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Wednesday, June 7, 2017

India is third in best-value fares



India dropped to a third position from its top slot on offers for the best-valued air ticket prices on its domestic and international routes worldwide, as airfares soared in 2017, a recent study by Kiwi.com showed.
The survey said India’s average flight cost for travel of 100 km rose from $3.25 in 2016 to $4.96 in 2017.
India ranked third in best-valued air ticket prices in 2017 — a fall by two rungs from number one a year earlier, Kiwi.com’s 2017 Flight Price Index said.
Malaysia, with airfares at $4.18 for 100 km travel and Bulgaria ($4.65) preceded India. Online portal Kiwi.com conducted a research of short-haul and long-haul flights from 80 of the world’s most frequently visited countries and cities, calculating an average ticket cost per 100 km of travel, using high and low season flight costs for over a million journeys.
However, India’s full-service carriers offered the cheapest airfares at $4.25 (2.67 per 100 km travel.
India’s average fares on low-cost domestic flights rose from $2.27 to $3.88.Average international fares on low-cost flights rose from $3.54 to $5.81 and on full-service carriers from $4.51 to $6.51 per 100 km travel.
“Ticket prices fluctuate constantly for a myriad of reasons,” said Kiwi.com CEO Oliver DlouhĂ˝. “Year on year changes can partly be attributed to fuel prices, sociopolitical shifts such as Brexit, recent elections and fluctuations in foreign exchange rates,” he said

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