In India - Airlines are ordering 100's of aircrafts, ticket prices surged, people are thinking to avoid pricy tickets, due to jobs. We are not in recession. How are the calculations made for count of aircrafts to buy?
Europe - their economy ain't better than India currently, why do they need more aircrafts?
Care to explain the math of survival/profit??
Well more and more people are flying these days and new airports come up which also require more planes and not to mention all those cargo planes for your 2 day shipping needs.
Moreover it takes time to build a jet and there are like only 2 large players in the market - Boeing and Airbus so you need to setup a multi year plan and timeline for order and delivery.
Read about red ocean strategy.
Airline business is cut throat competition business. Companies will do anything to kill market share of others.
So why are domestic flights more expensive than International flights?
I was checking flight to Ranchi for today it is showing 21k
While today's flights for Bangkok is 14k flight for Dubai is 13k flight for hongkong 16k
Does anyone feel like domestic flight rates increased 1.6x -2x for 2024?
what's the reason for this surge even when there are no long weekends?
Any tricks to get back to old prices atleast at 1.3x?