| For all those who thought the season of lowest | | | | that this trend of low air fares will continue to exist |
| airfare is over there is a good news. The season is | | | | for more years is because many of the airlines are |
| not over but is just beginning. If you are thinking that | | | | suffering from huge losses over a couple of years. |
| you have missed the best opportunity to fly at low | | | | With the insertion of new low cost flights in the |
| air fares then think again. These low flight charges will | | | | domestic circuit, they don't have any choice but to |
| remain at least for a period of another 1-2 years. | | | | reduce their fares to be in the competition. |
| The aviation industry has seen many ups and downs | | | | A Bangalore flight ticket from Delhi would have cost |
| but none more dramatic than the current one. The | | | | you anywhere near Rs.8,000.00 in the year 2008. But |
| industry has seen a high until 2008 before the | | | | the same is now available at almost less than half |
| recession started. The flight charges were at their | | | | price. |
| peak and a flight journey seemed to be a distant | | | | Why low fares? |
| dream for a common man. However all this changed | | | | The reason why most of the airlines are sticking to |
| quite dramatically in a matter of 6 months or so in | | | | the low fares is because of the low load capacity |
| 2008. | | | | and stiff competition among the competitors. Most of |
| There were hardly any takers for flight travel by the | | | | the airlines are operating their flights in loss because |
| end of 2008 as most of the corporate companies | | | | of the fall in air traffic. To cover the operating costs |
| chose to cut down the air journey expenditure. Many | | | | the airlines have to offer some seats at very low |
| CEO's of MNC's decided to travel by economy class | | | | costs or almost zero base fare. |
| instead of business class. None of the companies | | | | These seats which will be unoccupied are now being |
| were ready to incur huge expenditures on air travel. | | | | occupied by the first time fliers at a low costs. This in |
| Even the Government directed their higher ups to | | | | turn helps the airlines to recover their cost of fuel |
| travel by economy class. All this had a severe effect | | | | and other charges even if they're not able to make |
| on the industry and many airlines had to come up | | | | much profit out of these seats. This strategy will help |
| with an idea where they had to sell tickets for | | | | the airlines to float in this competition and once the |
| lowest airfare than ever before. | | | | situation improves they'll be able make profit like |
| Why the trend will continue? | | | | earlier times. |
| One of the main reasons why you need to believe | | | | |