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Sticky High Airfares Do Not Herald End Of Cheap Air Travel
Airfares remained elevated in contrast with the Indian aviation's legacy of being a price-sensitive market.
28 Mar 2023, 07:37 AM IST
Sky-high airfares have become the defining feature of air travel in India over the last few months as ticket prices remained elevated even after the peak festive season and the passenger traffic showing no signs of slowing.The situation contrasts with the Indian aviation's legacy of being a price-sensitive market, where the dominant low-cost airlines often get caught in a downward spiral of lowering ticket prices to attract the flyer...
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