Bhopal, May 23 (IANS) Raising concern over soaring airfares between India and Gulf countries, Rajya Sabha Congress MP Vivek Tankha has appealed to the Centre to step in with immediate corrective measures, saying the sharp increase in air ticket prices was severely affecting lakhs of Indian families dependent on annual travel to their hometowns. In a letter addressed to the Union Finance Minister Nirmala Sitharaman, External Affairs Minister S. Jaishankar and Civil Aviation Minister Kinjarapu Ram…
Latest Airfares News & Updates
New Delhi, May 16 (IANS) The Delhi government on Saturday announced a major reduction in Value Added Tax (VAT) on Aviation Turbine Fuel (ATF), bringing the levy down from 25 per cent to 7 per cent in a move aimed at easing operational costs for airlines and providing relief to air passengers.According to the Chief Minister’s Office, the decision is expected to lower fuel expenses for carriers operating from the national capital and help improve the overall viability of airline operations.“De…
New Delhi, May 15 (IANS) The Supreme Court on Friday orally remarked that there has to be some “rationalisation” in airfares charged by private airlines, while hearing a PIL seeking regulatory guidelines to check unpredictable fluctuations in ticket prices and additional charges during festive seasons and holidays. “Try to give some relief to people. On the same day, flights to the same destination — one airline charges Rs 8,000 while another charges Rs 18,000 in economy class. There has…
Seoul, May 6 (IANS) South Korea’s consumer prices rose at the fastest pace in 21 months in April, driven by soaring fuel costs amid the Middle East conflict, government data showed on Wednesday.Consumer prices, a key gauge of inflation, increased 2.6 percent from a year earlier last month, according to the data from the Ministry of Data and Statistics. It marks the largest on-year increase since July 2024, when inflation climbed 2.6 percent, reports Yonhap news agency.The latest rise was driven …
Wellington, April 21 (IANS) New Zealand will provide targeted financial support to small, rural and isolated schools to ease pressure from rising fuel costs, a senior official has said. “Global fuel price volatility is hitting some schools harder than others, particularly those that rely on diesel and where students face longer distances when travelling to and from school,” Education Minister Erica Stanford said in a statement.The government will invest 37 million NZ dollars to replace diesel bo…
New Delhi, Feb 23 (IANS) The Central government on Monday informed the Supreme Court that the issue of volatile airfares and add-on fees charged by private airlines during festive seasons and holidays is being examined at the highest level. A bench of Justices Vikram Nath and Sandeep Mehta was hearing a public interest litigation (PIL) challenging the “opaque, exploitative, and algorithm-driven” pricing practices in India’s civil aviation sector, as well as the reduction in complimentary check…