India has recorded the highest surge in airfares among other countries in Asia Pacific and Middle East, which is seen as a ‘threat’ to the civil aviation industry’s long-term recovery. According to the Airports Council International (ACI Asia-Pacific), there has been a 41% hike in the airfare in India, followed by United Arab Emirates (34%), Singapore (30%) and Australia (23%).
The central government said that the rise in airfares have been seen on select routes. Moreover due to the Centre’s intervention, prices have reduced by 60%.
Earlier, Union aviation minister Jyotiraditya Scindia said the airlines had been conveyed about ensuring to keep ticket prices within a certain limit. The Union civil aviation ministry has also given a clarification on the factors behind dynamic airfares and reasons behind their rise.
