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Flight Ticket Prices Shoot Up As IndiGo Introduces "Fuel Charge". Check Distance-Wise Cost
Airfares are set to shoot up as one of India's largest airlines IndiGo has introduced a distance-based "fuel charge" on domestic and international routes.
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Analysis: Jet Fuel Prices Hiked, Airfares To Go Up Again This Festive Season
The triple whammy of increasing jet fuel prices, GoFirst filing for insolvency, and the seat capacity of airlines remaining low is all set to hurt the wallets of flyers again this festival season.
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Rakesh Jhunjhunwala, Known As 'India's Warren Buffet', Set For Take-Off With New Airlines
The world is gripped by recession fears, jet fuel prices are sky-high, and aviation is a notoriously fickle industry. But the billionaire dubbed "India's Warren Buffett" is launching an airline on Sunday.
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Jet Fuel Prices At All-Time High In India After Steepest-Ever Hike Of 16%
Jet fuel prices were today hiked by the steepest ever 16 per cent to catapult rates to an all-time high in step with hardening international oil rates.
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India's Airlines Seek Emergency Credit From Oil Firms, Airports: Report
Airlines in India are asking the government to help them obtain unsecured credit from oil companies and airports, as fuel-price increases push them deeper into losses and imperil their survival. Competition and aggressive pricing are stopping fares from rising to reflect higher input costs, the Federation of Indian Airlines said in a letter sent to...
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No Bail-Out For Jet Airways; Learn To Run Airline Smoothly, Says Minister
The Central government today ruled out the possibility of providing any financial bail-out or leeway to cash-strapped Jet Airways, stating that it's the prerogative of the company's management to implement policies to ensure smooth functioning of the airline.
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900 Aircraft Orders Show Aviation Sector Set To Take Off, Says PM Modi
Prime Minister Narendra Modi today said that the orders for over 900 aircraft, posted by airlines over the last one year, showed the aviation sector in the country is poised for huge growth.
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Airfares Likely To Go Up, Jet Fuel Prices Hiked Sharply
This the third consecutive monthly hike in aviation turbine fuel price, the last being by 4% on September 1.
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Airbus Concedes Defeat To Boeing In Paris Air Show
Boeing outpaced its rival Airbus in terms of new orders at this year's Paris Air Show thanks to its new 737 MAX 10 airliner, taking in a total of 571 orders for nearly $75 billion.The 737 MAX 10 is aimed at the biggest part of the commercial airline market -- single-aisle aircraft for medium-range flights -- and scooped up 326 orders worth nearly $...
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No Predatory Fare in Airlines, Says Spicejet Chief
If airlines have resorted to predatory pricing, they would not have made losses in the past 10 years. That's what Ajay Singh, chief of the low cost airline, Spicejet, told NDTV, responding to why airlines have not reduced fares despite aviation fuel dropping by as much as 40 per cent in the past one year.
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PM Modi Wants Cheaper Airfares, Airlines to be Told
Prime Minister Narendra Modi wants passengers to benefit from this week's deep cut in aviation turbine fuel or ATF prices, the Centre has communicated to private airlines.
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US Airlines Surge But Clouds May be Ahead
Major US airlines are facing a boon thanks to lower fuel prices and enjoying record profits, but doubts remain as to whether the industry can reach long-term profitable levels.
-
Air fares take-off: passenger holiday plans hit
Sky rocketing air fares have hit Diwali holiday plans of many. Blaming high jet fuel prices and a devaluation of the rupee, airlines across the board have hiked domestic air fares by almost 30 per cent.
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Air India decides to sell five of its Boeing aircraft
Air India has decided to sell five out of its eight Boeing 777-200LR aircraft owing to change in market dynamics due to global recession, steep increase in fuel prices and poor yields on non-stop routes, Parliament was informed on Wednesday.
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Plane tickets stay pricey even as fuel price falls
You would be right to assume that if domestic airlines increase fares when oil companies raise aviation fuel prices, then similarly when oil companies reduce prices they should pass on the benefit of this reduction in cost to passengers. But, even after five cutbacks in fuel prices in recent months, airlines haven't on a single occasion made any an...
