During the last press briefing, Civil Aviation Minister Hardeep Singh Puri made a very crucial announcement about the airfares between the US and India, for the flights run by Air India.
How much can the fares come down? And what is the logic behind the fare system?
Aviation Minister: US-India Flight Fare Will Come Down
During the press meet, Aviation Minister Hardeep Singh Puri informed that the airfares between US and India will definitely come down from August onwards.
Although he didn’t share any timeline, but he informed that as more international flights are resumed, and the market dynamics are stabilized, fares will come down.
As per India.com, an unnamed official said, “US ticket prices will come down more,”
During the press meet, while responding to a question by a journalist, Govt official informed that when the Vande Bharat mission started, one-way flight tickets from US to India was priced Rs 100,000, which went down to Rs 75,000 within few weeks.
Now, this fare will be further reduced, as more and more flights are resumed.
What Is The Logic Behind Fare System?
As per the Minister, when the flights started, Air India carried empty flights from India to the US, and this resulted in more expensive flights.
But then, gradually, Air India started ferrying foreigners, NRIs from India to the US, and some cargo assignments were carried on, which helped Air India to generate revenues, and this helped them to reduce the airfares.
This was important to understand since it was alleged that United Airlines is operating flights between US to India which will upto 43% cheaper.
But now, Air India will further reduce the flights’ fares, and this will benefit the passengers.
New Flights Resumes Between India and US
As we reported earlier, flights between India and US have started from July 17th, as ‘air bubbles’ have been determined and finalized.
More international flights between India and France, Germany is also all set to resume.
Meanwhile, as per reports, private operators in India: Indigo and Spicejet may soon start their own long-distance flights to UK and Europe.
We will keep you updated, as more details come in.
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