{"id":303407,"date":"2019-11-29T11:21:29","date_gmt":"2019-11-29T05:51:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303407"},"modified":"2019-11-29T11:21:29","modified_gmt":"2019-11-29T05:51:29","slug":"airlines-face-more-turbulence-as-fares-plunge-in-peak-month","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airlines-face-more-turbulence-as-fares-plunge-in-peak-month\/","title":{"rendered":"Airlines face more turbulence as fares plunge in peak month"},"content":{"rendered":"<p>Airfares on India\u2019s most popular routes have nosedived over the past month when demand is usually the strongest during a year in a worrying sign that one of the roughest stretches for the domestic aviation industry may not witness a quick turnaround, industry executives said on Thursday.<\/p>\n<p>Average ticket prices between 25 October- 25 November for bookings made within a two-week window on several routes are 25% to 35% lower compared to the year-ago period, according to data from online travel company Cleartrip. Traditionally, bookings made in a two-week span prior to a flight command the highest rates.<\/p>\n<p>After suffering heavy losses in the September quarter, airlines were pinning their hopes on the busy October-December quarter to turn back into profit. But industry officials now said that their fortunes are unlikely to change soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airfares on India\u2019s most popular routes have nosedived over the past month when demand is usually the strongest during a year in a worrying sign that one of the roughest stretches for the domestic aviation industry may not witness a quick turnaround, industry executives said on Thursday. Average ticket prices between 25 October- 25 November for bookings made within a two-week window on several routes are 25% to 35% lower compared to the year-ago period, according to data from online travel company Cleartrip. Traditionally, bookings made in a two-week span prior to a flight command the highest rates. After suffering [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-303407","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=303407"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303407\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}