Airlines Raise Fare

The government has already advised domestic airlines not to go in for predatory air fare pricing as several 737-MAX aircraft were grounded due to safety reasons in the wake of a plane crash in Ethiopia.

After the twin shocks of a cash ban in 2016 and the chaotic introduction of a consumption tax last year, India's economic recovery is gaining momentum. Businesses are taking advantage of the solid demand to raise prices, lifting profits, but also fanning inflation at a time of higher oil prices and a currency slump.

An amount of up to Rs 8,500 is being levied from scheduled airlines operating in major routes to raise money towards the fund.

The industry body asserted that 5/20 rule is not protectionist.

In a move that would raise the cost of air travel, the government today said it has allowed airlines to charge passengers for preferred seats on a flight, check-in baggage and meals, among other things.

You would be right to assume that if domestic airlines increase fares when oil companies raise aviation fuel prices, then similarly when oil companies reduce prices they should pass on the benefit of this reduction in cost to passengers. But, even after five cutbacks in fuel prices in recent months, airlines haven't on a single occasion made any an...

"For this market to continue to do better, the fares must be raised and they must be raised to the tune of around 15 per cent," Keskar said in a press conference on the sidelines of the third edition of India Aviation 2012.

"Indian airlines would suffer over $1 billion in FY2011-12 due to high operating costs," Boeing 's senior vice-president, sales in Asia Pacific and India, Dinesh Keskar said.

The Indian aviation industry is going through tough times. Hit by high fuel costs, debt burden, increased taxes and workers’ standoff, the firms have landed on a rough ground this year. In an interaction with NDTV Profit's Devina Gupta at the India Economic Summit,  Dr. Dinesh Keskar, President of Boeing India and VP of Boeing Interna...

With airfares mounting in the last couple of weeks primarily due to cancellation of Kingfisher flights, aviation regulator, the Directorate General of Civil Aviation (DGCA), today warned airlines not to raise air ticket prices beyond a given range.

The strike by Air India pilots is in its third day and neither side is willing to blink first. On Friday, Air India warned that it would fire pilots who did not report to work by 5 pm. With not much time before the deadline elapses, the striking pilots have said all 800 or so of them are ready to get terminated and go to jail but are not willing to...

Within hours of a section of Air India pilots announcing the strike, private airlines jacked up their fares on all the major sectors within the country. A Delhi-Mumbai ticket which cost Rs 8000-9000, is now costing Rs 12,000. "There has been an increase of up to 50 percent in the air fare," said, a travel agent in Delhi who wished not to be identif...

Private airlines led by low cost carriers have jacked up their fares by upto 50 per cent on the Mumbai-Delhi sector in the wake of the strike by a section of Air India pilots who are demanding pay parity and better working conditions.While low cost carrier Indigo is said to be charging Rs 6,234 for its Mumbai-Delhi afternoon flight, Jetlite fares f...

The government has already advised domestic airlines not to go in for predatory air fare pricing as several 737-MAX aircraft were grounded due to safety reasons in the wake of a plane crash in Ethiopia.

After the twin shocks of a cash ban in 2016 and the chaotic introduction of a consumption tax last year, India's economic recovery is gaining momentum. Businesses are taking advantage of the solid demand to raise prices, lifting profits, but also fanning inflation at a time of higher oil prices and a currency slump.

An amount of up to Rs 8,500 is being levied from scheduled airlines operating in major routes to raise money towards the fund.

The industry body asserted that 5/20 rule is not protectionist.

In a move that would raise the cost of air travel, the government today said it has allowed airlines to charge passengers for preferred seats on a flight, check-in baggage and meals, among other things.

You would be right to assume that if domestic airlines increase fares when oil companies raise aviation fuel prices, then similarly when oil companies reduce prices they should pass on the benefit of this reduction in cost to passengers. But, even after five cutbacks in fuel prices in recent months, airlines haven't on a single occasion made any an...

"For this market to continue to do better, the fares must be raised and they must be raised to the tune of around 15 per cent," Keskar said in a press conference on the sidelines of the third edition of India Aviation 2012.

"Indian airlines would suffer over $1 billion in FY2011-12 due to high operating costs," Boeing 's senior vice-president, sales in Asia Pacific and India, Dinesh Keskar said.

The Indian aviation industry is going through tough times. Hit by high fuel costs, debt burden, increased taxes and workers’ standoff, the firms have landed on a rough ground this year. In an interaction with NDTV Profit's Devina Gupta at the India Economic Summit,  Dr. Dinesh Keskar, President of Boeing India and VP of Boeing Interna...

With airfares mounting in the last couple of weeks primarily due to cancellation of Kingfisher flights, aviation regulator, the Directorate General of Civil Aviation (DGCA), today warned airlines not to raise air ticket prices beyond a given range.

The strike by Air India pilots is in its third day and neither side is willing to blink first. On Friday, Air India warned that it would fire pilots who did not report to work by 5 pm. With not much time before the deadline elapses, the striking pilots have said all 800 or so of them are ready to get terminated and go to jail but are not willing to...

Within hours of a section of Air India pilots announcing the strike, private airlines jacked up their fares on all the major sectors within the country. A Delhi-Mumbai ticket which cost Rs 8000-9000, is now costing Rs 12,000. "There has been an increase of up to 50 percent in the air fare," said, a travel agent in Delhi who wished not to be identif...

Private airlines led by low cost carriers have jacked up their fares by upto 50 per cent on the Mumbai-Delhi sector in the wake of the strike by a section of Air India pilots who are demanding pay parity and better working conditions.While low cost carrier Indigo is said to be charging Rs 6,234 for its Mumbai-Delhi afternoon flight, Jetlite fares f...