Airfares are likely to fall up to 40% on an expected increase in the number of flights, following the government’s go-ahead for resumption of regular international air travel from March 27, expressed industry executives.
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The airline company is challenging the Madras High Court division bench order that had on December 7 upheld its single judge’s decision to wind up the company.
Following lengthy discussions, Lufthansa Group is going to acquire 40% stake in Italy’s newly-created flag carrier ITA Airways.
Luxembourg’s flag carrier Luxair had expressed an interest in Airbus A220-500, much-anticipated addition to the A220 family.