Mumbai: The slashing of airfares by a few low-cost airlines could possibly triggering a price-war in the coming days. The move is already making railway passengers opt for flights.
This massive shift by rail passengers towards air travel has also been triggered by the declaration of increase in rail fares which was made recently by the railway ministry in order to bridge its deficit of Rs25,000 crore.
“The development in the last few days has suddenly brought a fresh change in the airline industry. A sudden rush to book flight tickets could be seen in the otherwise dull period, which usually follows after the new year,” says Iqbal Mulla, president of the Travel Agents Association of India.
13/01/13 Shankar Abidi/Daily News & Analysis
