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Friday , November 27 2020

Air ticket prices drop to 64% lesser in 20 yrs

KUWAIT, Dec 13 An average price for round trip ticket is currently 293 USD (without taxes and additional fees) which is 64% lesser then what use to be 20 yrs ago reports AlQabas as per Air Transport Association.

Etihad estimated the number of passengers in 2019 at 4.54 billion, with an expected increase of 4% in 2020 to 4.72 billion. The average net profit per passenger is $5.7 and is expecting to increase its profit to $6 in the year 2020.

Sources said that air transport sector will record a profit of $25.9 billion. Although this years performance was bit disappointing in shipping which recorded 61.2 million tons in 2019 which is lowest in 3 yrs

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