Fares Crash as Air­lines Lose Pric­ing Power

The Economic Times - - Front Page -

Air­lines have seen as much as a 35% de­cline in av­er­age do­mes­tic fares in the three months through Jan­uary, as de­mon­eti­sa­tion took away their pric­ing power at a time when they were also adding ca­pac­ity, re­ports Mi­hir Mishra.

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