Slash in airfares boosts domestic passenger market

Last Updated: Wednesday, July 31, 2013, 22:13

Domestic passenger market grew by over seven percent last month on a year-on-year basis primarily due to a slash in airfares, the IATA said on Wednesday.

Domestic air tickets to be costlier

Last Updated: Thursday, March 28, 2013, 19:25

Domestic air travel is going to be costlier again with both state-run Air India and private carrier Jet Airways hiking fuel surcharge on flight tickets by up to Rs 150.

MRP on air fares would be anti-competition: CCI

Last Updated: Thursday, March 14, 2013, 20:45

Terming supply and demand trends as key triggers for movement in air fares, fair trade watchdog CCI has ruled that the government or the aviation regulator can not be asked to cap the flight ticket prices as that would against the spirit of competition in the sector.

War over air fares intensifies, Air India cuts fares by upto 40%

Last Updated: Wednesday, February 20, 2013, 13:11

The war over air fares intensified on Wednesday with all Indian airlines competing with each other to offer low ticket prices, as Air India also jumped into the fray.

IndiGo criticises move to regulate fares; to add 16% capacity

Last Updated: Thursday, February 14, 2013, 19:12

The largest airline by market share IndiGo on Thursday criticised the government's proposal to cap lowest and highest airfares, and said the airline will increase its capacity by 16 percent next fiscal.

Kingfisher crisis pushing up airfares: CCI

Last Updated: Sunday, December 30, 2012, 14:25

Suspension of flights by crisis- hit Kingfisher Airlines may be a possible reason for soaring airfares, although there is no evidence as yet of any price cartelisation among the carriers, fair trade regulator Competition Commission has said.

No leave from work, high airfares hit Indian holidayers

Last Updated: Sunday, December 16, 2012, 10:04

No leave from work, high airfares and persistent inflation were the biggest impediments this year for Indians planning a trip abroad which witnessed a 14 percent drop from last year, a study has found.

Hike in airfares: CCI may relook at cartelization issue

Last Updated: Thursday, September 20, 2012, 14:43

Competition Commission on Thursday said it could take a relook at the issue of cartelization in the airline industry in terms of hike in airfares but maintained that ticket prices generally moved up due to a mismatch between supply and demand.

Air travel becomes costlier as airlines hike fares

Last Updated: Tuesday, September 4, 2012, 22:05

Air travel became costlier from Tuesday with major Indian carriers hiking fuel surcharge on tickets, ranging from Rs 150 to Rs 250 for domestic travel and USD 15 (Rs 825) for a one-way international ticket, following an almost eight percent increase in jet fuel prices.

Airfares likely to rise, says KPMG

Last Updated: Friday, March 16, 2012, 23:29

Airfares are likely to rise as increase in service tax will make overheads like advertising, utilities and rents of aviation companies costlier, according to KPMG.

Airlines need to hike fares by 15% to stay afloat: Boeing

Last Updated: Wednesday, March 14, 2012, 22:45

To cope up with rising fuel prices and falling yields, passenger fares need to be hiked by around 15 percent, Boeing India President Dinesh A Keskar said Wednesday.

Air fares to remain high in Q1: Survey

Last Updated: Thursday, February 23, 2012, 19:29

Bringing more bad news for the air passengers, already battling with flight cancellations due to the prevailing crisis at Kingfisher Airlines, a survey Thursday said that high inflation and network disruptions would keep airfares high in the current quarter.