14.5 C
London
Saturday, September 24, 2022

Airline tickets may become more expensive this holiday season, because from now on there are no maximum ticket prices

Must read

Is Kylie Minogue gay? Find all the details about the Australian pop star’s sexuality and personal life!

Australian pop icon Kylie Minogue is a popular name in the entertainment industry and needs no introduction. In a prolific career spanning several...

Is Florence Pugh gay? Full details about Midsommar Star’s personal life, sexuality and career

'She is as beautiful as she is talented' yes, we are talking about British actress Florence Pugh. With several critically acclaimed performances throughout...

Release date announced! Another banger is coming

Sky1's Babylon Berlin is a neo nori German crime drama series. Volker Kutscher's Berlin crime series Gereon Rath. The show revolves around...

Texas police investigate use of force after video circulates of a cop hitting a student against a lunch cart

Police in Irving, Texas, are investigating a cop's use of force after a video showing the cop throwing a student into a lunch cart...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

As of August 31, there will be no cap on ticket prices, and airlines have flexibility in setting flight tickets.



However, experts said strong competition among the airlines could lead to benefits for fliers and many airlines could offer discounts according to the requirements.

Aviation expert Harshvardhan said: “The move will give airlines flexibility in determining airline tickets and airlines can charge fees according to their policies. The maximum price for airline tickets has been more on the higher side. A new airline has arrived and there is competition in the industry To attract travelers, some airlines are likely to come up with offers.”

An industry source said airlines have the freedom to decide on airfare prices depending on prevailing market conditions. They may raise prices during the holiday season, as higher rates will increase margins, he said.

Previously, the Ministry of Civil Aviation had said that after assessing the current status of Planned Domestic Operations In view of passenger demand for air travel, it has been decided to remove the fare groups reported from time to time in relation to the airline tickets with effect from 31 August.

The ministry had imposed upper and lower limits on air tickets following the resumption of services in May 2020 following the first two-month nationwide lockdown to contain the spread of Covid-19. Thereafter, the limits were gradually relaxed in line with the improvement of air traffic in the country.

The lower limits were intended as a relief for airlines struggling after the Covid-19 pandemic. At the same time, the upper limits for airline tickets have been established to ensure that passengers do not have to pay a significant amount for air travel.

Previously, there were discussions about abolishing the tariff bands for domestic airline tickets between the stakeholders, including the government and airlines. Airlines were of the opinion that removing the tariff caps is necessary for a full recovery of domestic air traffic.

ALSO SEE:
This multi-cap fund has survived some of the worst market cycles and still delivers the highest returns

Warren Buffett sells $47 million stake in Chinese EV company BYD

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Is Kylie Minogue gay? Find all the details about the Australian pop star’s sexuality and personal life!

Australian pop icon Kylie Minogue is a popular name in the entertainment industry and needs no introduction. In a prolific career spanning several...

Is Florence Pugh gay? Full details about Midsommar Star’s personal life, sexuality and career

'She is as beautiful as she is talented' yes, we are talking about British actress Florence Pugh. With several critically acclaimed performances throughout...

Release date announced! Another banger is coming

Sky1's Babylon Berlin is a neo nori German crime drama series. Volker Kutscher's Berlin crime series Gereon Rath. The show revolves around...

Texas police investigate use of force after video circulates of a cop hitting a student against a lunch cart

Police in Irving, Texas, are investigating a cop's use of force after a video showing the cop throwing a student into a lunch cart...

Netflix Edition of Night School’s ‘Oxenfree’ Now Available to Play on iOS and Android • londonbusinessblog.com

Netflix is ​​adding Oxenfree, the popular supernatural mystery thriller game created by Night School Studio, to its game offering. Oxenfree: Netflix Edition is...