Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

41% surge in airfares likely to slow down industry’s long-term recovery

IANS
Updated: July 9th, 2023, 16:16 IST
in Business
0
Plane
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Air travel has become an integral part of people’s lives, offering convenience and speed when it comes to covering long distances.

In recent years, the Indian aviation industry has experienced significant growth, with a surge in the number of passengers opting for air travel. However, with this growth comes certain challenges, one of them being the frequent fare hikes imposed by airlines.

Also Read

Cockroach Janta Party

‘Cockroach Janta Party’ goes from meme to trademark race

22 hours ago
Odisha Govt

Odisha, Japan’s Tottori discuss friendship pact to boost cooperation

23 hours ago

According to the Airports Council International (ACI Asia-Pacific), India has recorded the highest surge in airfares among other countries in the Asia Pacific and Middle East regions.

The rise in airfares in India, which stands at 41 per cent, has raised concerns about the long-term recovery of the civil aviation industry.

Other countries experiencing significant fare hikes include the United Arab Emirates (34 per cent), Singapore (30 per cent), and Australia (23 per cent).

The Central government has claimed that the rise in airfares is limited to select routes.

Last month, Union Civil Aviation Minister Jyotiraditya M. Scindia emphasised the importance of maintaining reasonable airline ticket prices following the resumption of domestic air travel after the Covid-19 lockdowns.

Earlier, in a meeting with the Airlines Advisory Group, the minister expressed the need for maximum prices to be within an acceptable range and conveyed this message clearly to the airlines.

Scindia had said that it is crucial to avoid exorbitant prices, especially considering recent incidents such as the Go First situation, as well as other unforeseen events or emergencies.

He emphasised that the government cannot permit prices to escalate beyond what is justifiable while saying that they are monitoring the fares on a daily basis.

To regulate fares, the airlines were urged to self-monitor prices, particularly on routes previously served by the grounded Go First airline.

“The objective is to ensure that air travel remains affordable and accessible for passengers, while also taking into account the various challenges faced by the aviation industry,” Scinida had said while addressing a press conference here in Delhi.

Since the repeal of the Air Corporations Act in 1994, airfares in India have not been regulated by the government. Airlines have been granted the freedom to charge reasonable fares based on their operational viability, subject to compliance with Rule 137 of the Aircraft Rules, 1937. The Directorate General of Civil Aviation (DGCA) acts solely as an aviation safety regulation body and does not determine airline tariffs.

The recent surge in airfare can be attributed to the rise in aviation turbine fuel (ATF) prices and supply chain disruptions following the Ukraine-Russia war. These factors have contributed to the hike in airfares, as stated by the ministry.

“As the Indian aviation industry continues to grapple with fare increase challenges, finding a balance between affordability and operational viability remains a crucial task. Ongoing discussions and collaboration between the government, airlines, and industry stakeholders are necessary to address the concerns of travellers while ensuring the sustainable growth of the civil aviation sector,” said an expert.

IANS

Tags: AirfareaviationFlightIndia
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019

Archives

Editorial

Canine Question

Supreme Court, Stray dog
May 20, 2026

Love is a supreme feeling that brings unalloyed joy to the one who gives it and also to the one...

Read moreDetails

Thucydides Trap

Pic- AP
May 19, 2026

It may sound strange why Chinese President Xi Jinping during his recent meeting with US President Donald Trump in Beijing...

Read moreDetails

Negatively Positive

N Chandrababu Naidu
May 18, 2026

Over the decades, since Independence, India’s southern states have achieved great success in population control with their governments aggressively promoting...

Read moreDetails

Exclusion Drive

Aakar Patel
May 17, 2026

By Aakar Patel Nowadays for a homeless person to fulfi ll the requirement of a place of residence, ‘The BLO...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST