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Reading: India-UAE Open Skies Agreement May Reduce Airfares, Save $1.05 Billion
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alt="India-UAE Open Skies Agreement May Reduce Airfares, Save $1.05 Billion"
The Arabian News > World > India-UAE Open Skies Agreement May Reduce Airfares, Save $1.05 Billion
World

India-UAE Open Skies Agreement May Reduce Airfares, Save $1.05 Billion

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A new report points out that an Open Skies agreement between India and the UAE would dramatically lower airfares, helping millions of passengers. The suggested policy would permit unlimited flights between the two countries, driving competition and reducing ticket prices.

Experts opine that doubling the capacity on India-UAE routes would save passengers a whopping $1.05 billion. The enhanced connectivity would not only reduce travel costs but also spur tourism and business relations between the two nations.

Presently, demand for travel between India and the UAE exceeds supply by far, resulting in high prices, particularly during peak travel seasons. An Open Skies policy would enable additional airlines to operate freely and create a competitive market that is favorable for consumers.

While talks of expanding bilateral air pacts are on, industry leaders are calling for policymakers to keep passenger interests paramount. A shift towards Open Skies could redefine the aviation industry, making flying between India and the UAE cheaper and more convenient.

 

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