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AIRFARE STABILITY
Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...- Government may ask airlines to review additional prices if crude stabilisesAirlines might be asked to reduce surge charges and extra fares if aviation fuel prices remain stable for an extended period. The Civil Avi...
- ATF prices rise about 10% as oil companies roll out fixed pricingAviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...
- 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 ...
- Iran war could make petroleum products from clothes to crayons more costlyGlobal oil disruptions are making everyday items more expensive. From plush toys to bandages, the cost of materials derived from petroleum ...
- Traveling this summer? Major airlines cut routes — check the list to see if you are affectedAirlines Cut Routes Due to Rising Fuel Costs from the Iran War — Is Your Summer Flight at Risk? Jet fuel prices have doubled since the war ...
- US Fed's John Williams says Iran war is already driving up inflation pressuresFederal Reserve Bank of New York President John Williams said Thursday that the Middle East war is already driving up inflationary pressure...
- West Asia conflict disrupts aviation, leads to 15–20% dip in inbound tourist traffic; Rs. 18,000 crore net loss for industry: PHDCCI reportIndia's vibrant tourism and hospitality sector is currently reeling from the impact of conflicts in West Asia. With inbound tourist arrival...
- US-Iran ceasefire may stabilise travel routes, but will airfares follow?A recent US-Iran ceasefire promises to normalize international flight routes from India, easing disruptions via Gulf hubs. While flight pat...
- Iran war could push up summer airfares — here's when to book ticketsSummer airfares are set to soar due to the Iran war, with jet fuel prices surging over a third. Airlines are already repricing flights, mak...
- Oil prices are leaving airlines with nowhere to hideUS airlines face potential profit erosion as rising oil prices, driven by geopolitical tensions in the Strait of Hormuz, threaten to increa...
- IndiGo meltdown: Govt orders carrier to clear all pending refunds by December 7The Ministry of Civil Aviation has ordered IndiGo to process all pending passenger refunds by Sunday, December 7, and has also imposed temp...
- Alliance Air to offer fixed airfares until Dec 31 under 'Fares se Fursat' schemeAlliance Air has launched 'Fares se Fursat,' a new airfare scheme offering a single, fixed fare regardless of booking date, even on departu...
- Government announces 50% airfare cut for Mahakumbh travelers starting today: ReportAirfares for passengers traveling to the Mahakumbh Mela 2025 are set to be reduced by 50% starting from February 1. This decision comes aft...
- People will get used to higher prices as they got used to lower air fares: Jitender BhargavaAirlines have been either making only marginal profit or losing money, says Bhargava.
- Parliamentary panel pitches for capping airfaresAccording to the panel, some airlines are charging more than ten times of the advance booking fare around festivals and for bookings made c...
- Have proposed including ATF under GST: Civil aviation ministryJet fuel accounts for a significant chunk of an airline's operational costs which also has an impact on air ticket prices.
- Travel companies hawk tourist spots with stable currenciesWith the recent plunge in the rupee against the dollar risking demand for outbound travel, tour companies are offering attractive packages ...
- Airfares likely to rise by 25% this summer on crude hitInternational fares are already up by 10% and in the next week, airlines are likely to increase fares by 5-8% on domestic routes.
- Kingfisher to cut fares once ATF gets declared goods statusVijay Mallya-led Kingfisher Airlines on Monday said it will immediately reduce airfares once declared goods status is accorded to jet fuel.
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