North America-India fares rose the most in Oct-Dec, says study

New Delhi: Prices of air tickets bought in advance rose to the highest for flights to and from North America in the ongoing quarter, while dropping 8% for domestic flights, a report said.
The October-December quarter is considered the most profitable for Indian carriers as foreign tourist arrivals increase, together with a rise in the number of Indians living overseas and visiting the country during the festival season.
Published fares were up 5% to and from the Americas, 2% in Asia-Pacific, 2% in Europe, West Asia and Africa, but down 8% in domestic travel, while registering a 3% overall drop for the country, American Express Business Travel Monitor, a division of American Express Co., said in a study reviewed by Mint. The study compares air fares for October-December with those in the preceding three months.
Published fares are classified as regular fares for flights booked in advance and not last -minute fares that have recently come under state scrutiny.
13/12/10 Tarun Shukla/Live Mint

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Categories: Foreign Dec 2010