BANGALORE: India has always been known for its budget-friendly market and money-saving citizens. Spending on luxury and air travel is still done in limited manner in Indian households, though the reducing air fares have caused many Indians to fly domestically.
A study by GoEuro estimated the cost in $ for travelling 100 km in a particular country by three modes: bus, train and air. The result showed that India is the cheapest place in the world to take a flight.
Giving a surprising result says that train was more expensive compared to any other travelling medium. While train may sound luxurious with its air-conditioned coaches; second and sleeper class fares are still relatively cheaper.
Cost of air travel in India is almost half of that in China ($20.06 or 1,203) and about one thirteenth in the most expensive country in terms of air travel, Finland ($138.90 or 8,334), says the study.
The study pegged the average cost of 100 km of air travel in the UK at $30.45 (1,827) and the U.S. at $13.89 (833).
Most of the domestic carriers in India are losing money due to the fierce competition and high operating costs. The competition among Airlines with fares will see a stronger and fierier battle grounds in near future and is not nearing any point of ease.