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AIRFARE COMPETITION
Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...
Maharashtra reduces VAT on jet fuel from 18% to 7%Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until N...
Who is Hunter Peterson: Man behind the viral ‘Let’s Buy Spirit Airlines’ campaign that drew $214 million in pledged crowdfundingA viral online campaign, 'Let's Buy Spirit,' emerged after Spirit Airlines ceased operations, proposing public crowdfunding to revive the c...
Congress demands withdrawal of circular asking Haj pilgrims to pay Rs 10,000 moreThe Congress party has demanded the withdrawal of a Rs 10,000 airfare increase for Haj pilgrims. The party alleges the Modi government has ...
Trump weighs Spirit Airlines takeover, eyes resale after oil price drop report saysPresident Donald Trump is exploring a government takeover of Spirit Airlines. The plan involves buying the struggling airline with taxpayer...
Govt says it generally refrains from regulating airfares but remains vigilantThe Indian government is monitoring airfares but generally avoids regulation to maintain market competition. Increased aircraft capacity an...
Airfares have moderated in 2024 relative to 2023, says govtIndian government reports moderation in airfares in 2024 compared to 2023, particularly during festival seasons. While airlines independent...
Airfares reach for the skies in monopoly, duopoly routesIndia has about 1,100 air routes, nearly 800 of which are monopoly routes. Among these, about 500 are operated by IndiGo only, about 200 by...
Airlines advised to self-regulate on airfares, keep passengers interest in mind: Scindia"The fares are fixed by airlines keeping in mind the market, demand, seasonality and other market forces. The airfare increases with increa...
CCI probes alleged cartelisation in airfaresCurrently, the CCI is probing whether there is cartelisation among carriers in fixing price of air tickets.
Capping of airfares violates competition norms: Ashok Chawla, CCI chairmanTerming that the move would be 'antithetical' to competition as well as deregulation, Chawla stressed that market forces should be allowed ...
Surge in airfares ahead of holiday season forces CCI to probe cartelisation angleAfter a surge in airfares ahead of the upcoming holiday season, CCI is said to be examining whether carriers may have acted in concert with...
CCI to look into pricing model of airlinesThe airlines will have to explain to the Competition Commission of India how they determine fare buckets and how many seats were in each of...
CCI has no reason now to look into pricing of air ticketsThe fair trade regulator's comments comes against the backdrop of many airlines recently slashing airfares to attract more passengers.
MRP on air fares would be anti-competition: CCI'Whenever supply is more and demand is less, air fares fall and in lean season the airlines do decrease air fares,' CCI said in an order re...
- Airfares drop in Asia-Pacific but rises in India: Study
The global economic crisis saw air fares in Asia-Pacific region fall by an average nine per cent, but "reduced competition" in India saw th...
- Air travellers start crowding train platforms
High airfares might have added to airlines’ woes, especially low-cost carriers, but it has helped railways improve its earnings.