Get latest articles and stories on Business at LatestLY. Airfares in key markets in Asia-Pacific and the Middle East rose sharply even as airport charges have remained steady since the pandemic. A study conducted by Airports Council International Asia-Pacific in collaboration with Flare Aviation Consulting on airfare trends in the region found highest airfare increase was in India (41 per cent), followed by the United Arab Emirates (34 per cent), Singapore (30 per cent) and Australia (23 per cent). Business News | Rise in Airfare Highest in India Among Asia Pacific, Middle East Markets Since Pandemic: Report.
Soaring ticket prices are lining the pockets of the world’s biggest airlines, providing balm to the economic wounds suffered during the travel lockdowns of Covid-19. But as the industry takes off, airports say they’ve been forgotten at the gate.
Post-COVID, soaring ticket prices are lining the pockets of the world’s biggest airlines. But as the industry takes off, airports say they’ve been forgotten at the gate.