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Buoyant global economy to drive up airfares, hotel rates - forecastGlobal travel prices are expected to rise sharply in 2019, with hotels going up 3.7 per cent, and flights 2.6 per cent, driven by a growing global economy and rising oil prices, according to an industry forecast. Airfares are like More… |
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Indian panel calls for cap on inflated Gulf airfaresA parliamentary panel is pushing the Indian government to put a cap on the "artificially created exorbitant airfares" charged by Indian airlines operating between India and the Gulf, said a report. The move comes amid gr More… |
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Airfares may go up to offset soaring oil pricesAn industry-wide rise in airfares may be imminent to help offset soaring oil prices that threaten to stall the global aviation sector's recovery, a report said. Australian airline Qantas may raise prices and fuel surcharges if global c More… |
