Airfares News | Airfares May See Sharp Hike Next Month. Here's Why
India's aviation sector is heading into turbulence, with a sharp global spike in jet fuel prices threatening to drive up airfares from April 1 and squeeze airline finances. Triggered by escalating tensions in the Middle East and the removal of airfare caps by the government, the surge is expected to translate into higher ticket prices across domestic and international routes, even as airlines warn there is limited room to pass on the burden without hurting demand.
