Indian Railways News => | Topic started by RailEnquiry Admin on Sep 30, 2016 - 22:29:48 PM |
Title - Air travel surpasses Indian Railways revenuePosted by : RailEnquiry Admin on Sep 30, 2016 - 22:29:48 PM |
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Someday somebody must have imagined that air travelling might generate more revenue than Indian railways and finally the imagination came true when revenue generated by Air Travel companies surpassed revenue of Indian Railways. After a long recession time finally airline companies can sense some good long relief especially when railway fares are going higher and higher with every passing year. This year air travelling generated a revenue of 1.75 lakh crore rupees while Indian railways got stuck at 1.65 lakh crore rupees. The main hurdle for Indian railways is high fares of AC 2 tier and ever-increasing fare of AC3. AC 1 doesn’t even counted as most of travelers have some kind of travel pass. Now, one can also say that air travelling has also become a common man’s choice especially after so many low cost airlines are chipping themselves in. Railway is bound to increase fares as operating cost and infrastructure input is rising day by day, where comparably airlines do not need such heavy cost input infrastructure to operate. With introduction of flexi fares in high priority trains and AC 2 fares are touching fares of air travel, more and more passengers are opting air travel. |