Aviation Industry Execs Say As many as 60 airlines from 40 countries can now fly to India during the summer schedule, which will be from today till October 29.
International flights restarted in India today after
Regular international flights restarted in India today after almost two years. For the last two years, international flights had been operating in an “air bubble” agreement with several countries due to the COVID-19 pandemic.
Under the previous “air bubble” agreements, the number of flights was restricted to some 2,000 a week and ticket prices had soared high. As many as 60 airlines from 40 countries can now fly to India during the summer schedule, which will be from today till October 29.
Industry experts see this as a sign of hope and say that there could be some airfare relief for passengers. But the continuing Ukraine war would also play a role. Fuel costs have risen steeply in the last month since Russia launched a military operation in Ukraine.
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Every time capacity is grown, airfares do head downwards. The only complicating factor this time is the war in Ukraine which is resulting in oil prices spiking,” says Sanjiv Kapoor, incoming CEO at Jet Airways.
Consumer sentiment is very positive right now. International flights opening up is welcome news. Our recent survey suggests an all-time high in people wanting to travel,” says Aloke Bajpai, the co-founder of travel portal Ixigo.
MakeMyTrip group CEO Rajesh Magow echoes the sentiment saying that there has been a 40 percent growth in month-on-month searches. The dampener still is the fares due to the war,” warns Mr. Magow.
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