Tuesday, October 16, 2012

Domestic flying may cost more as airlines cut flights by 19%

New Delhi: This winter not only will domestic air passengers have fewer choices but may have to pay more for flights.
This is because airlines plan to trim flights to 10,935 a week down almost a fifth from the 13,541 they operated in winter 2011.
Kingfisher Airlines off the air, the general slowdown, the high level of taxation and fuel charges have forced airlines to reduce the winter offering.
Globally, the winter schedule runs from the last Sunday in October till the last Sunday in March of the following year. Airlines need to the permission of the Directorate-General of Civil Aviation to operate flights during this period.
Amber Dubey, partner and head aviation, KPMG, says the capacity may not just push fares up but foresees some consolidation.
17/10/12 Business Line
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