is a hike in enquires to domestic destinations such as Andaman & Nicobar, Goa, Ujjain, North-east cities among others," she said.Chopra said that ...
He, however, said the government currently does not have any intention to regularise the fares
Significant capacity addition by airlines may prove a deterrent despite increase in fuel price