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AIRFARE HIKE
700% jump in airfare: Supreme Court says 'don't travel by air'The Supreme Court refused urgent listing of a plea alleging a 700% surge in airfares, with the bench telling passengers, "Don't travel by a...
IndiGo may hike ticket prices to offset soaring fuel bills, says CEO Willie WalshAmidst escalating fuel prices that heavily strain profitability, IndiGo is looking at the possibility of raising ticket prices. The airline...
Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
India braces for first Diwali after Gulf war with tighter budgetsAs households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for e...
Expensive flights, struggling airlines: Why India's airfare crisis has no easy fix for passengersIndia's proposed new airfare framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season...
'Govt has no plans to regulate airfares'India's government has clarified that it will not regulate ticket prices for airlines under new rules. The new air fare regulations will al...
Charting the global economy: Inflationary pressures mount in USA broad upswing in consumer prices last month helps reinforce expectations for additional Federal Reserve interest-rate increases in the mo...
Will flyers get relief? Centre finalises aviation rules as SC examines steep airfaresCentre has received administrative approval for rules under the Bharatiya Vayuyan Adhiniyam, 2024, and expects to publish them within two w...
Malaysia Airlines open to partnership with India, seeks to expand network, says Group CEO Captain Nasaruddin A. BakarMalaysia Airlines recognizes strong demand for corporate and visiting friends and relatives traffic in India. The carrier has seen a 13 per...
No worm for early birds on domestic air ticket counter as advance flight booking advantage fadesAirlines in India are changing their pricing strategies, maintaining high fares for both early and last-minute bookings. The reduced capaci...
DGCA's regulatory monitoring not a fresh finding of safety deficiencies: SpiceJetSpiceJet said that the DGCA's regulatory monitoring should not indicate new safety issues. The airline clarified that safety audits and sur...
Hidden cost of travel: Visa fees, card markups, optional tours and tips that can add 25-40% to budget; here's how to plan for themMany travelers fail to account for hidden costs while planning international journeys, often only considering major expenses. These overloo...
Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...
UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this yearUnited Kingdom inflation reached a five-month peak in August, driven by fuel prices. This increase moves inflation further from the Bank of...
US inflation picked up as gas prices marched higher due to conflict in the Middle EastUS inflation held at 3.4% in August from a year earlier, while monthly consumer prices accelerated 0.4% as renewed Middle East fighting pus...
Hotter producer prices strengthen bets on a Fed rate hikeUS producer prices rose, increasing rate hike expectations for the Federal Reserve. Traders now price a seventy percent chance of a quarter...
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climbWholesale inflation increased in August after cooling earlier this summer. Higher oil and gas prices, driven by Middle East conflict, are k...
‘If airlines are not complying, ground them’: SC pushes Centre to finalise aviation rulesThe Centre informed the Supreme Court about fast-tracking new aviation rules. These rules under Bharatiya Vayuyan Adhiniyam, 2024, will be ...
ATF price hike may lead to increase in air fares: ExpertsThe ATF price has witnessed an increase of nearly 30 per cent over the last one year and about 25 per cent in just last six months.
- MRTPC to probe uniform air fare hike
Uniform airfare hike by all domestic airlines has come under the lens of MRTPC. The commission would investigate the alleged cartilisation ...