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LOW AIRFARES
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...
- Australia relaxes Gulf travel advice in boost for Middle Eastern airlinesAustralians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...
- 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...
- 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 ...
- IndiGo, SpiceJet & other travel stocks plunge up to 7%. Two big reasons whyTravel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citize...
- 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...
- Air India board meeting on May 7; cost-saving steps, CEO selection likely on agendaAir India's board meets May 7 to discuss cost cuts and a new CEO. The airline faces significant losses and challenges from rising jet fuel ...
- Bhutan plans on reducing 'expensive' airfares to boost tourismAccording to country's Finance Minister, this step would result in uptick of travellers to the country and increase the number of visitors ...
- SpiceJet CEO says need for "more rational airfares", terms Go First case extremely unfortunateSpiceJet CEO Ajay Singh has said that the aviation sector in India will not be affected just because one airline goes down. He stated that ...
- SpiceJet, Jet Airways stocks skyrocket as Delhi govts mulls massive cut in ATF taxSpiceJet was ruling 5.58 per cent higher at Rs 79.45. Jet Airways surged 5.56 per cent to Rs 461, while InterGlobe Aviation advanced 3.45 p...
- Forcing low airfares on Gulf route may attract litigation: GovernmentThe ministry conveyed this view to a Parliamentary panel, which sought steps to ensure that the public is protected from predatory airfares.
- Low airfares by Air Asia, Thai Air Asia, Tiger Airways, SpiceJet and IndiGo make holiday packages to SE Asia cheaperTravel companies are slashing their holiday package prices to South-East Asian tourist hot spots by at least 10%.
- Airfares to go up on domestics routes in October by up to 8%Airfares to go up by 8% to 10% on metro routes, while ‘exclusive’ routes may see a steeper hike of 12%-15% in October.
- Travel portals benefit as holiday makers from small towns get lured by no-frills flightsLow airfares have set travel portals' coffers ringing, as holiday makers from small towns and cities get lured to no-frills flights, an opt...
- Rail budget: Fare cut will pinch low-cost airlinesFor the first time since '03, when Air Deccan, the first LCC, was launched- airfares are now higher than Rajdhani AC-I fares. Last 10 railw...
- MRTPC to probe uniform air fare hikeUniform airfare hike by all domestic airlines has come under the lens of MRTPC. The commission would investigate the alleged cartilisation ...
- Air travellers start crowding train platformsHigh airfares might have added to airlines’ woes, especially low-cost carriers, but it has helped railways improve its earnings.
- AMEX biz travel reports flat Airfares in APACAmerican Express Business Travel on Tuesday published the Business Travel Monitor - the industry’s quarterly retrospective pricing benchmar...
- Outbound air fares to soar 10%Your summer holidays just got costlier. Air travel to int'l destinations will cost more after March.
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