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What high air fares? You are paying the same for flight tickets you did a decade ago; here's why

India Business News: India’s air fares are almost the same as a decade ago! While airfares witnessed a significant surge when travel rebounded in 2022, industry experts co ....

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Air Ticket Price Can't Escalate Beyond What Is Justifiable: Scindia

New Delhi, June 7 (IANS) Union Civil Aviation Minister Jyotiraditya Scindia on Wednesday emphasised the importance of maintaining reasonable airline ticket prices following the resumption of domestic air travel after the Covid-induced lockdowns. ....

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Airfare cap removal lowers ticket prices, increased air traffic reported, experts claim

Amid the coronavirus pandemic, the airfare cap was introduced, which has been finally removed and has resulted in lower airfare and increased passenger traffic. ....

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India-UAE airfare drops drastically, flight tickets available at half price: check rates HERE

In December 2021, India-UAE airfare was over Rs 37,000 (1,814 Dirham), but now the fare from India to UAE costs about Rs 13,660 (Dirham 665) one-way. ....

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SpiceJet and IndiGo stocks take off as a 2-hour flight could now cost up to ₹13,000

SpiceJet and IndiGo stocks take off as a 2-hour flight could now cost up to ₹13,000
SpiceJet and IndiGo stocks take off as a 2-hour flight could now cost up to ₹13,000
Navdeep YadavFeb 12, 2021, 10:09 IST
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The India government removed the COVID cap on airfares allowing a rise between 10% and 30%, depending on the duration.
The investors cheered the fare cap revision as IndiGo and SpiceJet s stocks jumped nearly 3% and 5%, respectively, on Friday (February 12).
The fuel prices that account for nearly 70% of the airlines cost crossed the $60 per barrel mark earlier this week, adding to the airlines operator s woes.In a big relief to bleeding airlines, the government on Thursday eased caps on airfares. The Indian air regulator extended the curbs on setting fares till March 31 but said the airlines could charge as much as 30% more of the earlier limit. ....

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