It‘s peak season but air tickets are going cheap, thanks to price war

Will airlines fighting a bitter price war even in the peak festival season suffer the same fate as telcos where a similar battle has led to closures and a consolidation of the industry? The closure of Jet Airways was the first signal that consolidation was underway in a market with eight players in the fray. Many analysts had hoped that, with less competition, airlines would regain their pricing power and air fares would move northwards.

But that expectation seems to have been short lived. In October, the festival season when demand is at its peak, air fares for metro routes on …

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Will airlines fighting a bitter price war even in the peak festival season suffer the same fate as telcos where a similar battle has led to closures and a consolidation of the industry? The closure of Jet Airways was the first signal that consolidation was underway in a market with eight players in the fray. Many analysts had hoped that, with less competition, airlines would regain their pricing power and air fares would move northwards.

But that expectation seems to have been short lived. In October, the festival season when demand is at its peak, air fares for metro routes on …

.bs-title{width:195px;padding-right:5px;font-size:11px;font-weight:700;color:#000;line-height:20px;vertical-align:middle;display:inline-block;font-family:‘Open Sans‘,sans-serif}.container-data-resize .top .right .text01{font-size:14px;color:#303030;font-weight:700;padding:0 0 10px 0;width:100%;margin-bottom:0;font-family:‘Open Sans‘,sans-serif;line-height:20px;text-align:center}

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TRENDING ON BS

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Business Standard is happy to inform you of the launch of “Business Standard Premium Services”

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  • Weekly Industry/Genre specific newsletters – Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ at a great price. No additional sign-up required.

 

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Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the to discover the benefits of this programme.

Enjoy Reading!
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