- In order to stabilize the falling demand, a number of major UAE airlines are offering concessions to the passengers.
- Australia's Qantas airline announced that it would reduce international flights by nearly 25pc.
Apart from slowing down the global economy the outbreak of the novel coronavirus has brought in major challenges for the airline industry, which is witnessing a sharp drop in bookings.
In order to stabilize the falling demand, a number of major UAE airlines are offering concessions to the passengers. As per Khaleej Times, a search for return air ticket prices on the travel company website skyscanner.ae from March 13 to March 20 to Kerala's Kochi, for example, is at Dh698 on Air India and Air India Express.
Emirates is offering tickets for Dh895 towards the same sector. Tickets to Mumbai are at Dh660 and to Karachi from Dubai on the same dates are at Dh862.
The average airfare has dropped by five percent YoY informed Mamoun Hmedan, managing director, MENA and India of Wego, a travel booking website. “A lot of airlines are offering discounts and deals to make up for the decline in demand,” he said.
A number of airlines are announcing to cut flights as well, including Australian giant Qantas airline that announced that it would reduce international flights by nearly 25pc as it sees demand fall from passengers worried about the coronavirus.
Qantas and its budget airline Jetstar will reduce operations for the next six months.