Friday, April 12, 2013

India to Gulf airfares to fall as new flights launched


Abu Dhabi: Airfares between India and the Gulf is expected to fall soon thanks to possibly increasing competition in the sector, an Indian minister said here yesterday.
India’s decision to allow foreign direct investment (FDI) in the country’s aviation sector will help launch more flights between India and the Gulf, triggering more competition among airlines that will result in falling airfares, K.C. Venugopal, Indian minister of state for civil aviation, said.
12/04/13  Binsal Abdul Kader/Gulf News
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