Thursday, December 08, 2016

Air fares show sharp dip in November

The average fares on some of the busiest domestic air routes fell sharply in November as compared to the same period last year thanks to low fuel prices and airlines adding planes to their fleet.

According to an analysis done by a leading travel portal, the average airfare in November was down by 4% to 30% as compared to November last year.

Industry experts attribute the fall in ticket prices to low jet fuel prices and schedule airlines ramping up their fleets to corner a larger pie of the domestic market share.
07/12/16 Anupama Airy/Defence Aviation Post
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