INDIAN AIRLINES TO LOWER FARES IN LINE WITH COMMERCIAL CARRIERS

Dino D'Amore
By Dino D'Amore December 17, 2010 10:58

INDIAN AIRLINES TO LOWER FARES IN LINE WITH COMMERCIAL CARRIERS

Indian private airlines are being forced to fall into line with new government measures to restrain steep fare rises. Because domestic air fares rose sharply over the past two months, with last-day fares almost doubling, on supply constraints, airlines were deemed to be trying to maximise revenue in a competitive market. This prompted government action to curb increases and cap gains for airlines from higher spot fares.

Dino D'Amore
By Dino D'Amore December 17, 2010 10:58
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