More domestic flights this winter, but fares rise 30%

October 11, 2013

Flights_fares_riseNew Delhi, Oct 11: Air travelers should not expect any relief from sky-high domestic airfares this festive season which are up by over 30% since August despite airlines increasing domestic flights in coming winter. Airlines will operate about 11,900 weekly domestic flights — 3% more than the summer schedule but still way less than the figure of 13,500 seen two years back when Kingfisher Airlines (KFA) was still flying. The drastic drop in domestic capacity from KFA days will mean that fares remain high despite the hike in flights from this summer to winter.

The aviation ministry has approved the domestic winter schedule of 11,886 weekly flights, up from the summer figure of 11,541. Air India, Jet Airways and Alliance Air will operate less domestic flights than their summer schedule and other airlines have added some flights, said sources.

"One-way fares on all important metro routes like Delhi to Mumbai or Kolkata are about Rs 10,000 if the ticket is bought within seven days of travel date. Earlier fares would shoot up during the peak of peak travel seasons like Puja holidays or Diwali. Now they are consistently high and will remain so unless the capacity increases with the new Tata airlines or fuel prices drop or there is some miracle," said Anil Kalsi, of Delhi-based Ambey Travels. The fares are about 25% to 30% higher than the summer rates.

Travel industry insiders say that given the way loss-making domestic airline industry (with the exception of IndiGo) is cutting domestic flights and using their planes on the more profitable foreign routes, fares for flying within the country will remain high. The only relief, they say, will come when Tata Sons launch their budget airline with AirAsia and the full service carrier with Singapore Airlines.

On their part, airline officials say that the government must rationalize operating costs, without which offering low fares would only mean ending up like Kingfisher. Mounting losses and capacity drop since Kingfisher shut down has led to a drastic hike in fares. Indian airlines have collectively lost Rs 53,650 crore from 2007 to 2013 and their total debt-cum-dues on March 31, 2013, were a staggering 1.07 lakh crore, according to the Centre for Asia Pacific Aviation.

The winter of 2011 (when trouble in Kingfisher had just started) saw 13,541 weekly domestic flights. This was possibly the highest ever capacity witnessed in the domestic market. Then Kingfisher started truncating its flight schedule. The summer of 2012 saw about 13,000 weekly flights with Kingfisher accounting for 2,500 of them. This number kept falling till the airline shut down on September 30, 2012. As a result, last winter saw just 10,935 weekly domestic flights.

"Domestic air travel is showing a declining trend while international travel to and from India has been rising constantly by 11%. We will see airline use more capacity on foreign routes. The domestic capacity will now rise — and possibly fares will fall — only when the two new Tata airlines are launched," said a senior official.

Weekly domestic flights

Winter 2011: 13,541 (trouble starts in Kingfisher)

Summer 2012: Slightly over 13,000 (Kingfisher has over 2,500 flights but keeps reducing them before shutting down on Sept 30)

Winter 2012: 10,935

Summer 2013: 11,541

Winter 2013: 11,886

Impact on fares: Lower capacity, higher losses and operating costs send fares zooming by over 30% this winter over summer

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 21,2020

Thiruvananthapuram, Feb 21: Hindu temples, dedicated to Lord Shiva, witnessed heavy rush on Friday as devotees celebrated Maha Shivratri festival with traditional zeal and religious fervour across Kerala.

Cutting across age barriers, devotees, including women and children, thronged small and big shrines since early morning to offer prayers and take part in special poojas and rituals on the occasion.

Devotees used to mark the auspicious occasion by observing 'orikkal' (fasting), dedicating the leaves of Koovalam plant, which is considered holy according to Hindu tradition, to the Lord and by abandoning their sleep chanting 'Om Nama Shivaya' mantras.

Ardent devotees even remain awake throughout the night and spend their whole day in temples.

The Sreekandeswaram Mahadeva Temple here, Vadakkunnathan temple in Thrissur and Maha Deva temple in Vaikom were among the major shrines which witnessed heavy rush since early morning.

