Airline

Airfare may rise by 20pc this summer

April 19- Airfares are expected to increase by 20 per cent this summer, starting from mid-May, while the demand for air travel could increase by 10 per cent, said the International Air Transport Association (IATA) on Sunday. A renewed interest in leisure travel, coupled with capacity cuts and rising fuel prices is expected to give the aviation sector that much-needed boost post 2009, which saw the industry incur losses of about $9.4 billion (Dh34.5bn).
While some analysts were predicting more than a 30 per cent rise in summer fares compared to the same period last year, sluggish demand in corporate travel has kept fare prices in check. "Airfares have not witnessed too big a jump in comparison to 2009, but we do see demand picking up on some sectors, especially routes such as Cairo, which are almost sold out," said Samer Ascha, General Manager, Sky Line Travel, Tourism and Shipping. "Even though it's too soon to predict, we can anticipate an increase of nearly 20 per cent."
However, Ghassan Aridi, CEO, Alpha Tours, said that "I don't think airfares will rise more than five per cent compared to last year. The economic crisis has not cleared yet, and people are still hoping for a last minute bargain.”
 

More Airline
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
Kazakhstan's new tourist attraction - fa...
Summer in Turkey...
Taif Season attracts more than 750,000 v...
Featured Sights To See
Sunda Kelapa Port / Old Harbour

Sunda Kelapa Port / Old Harbour

Jakarta, Indonesia

The old port area of Sunda Kelapa remains today as a bustling hub for inter islands trade. Graceful Bugis phinisi schooners, the world's last wind-powered sailing fleet used for trade, still berthed at the quay as they have for century. ...

Maropeng

Maropeng

Johannesburg, South Africa

Maropeng is a new exhibition center that focuses on the evolution of the human race and how we have affected the planet. It consists of a boat ride through a series of tunnels portraying volcanoes, icebergs, and other basic elements of the earth and then to the beginning of time and then the present day. It highlights the formation of the continents, man's emergence and evolution, emergence of tec...

Binbirdirek Cistern

Binbirdirek Cistern

Istanbul, Turkey

The Binbirdirek Cistern, also known as the Cistern of Philoxenos, is a subterranean reservoir near the Hippodrome.  It was originally built in the fourth century AD beneath the Palace of Antiochus.  The cistern was used up until the Ottoman conquest in 1453 when it was abandoned.  In the 17th century it was rediscovered, though it has remained unused.  The cistern is capable of...

Mount Lebanon

Mount Lebanon

Beirut, Lebanon

Mount Lebanon is the name of the mountain range that bisects the country.  They are one of its greatest gifts.  In the summer they provide spectacular views, hiking, and a relaxing escape from Beirut.  In the winter they provide the region’s best skiing.  Throughout much of history, they protected the coastal cities from invaders, allowing trade to thrive.  The highest pea...