-
Flight Ticket Prices Shoot Up As IndiGo Introduces "Fuel Charge". Check Distance-Wise Cost
Airfares are set to shoot up as one of India's largest airlines IndiGo has introduced a distance-based "fuel charge" on domestic and international routes.
-
Analysis: Jet Fuel Prices Hiked, Airfares To Go Up Again This Festive Season
The triple whammy of increasing jet fuel prices, GoFirst filing for insolvency, and the seat capacity of airlines remaining low is all set to hurt the wallets of flyers again this festival season.
-
Rakesh Jhunjhunwala, Known As 'India's Warren Buffet', Set For Take-Off With New Airlines
The world is gripped by recession fears, jet fuel prices are sky-high, and aviation is a notoriously fickle industry. But the billionaire dubbed "India's Warren Buffett" is launching an airline on Sunday.
-
Jet Fuel Prices At All-Time High In India After Steepest-Ever Hike Of 16%
Jet fuel prices were today hiked by the steepest ever 16 per cent to catapult rates to an all-time high in step with hardening international oil rates.
-
India's Airlines Seek Emergency Credit From Oil Firms, Airports: Report
Airlines in India are asking the government to help them obtain unsecured credit from oil companies and airports, as fuel-price increases push them deeper into losses and imperil their survival. Competition and aggressive pricing are stopping fares from rising to reflect higher input costs, the Federation of Indian Airlines said in a letter sent to...
-
No Bail-Out For Jet Airways; Learn To Run Airline Smoothly, Says Minister
The Central government today ruled out the possibility of providing any financial bail-out or leeway to cash-strapped Jet Airways, stating that it's the prerogative of the company's management to implement policies to ensure smooth functioning of the airline.
-
900 Aircraft Orders Show Aviation Sector Set To Take Off, Says PM Modi
Prime Minister Narendra Modi today said that the orders for over 900 aircraft, posted by airlines over the last one year, showed the aviation sector in the country is poised for huge growth.
-
Airfares Likely To Go Up, Jet Fuel Prices Hiked Sharply
This the third consecutive monthly hike in aviation turbine fuel price, the last being by 4% on September 1.
-
Airbus Concedes Defeat To Boeing In Paris Air Show
Boeing outpaced its rival Airbus in terms of new orders at this year's Paris Air Show thanks to its new 737 MAX 10 airliner, taking in a total of 571 orders for nearly $75 billion.The 737 MAX 10 is aimed at the biggest part of the commercial airline market -- single-aisle aircraft for medium-range flights -- and scooped up 326 orders worth nearly $...
-
No Predatory Fare in Airlines, Says Spicejet Chief
If airlines have resorted to predatory pricing, they would not have made losses in the past 10 years. That's what Ajay Singh, chief of the low cost airline, Spicejet, told NDTV, responding to why airlines have not reduced fares despite aviation fuel dropping by as much as 40 per cent in the past one year.
-
PM Modi Wants Cheaper Airfares, Airlines to be Told
Prime Minister Narendra Modi wants passengers to benefit from this week's deep cut in aviation turbine fuel or ATF prices, the Centre has communicated to private airlines.
-
US Airlines Surge But Clouds May be Ahead
Major US airlines are facing a boon thanks to lower fuel prices and enjoying record profits, but doubts remain as to whether the industry can reach long-term profitable levels.
-
Air fares take-off: passenger holiday plans hit
Sky rocketing air fares have hit Diwali holiday plans of many. Blaming high jet fuel prices and a devaluation of the rupee, airlines across the board have hiked domestic air fares by almost 30 per cent.
-
Air India decides to sell five of its Boeing aircraft
Air India has decided to sell five out of its eight Boeing 777-200LR aircraft owing to change in market dynamics due to global recession, steep increase in fuel prices and poor yields on non-stop routes, Parliament was informed on Wednesday.
-
Plane tickets stay pricey even as fuel price falls
You would be right to assume that if domestic airlines increase fares when oil companies raise aviation fuel prices, then similarly when oil companies reduce prices they should pass on the benefit of this reduction in cost to passengers. But, even after five cutbacks in fuel prices in recent months, airlines haven't on a single occasion made any an...
