Exchange rates to provide for 5-7% savings in package costs; consultants forecast higher property purchases by Indians; currency depreciation to make education cheaper
Fares would vary according to sector.
This was achieved despite falling tourist arrivals post Babri Masjid demolition in December 1992.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
Vistara and AirAsia India have been lobbying for the relaxation of this rule.
The combined sales of the branded versions of the products in the US is about $3.5 billion.
Carriers' input costs are rising due to weak rupee and rising crude oil price.
Domestic jet fuel prices are up 7%, but are still 14% lower on a y-o-y basis. While lower fuel prices have brought respite to airlines, their non-fuel costs are rising because of rupee depreciation
The working groups will comprise representatives of airlines, airport operators and the AAI.
Jet's advertising and that of most other airlines has been limited to new routes or promotional fares.
Etihad is the fourth airline to operate the super jumbo aircraft to India.
Company aims to build five Rs 100 cr-plus brands and launch products from South African arm in domestic market
While the Taj remains popular amongst celebrity guests, many ordinary foreign visitors are skipping it
Officials also denied that security concern regarding construction of multi-level parking lot near the ATC tower was behind the idea to build control tower in Kalina
Lohani orders staff to ensure maintenance and cleanliness of hi-lift catering trucks
At the heart of the current controversy is the government's FDI rule
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.
The government is keeping its options open.
AirAsia India began operations in June 2014.
With oil prices in a free fall, the airline is looking at regaining some of its lost share.
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