SUBSCRIBERS
Price war in Indian skies threatens to erase carriers' gains from cheap oil
Published Tue, Dec 20, 2016 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New Delhi
AIR travellers globally are bracing for higher fares after OPEC decided last month to cut output. Not in India, the world's fastest-growing major aviation market.
Carriers cut fares in November, selling tickets about 12 per cent cheaper on average for Mumbai-New Delhi flights from a year ago, according to Yatra.com, India's No 2 online travel agency. The steepest discounts were as much as 30 per cent for the world's seventh-busiest local route.
Share with us your feedback on BT's products and services