More overseas flights make airfares tumble

Mumbai: If you are planning a holiday this summer to the US, Australia, Germany or Hong Kong, international carriers will make sure you do it without burning a hole in your pocket.
Ticket prices do fall 10-15 per cent every summer. But, this year, the fares have fallen 30-60 per cent. Some airlines have decided to top these rock bottom fares with freebies like free hotel accommodation.
You have the capacity build- up on key international routes to thank for it. While the rest of the world seems headed for a slowdown, Indians continue to travel abroad in ever-increasing numbers. There is a mad scramble amongst airlines including homegrown carriers Air India and Jet Airways to get a slice of this traffic.
19/04/08 Manisha Singhal/Business Standard

To Read the News in full at Source, Click the Headline

Categories: Foreign Apr 2008, Indian Aviation- In General Apr 2008