Will Air Travel Become Expensive As Airlines Ground More Flights?

Air Travel  More people are packing their bags as India’s travel industry is expected to grow at 12-14 per cent in FY25, according to Crisil. However, turbulence looms as domestic air passenger traffic might skyrocket, potentially sending aviation fares in the air due to demand-supply imbalances.Last year’s report projected that nearly 200 out of nearly 800 fleets could face grounding by FY24, even as domestic air traffic continues to rise. This surge in demand threatens to outpace supply,…
Read More…

Source: https://business.outlookindia.com/amp/story/news/air-fares-will-air-travel-become-expensive-as-airlines-ground-more-flights