Prime News, National (New Delhi), September 4:- Union Minister Jayant Sinha on Monday claimed that airfare is cheaper than auto-rickshaw fare. “Today airfare is less than that of an auto-rickshaw,” said Sinha.
“You’ll ask how is that possible? When two people take an auto-rickshaw they pay a fare of Rs 10 which means they’re charged Rs 5/km but when you go by air you are charged Rs 4/km,” added the Minister of State for Civil Aviation.
Sinha’s comment comes in the backdrop of Indian airlines posting massive losses.
According to a study by CAPA India, Indian airlines are expected to post combined losses of up to $1.9 billion this financial year, led by full-service carriers like Air India and Jet Airways driven by rising costs and low airfares. (MR, Inputs: Agencies).