Passengers see fares to India slashed

Indian Airlines cut its fares from Dubai and Sharjah to destinations across India by as much as 30 percent after Dubai-based Emirates said it will raise ticket prices up to 10 percent in the face of soaring fuel costs.
Flights from Sharjah to New Delhi are down 30 percent to 740 dirhams ($201), while flights from Dubai to New Delhi have dropped 26 percent to 790 dirhams, India’s Business Standard reported on Friday.
Fares from Dubai to destinations in Kerala have been cut around 12 percent to 790 dirhams, while fares from Dubai to Mumbai have gone down about 10 percent to 790 dirhams.
The newspaper said Indian Airlines began the promotion last Monday.
Emirates said earlier this month that from from Aug. 1 it will raise ticket prices on all routes by 10 percent for first and business class passengers and by 5 percent for those in economy.
It is the second time Emirates has hiked its fares in the last few months after increasing ticket prices by 9 percent in June.
The entire aviation industry is coming under increasing pressure due to record oil prices, which have sent the cost of jet fuel skyrocketing.
19/07/08 Dylan Bowman/ArabianBusiness.com, United Arab Emirates

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