Flight Ticket Prices
Sky high: Flying during Diwali likely to cost 20-30% more this year
While ATF price has jumped 83% in Sept on a YoY basis, capacity deployed by airlines has also increased. Airlines flew 37% more flights and carried 50% more passengers last month compared to Aug '21
 "Sky high: Flying during Diwali likely to cost 20-30% more this year")
Akasa, IndiGo slash fares as competition heats up in domestic market
Prices lower by 20-25% on Akasa Air's three routes, discounts being offered even for close-in travel
 "Akasa, IndiGo slash fares as competition heats up in domestic market")
AI selects RateGain to adjust ticket prices with real-time airfare data
Air India has selected technology company RateGain to provide its product called 'AirGain' that will assist in dynamically adjusting ticket prices with real-time, accurate and high-quality airfare data, a statement said on Wednesday. Tata Group-owned Air India maintains a fleet of 113 planes that operate over 500 daily flights, its statement noted. "AirGain offers actionable insights to quickly react to market price change and stay ahead of the competition through its scalable and intuitive analytical capabilities," it said. Airlines gain competitive intelligence by analyzing market data in real-time, it added. AirGain's ability to track historical trends and fare changes on the most-profitable routes makes it easy for revenue and commercial teams to stay on top of every market development, the statement said.
 "AI selects RateGain to adjust ticket prices with real-time airfare data")
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
 "How will the removal of caps on airfare affect ticket prices?")
Domestic airlines get a boost as Centre lifts cap on ticket prices
Shares of top airline IndiGo's parent InterGlobe Aviation Ltd rose as much as 2.3% to 2084.6 rupees while smaller rival SpiceJet Ltd jumped as much as 7% to 47.9 rupees
 "Domestic airlines get a boost as Centre lifts cap on ticket prices")
Jhunjhunwala's Akasa Air to take off from August 7; air ticket sales begin
Akasa Air will connect four cities in its first phase of operations, with flights connecting Bengaluru and Kochi beginning on August 13 with two daily flights.
 "Jhunjhunwala's Akasa Air to take off from August 7; air ticket sales begin")
Ensure fares on metasearch not higher than ticket prices on websites: DGCA
Aviation regulator DGCA has asked airlines to ensure that the airfares on metasearch engine websites are not higher than the ones displayed on the carriers' websites, a senior official said on Monday.
 "Ensure fares on metasearch not higher than ticket prices on websites: DGCA")
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 to UK, US get cheaper by 30% amid coronavirus outbreak")
Rs 3,000 is too high! Govt wants airlines to lower ticket cancellation fee
The government's move comes after the price of cancelling flight tickets has nearly doubled, according to reports, since 2016
 "Rs 3,000 is too high! Govt wants airlines to lower ticket cancellation fee")
Flight ticket prices: Parl panel asks govt to curb predatory airfares
A section of parliamentarians has been demanding capping of fares by the airlines
 "Flight ticket prices: Parl panel asks govt to curb predatory airfares")
