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Syndicate behind air fare hike to the Middle East, say manpower exporters

Syndicate behind air fare hike to the Middle East, say manpower exporters ....

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Air travel becomes costlier by up to 12.82% as Centre raises domestic airfares

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Domestic air travel will now cost you more as govt raises lower limit on fare

The move comes in view of a devastating second wave of Covid-19 in India, which has reduced air travel significantly, burdening the airlines ....

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Domestic air fare hike: Govt raises lower limit on fares by 10-13%

Image used for representation only (Getty images)
HIGHLIGHTS
Lower limit for flights under 40 minutes of duration will be increased from Rs 2,300 to Rs 2,600.
Flights with duration between 40 minutes and 60 minutes will have a lower limit of Rs 3,300 instead of Rs 2,900 now.
The increase in airfares will come into effect from June 1.
Domestic air travel is set to become costlier as the Civil Aviation Ministry on Friday raised the lower limit on fares by 13 to 16 per cent, according to an official order.
The increase in airfares will come into effect from June 1, it said. The upper limits on fares remain unchanged. ....

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Aviation stocks take flight as govt ups fare price band; SpiceJet gains 7%

Shares of aviation firms InterGlobe Aviation and SpiceJet took off at the bourses on Friday, cheering the government s decision to increase the upper and lower cap on airfare by up to 30 per cent. In the intra-day trade, IndiGo shares jumped up to 4.7 per cent on the BSE to hit an intra-day high of Rs 1,704 apiece while those of SpiceJet soared 7 per cent to a high of Rs 94 per share.
On Thursday, Ministry of Civil Aviation revised fare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier. The cap on maximum chargeable fare has been raised to Rs 13,000 from Rs 10,000. ....

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