The Big Three of Indian aviation came together and the Hindustan Times Leadership Summit 2008 and faced an inevitable question. They were asked when the airfares would be cut even as aviation turbine fuel price has been cut. But private airlines don't seem to be in a mood to oblige.
It means 16-17 per cent cut in ATF prices.
http://www.ibnlive.com/news/govt-airlifts-aviation-sector-scraps-atf-duty/77185-7.html
The aviation industry globally is undergoing tough times.
http://www.ibnlive.com/news/kingfisherjet-alliance-inevitable-for-survival-gopinath/75749-7.html
Jet, Kingfisher Airlines are set to hike fares. More carriers are likely to follow.
http://www.ibnlive.com/news/forget-cheap-travel-air-fares-set-to-rise-sky-high/46604-7.html
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