Jun 20, 2008
The steep increase in fuel prices have left everyone troubled. Airlines, especially budget airlines have been loosing a lot of money since bulk of their expenses is on fuel. Spice Jet recently announced of big losses ahead. Airlines have been cutting down on less profitable routes flying to smaller destinations. It looks like things can only get worse as long as the fuel prices remain this high or go further.
That is leaving airlines with no choice but to increase prices. At least temporarily, it looks like days of cheap flights are behind us. A quick search for airfares asserts the same story.
To make a sample, a Bangalore - Delhi one way flight booked two weeks ahead would have approximately cost Rs.3,500 a year ago, which base price at Rs.1,500 and remaining made up of taxes. For the same criteria, the minimum fare today is near Rs.5,400 with taxes and surcharges making bulk of it.
Another round of fare hike is due from major airlines today, making flying dearer again. Business Standard has a summary of hikes.
Almost every bad news has a silver lining(though we have to look hard for one in this case). We should still be happy that our airlines haven't got as ruthless as their counterparts in the US, charging for first checked in luggage and every other possible convenience. Besides, we all had got used to flying away at the slightest possibility in the last few years, which is one of the least environment friendly way to travel(unless you drive a Hummer, it may be the worst). At least we will have some clean air in the days to come.
Comments for Blog Post:
By mark9839| Posted on:25 Aug 2010
The initiative taken for the concern is very serious and needs
attention of every one. This is the concern which exists in the
society and needs to be eliminated from the society as soon as