news details |
|
|
| Airfare in India spiked by 41% since Covid: Report | | | agencies
NEW DELHI, June 12: Airfares in key markets in Asia-Pacific and the Middle East rose sharply even as airport charges have remained steady since the pandemic. A study conducted by Airports Council International Asia-Pacific in collaboration with Flare Aviation Consulting on airfare trends in the region found highest airfare increase was in India (41 per cent), followed by the United Arab Emirates (34 per cent), Singapore (30 per cent) and Australia (23 per cent). The study found domestic airfares have continued to increase in several of these markets, including India, Indonesia, Saudi Arabia, South Korea and Japan in the first quarter of 2023 and only decreased marginally on international routes. ACI Asia-Pacific argues airlines are capitalising on low competition and pent-up demand to increase profits and recover losses incurred during the pandemic, while airports continue to provide enhanced services to passengers despite incurring heavy operational and capital expenditures.
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
|
|
STOCK UPDATE |
|
|
 |
| BSE
Sensex |
 |
| NSE
Nifty |
|
|
| |
CRICKET UPDATE |
|
|
|
|
| |
| |
|
|
| |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