Temple authorities, especially Devaswom Boards which manage many major shrines in the state, have made elaborate arrangements in Shiva temples to ensure smooth darshan for devotees.

All arrangements have been put in place on the banks of River Periyar in Aluva in Ernakulam for 'Balitharppanam', a ritual in which people pay obeisance to their ancestors.

Performing the ritual on the midnight of Shivratri is considered auspicious by devotees.

Hundreds of 'bali taras' (specially erected platforms) have been set up on the banks of the river to perform the ritual and a large number of priests have been deployed to assist devotees.

Thousands of police personnel were deployed in view of the large turnout of devotees.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
May 26,2020

New Delhi, May 26: The in-fighting among the residents of housing societies over feeding of stray dogs is nowhere near ending, with yet another attack on a pregnant Russian woman again in the national capital region this time in Noida.

The Russian woman residing in a condominium in Noida's Sector 71 was allegedly attacked by two men for feeding foundling canines inside the complex.

"We have initiated an inquiry and a case has been registered against the men for voluntarily causing hurt and criminal intimidation," Amit Kumar Singh, Station House Officer of Phase 3 police station told IANS.

The police said that the victim is married to an Indian man and they live in that society.

The issue was raked up on social media by one of the residents of the society. Her post had even solicited a response and help from the Noida Police Commissioner.

Kaveri Rana Bharadwaj wrote, "Mob led by Vikas Sharma, and Mr. Chauhan beat up a pregnant woman in Jagriti Apartment, Sector 71 Noida. Request you to immediately arrest these men and provide security to the scared woman!"

When contacted, a member of the Resident Welfare Association (RWA) of the society said that the allegations levied by her are false and that he, along with a handful of other people, had only asked her not to feed the dogs.

Vikas Sharma divulged, "The woman was called at the society gate by the members of the RWA. When she was asked not to feed the street dogs, she became aggressive, started fighting with the residents of the society and even pushed a 70-year-old woman. The complaint that she registered against us is false. We did not even touch her."

He added that there are 70-80 street dogs in the society who have lately become extremely aggressive. "The lady was asked not to feed them as people feared stepping out of their houses and getting bitten."

In another incident on Tuesday, a Greater Noida man beat up a Chinese woman for allegedly fostering a stray dog which bit his canine.

Greater Noida District Commissioner of Police Rajesh Kumar Singh told IANS that the man named Amar Pratap Singh of ATS Paradiso misbehaved with the woman after his dog was bit by another dog who she used to feed every day.

The incident happened in the wee hours of the day when the accused took his dog out for a walk. "After his dog was bitten, in a fit of rage, he misbehaved with the Chinese woman." A Non-Cognizable Report (NCR) has been registered and no arrests have been made so far, the police said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 27,2020

Mumbai, Mar 27: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the world could slip into recession in the coming days to the coronavirus crisis.
"The MPC noted that global economic activity has come to a near stand-still as COVID-19 related lockdowns and social distancing are imposed across a widening swath of affected countries. Expectations of a shallow recovery in 2020, from 2019's decade low in global growth, have been dashed," Das said.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the world will slip into recession," he added.
The RBI Governor further added that "the implied GDP growth of 4.7 per cent in Quarter 4 of 2019-20, in the second advance estimates of the National Statistics Office which was released in February 2020, within the annual estimate of 5 per cent for the year as a whole is now at risk."
As per the outlook for the year 2020-21, Das said, "Apart from continuing resilience of agriculture and allied activities most other sectors of the economy will be adversely impacted by the pandemic depending upon, its intensity, spread and duration."
Das also announced a reduction in the repo and reverse repo rates for banks.
"The repo rate has been reduced by 75 basis points to 4.4 per cent. The reserve repo rate has been reduced by 90 basis points to 4 per cent," Das said addressing the media.
The decision for "a sizeable reduction" in the policy repo rate, according to the RBI Governor was taken to "revive growth and mitigate the impact of COVID-19 and ensure financial stability." 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.