Suspension of flights by crisis- hit Kingfisher Airlines may be a possible reason for soaring airfares, although there is no evidence as yet of any price cartelisation among the carriers,
Even before the holiday season has begun, all airlines have jacked up their fares on many busy air routes by 10-25 per cent over the past few days.
One reason
Rising air travel costs have failed to impact the outbound leisure travel this summer. According to travel service providers summer travel has grown this year too as
Talking tough, the government today said it was not "fully satisfied" with the steps taken by air carriers so far to lower the "astronomical" fares and wanted all airlines to
Amid tussle between the government and airline companies on airfare, country's largest integrated travel company Thomas Cook today said that flying in air should be "affordable".
Protesting against the government efforts to reduce high prices charged by airlines on tickets booked at short-term notice, Kingfisher Airlines promoter Vijay Mallya today said airfares should not be capped
Sending a strong signal to domestic carriers over abrupt hike in airfares by some of them during periods of high demand, Civil Aviation Ministry today warned them of action if
Kingfisher Airlines Ltd has said it would reduce airfares "across the board".
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