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AIRFARES INCREASE
Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...- Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
- UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
- FIFA 2026: Hotel boom fails to kick off as overseas demand hit by migration rules, ticket prices, airfaresIndian-origin hoteliers in the US report subdued international interest for the football World Cup, citing stricter immigration policies, h...
- US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...
- Arriving before check-in? MakeMyTrip's rolls out guaranteed early check-in and late check-out featureMakeMyTrip introduces a new service allowing travellers to pre-book early check-in and late check-out. This feature addresses common travel...
- Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
- Hotel giants bet India’s local travel boom can defy slowdownMajor hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite...
- 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 ...
- IndiGo shares gain 2% after analyst meet. Why Goldman, Morgan Stanley, others see up to 38% upside?IndiGo shares witnessed an uptick on Tuesday after its analyst meet, where management outlined strong long-term growth plans driven by risi...
- US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
- Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
- Summer travel plans take no break: Domestic demand remains strong despite rising fuel costs and airfares, fewer flightsIndians are not cancelling summer holidays despite higher costs and fewer flights. Many are choosing domestic trips or nearby international...
- The FIFA World Cup transit test: Can trains and buses win over North America's car-loving fans?The 2026 FIFA World Cup in North America presents a major opportunity for public transport. Operators aim to attract fans to trains and bus...
- Global macro woes take holidayers in different directionIndian travelers are opting for short-haul international trips to Southeast Asia and Australia, or domestic getaways this summer. This shif...
- Hajj travel becomes costlier for pilgrims as Iran-US war disrupts Gulf air routesPilgrims heading to Saudi Arabia for Hajj face higher travel costs. Airfares and packages have risen significantly due to increased fuel pr...
- Passengers demand sticking despite higher ticket prices: IndiGoDespite a significant increase in ticket prices due to soaring fuel costs, India's largest airline reports that passenger demand remains st...
- Indians are breaking up with Europe for a Southeast Asian getawayIndian travelers are increasingly choosing Vietnam over traditional European destinations due to rising airfares and longer flight duration...
- Airline miles may not go as far as the Iran war drives up fuel costs and summer faresAirline ticket prices and baggage fees have surged, impacting the value of travel rewards for summer trips. While dynamic pricing makes awa...
- FIFA 2026: Fewer Indians likely to travel to US World Cup amid rising costsThe World Cup expands with more teams and games. This raises questions about quality and player fatigue. FIFA believes this growth makes th...
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