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    DOMESTIC TRAVEL

    Up, up and away! After pandemic, more senior citizens are packing travel bags

    Post-pandemic, senior citizen travel surged. Thomas Cook launched packages with Sakura tour and 25% Europe travel growth. Domestic travel rose 15%. GenS app to offer immersive experiences. Silver Citizens group grew to 400. Increased cruising demand. Varanasi, Ayodhya, Shirdi, and more destinations saw double-digit flight booking growth. Rajeev Kale highlighted short-haul international travel.

    Regional airports found wind beneath their wings in FY24

    India's hinterland air travel surged last year, driven by civil aviation ministry data and government schemes. Airports like Diu, Pantnagar, Tezpur, and Prayagraj saw significant growth, boosted by the Udan scheme and low fares. IndiGo and other airlines expanded services, with CFO Gaurav Negi highlighting the importance of regional routes for broader networks.

    Indian airports need to review their pricing strategies: CAPA India

    Indian airports can increase profitability by increasing non-aeronautical revenues, according to aviation consultancy firm CAPA India. The consultancy found that airports on Public Private Partnership (PPP) mode generate more non-aero revenues than those operated by the Airports Authority of India (AAI). The consultancy suggested that Indian airports need to review their pricing strategies and consider whether aero charges reflect demand on resources.

    Bringing down airfares on new minister Ram Mohan Naidu's radar

    Aviation is a deregulated sector and airlines fix fares based on supply and demand, as well as seasonality. Last month, the Delhi High Court refused to give guidance to cap airfares saying that aviation is a capital-intensive sector. "Regulated free play given to the airlines to implement dynamic pricing of the fares for each flight appears to be in conformity with the norms followed worldwide," the court said in its ruling.

    IndiGo bets on affordable long-haul plan: CEO Pieter Elbers

    IndiGo, known for its single-class model, is shifting to dual-class to cater to India's growing air travel market. With rising affluence, more Indians are exploring international travel, a trend IndiGo aims to capitalize on. Managing operations at Delhi airport's three terminals is challenging but supported by the government's vision for aviation. Hosting IATA's AGM in 2025 showcases India's aviation potential. IndiGo's strategy reflects its belief in India's growth, aiming to offer affordable fares and quality service to a broader range of travelers.

    Airport industry's pre-tax profit to grow 35% in FY25, CAPA India says

    India's airport industry is expected to see a 35% rise in pre-tax profit for fiscal year 2025, driven by strong demand for air travel, as estimated by aviation consultancy CAPA India.

    The Economic Times
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