This adjustment in airfares can be attributed to airlines' efforts to rectify the missteps observed prior to Diwali, according to aviation industry officials
The Centre on Friday told the Kerala High Court that airlines are free to charge air fares as per their operational viability and that it does not interfere in commercial aspects of the airline nor fixing of the airfare. In an affidavit, the union government said the dynamic pricing adopted by the airlines was a global practice and the change in prices are based on algorithms that take into account competitor pricing, supply and demand and other external factors. "Airlines are free to charge airfares as per their operational viability. The government does not interfere either in commercial aspects of airline nor fixing of airfare by them," the affidavit read. In response to a plea filed by one Zainuabideen, challenging the hike by the airlines operating in the Gulf sector in their fares during festival seasons, the central government said dynamic pricing plays a crucial role in determining how airlines improve their revenue per flight. It said the airlines are required to establish
A flight ticket from Delhi to Leh on February 18 was quoted at Rs 33,000. The airfare was found in the similar range for a ticket on February 19
Domestic air travel is set to become costlier as the Civil Aviation Ministry on Friday raised the lower limit on fares by 13 to 16 per cent, according to an official order
On Thursday, the Ministry of Civil Aviation hiked the airfare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier
On Thursday, Ministry of Civil Aviation revised air fare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier
Airlines have various fare slabs and Air India has withdrawn its lowest fare slab on Mumbai-London route