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LOW FARE RIVALS
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...- India Inc hikes prices, shrinks packs as Iran war squeezes marginsIndian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing produ...
- Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATASoaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to...
- India’s youngest airline adds flights while Iran war crimps rivalsIndia's youngest airline, Akasa Air, is emerging as a significant competitor, expanding capacity by 13.2% while major carriers like IndiGo ...
- Why are JetBlue and Frontier share prices up today? JetBlue and Frontier shares rise after Spirit shutdown creates growth opportunityWhy are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...
- Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.
- Budget airlines first to cut flights as jet fuel prices soarRyanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle ...
- Samsung flags eightfold jump in Q1 profit as AI chip demand drives up pricesSamsung estimated an operating profit of 57.2 trillion won ($37.92 billion) for the January to March period, compared with an LSEG SmartEst...
- Airlines face fare dilemma as fuel spike threatens travel demandAirlines are raising ticket prices and reducing flights as jet fuel costs soar. This move aims to offset financial pressures. The industry ...
- Jet Airways grounded, international fares take to the skyFares on Mumbai-New York route jumped up to 157% between March and June.
- Airlines announce special fares covering peak travelling seasonUnder the four-day special festival offer, the base fares for Jet Airways flights will be as low as Rs 396, the bookings have already comme...
- Cab war intensifies: Ola, Uber zip into non-metros for leadOla announced expansion of its low-cost 'Micro' service to non-metros like Ajmer, Udaipur and Nagpur, while rival Uber slashed fares.
- Vistara cuts fare to counter rivals like Jet Airways and Air India“Keeping spot fares low shows lagging demand. The airline possibly has last minute unsold inventory,” said the executive of a low fare carr...
- Emirates offers special fares to Indian air passengersBookings for the special offer, which comes just ahead the wake of India's Independence Day, commenced from yesterday and would remain open...
- AirAsia to speed up fleet addition, but may miss the break-even dateAirAsia India will accelerate its fleet induction plans on high passenger demand and its founders will put in excess of $200 mn into the ai...
- Air India quietly taking on budget carriers, offers cheap tickets on busy routesEven as budget carriers wage fare wars to gain shares in market, AI has been quietly undercutting them with lowest ticket prices on busy ro...
- Air India to normalise global operations by mid-AugustAir India management is looking to normalise international operations, severely affected by a two-month strike by pilots, by mid-August, ac...
- Weighed down by fuel costs, huge competition; Jet Airways may dump 10% staffJet Airways may cut up to 10% of its workforce as it grapples with a relentless rise in fuel costs and intense competition on key routes fr...
- AI may cut fares up to 25% on select routesAir India may cut passenger fares up to 25%, matching its full service rival Jet Airways and low-cost Spice Jet, which have already cut far...
- Fliers return to budget carriersMarket share of low-cost carriers bounced back to the June 2008 level of 46.4% in October, after slipping to 41% during July-Sep. World's B...
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