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Airlines Double Airfares for Domestic Flights

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Airlines Double Airfares for Domestic Flights
Posted 1 week ago by Ambreen Shabbir
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The prices of the airline tickets have doubled for domestic flights in the past three weeks.

As per the sources, Pakistan International Airlines have set the price for a one-way flight ticket from Lahore to Karachi at Rs. 30,135. AirBlue is charging Rs. 26,000 while Serene Air is charging Rs. 36,000 for the same flight.



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Whereas, the same ticket could be purchased at almost half price, i.e., from Rs. 14000 to Rs. 20000. Notably, PIA, AirBlue, and SereneAir have also cut down the number of aircraft available for domestic flights.

The reason for the price hike remains unknown, as the Civil Aviation Authority (CAA) has not said anything about the issue yet. Nevertheless, the probable cause of this hike can be rupee devaluation against the dollar, as is the case with price hikes in other sectors.

@Nilgiri @VCheng
 
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The reason for the price hike remains unknown, as the Civil Aviation Authority (CAA) has not said anything about the issue yet. Nevertheless, the probable cause of this hike can be rupee devaluation against the dollar, as is the case with price hikes in other sectors.

Simple math: it takes more units of a shrinking currency to buy goods and services. And the inflation wave is just beginning.
 
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