Tag: airfares

Domestic tourism cushions India as West Asia crisis, high airfares hit international travel

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Domestic tourism cushions India as West Asia crisis, high airfares hit international travel

Travel & Tourism Fair, Mumbai 2026 | Photo Credit: Special Arrangement India’s domestic tourism market is emerging as a key cushion for the travel and tourism sector as the West Asia crisis, currency fluctuations, visa challenges and a sharp rise in Aviation Turbine Fuel (ATF) push up international airfares and reshape traveller preferences, industry officials…

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Global aviation struggles with lack of planes as summer travel set to hit record levels; leasing market booms in the U.S.

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Global aviation struggles with lack of planes as summer travel set to hit record levels; leasing market booms in the U.S.

Representational file image. | Photo Credit: AP The global airline industry is facing a summer squeeze, with travel demand expected to surpass pre-pandemic levels while aircraft deliveries drop sharply due to production problems at Boeing and Airbus. Air carriers are spending billions on repairs to keep flying older, less fuel-efficient jets, and paying a premium…

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