In a fast-growing aviation market like India where the air traffic demand is on the rise, there are concerns about airfare trajectory and suggestions from various quarters to make air tickets more affordable.
Discussing overall airfares and the costs of airlines, Thomsen said airlines do not have any influence on the prices they pay.
"There are too few aircraft manufacturers and oil companies. Whatever supplies we are looking at upstream, we are price takers and downstream, we have the hyper competitive environment where all customers can see all fares from all airlines at all times. So, we always compete in price," she told PTI in an interview in Geneva earlier this week.
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Ashwin: Player who never believed in playing it safe
The off-spinner decided to retire from international cricket at the end of the third Test against Australia
Rain plays spoilsport as Test ends in draw
India escaped with a crucial draw in the weather-hit third Test against Australia after intermittent rain wiped out the majority of play on Day 5, leaving the five-match series tantalisingly locked at 1-1.
INDIA TO FACE PAK IN INAUGURAL KHO KHO WORLD CUP OPENER ON JAN 13
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With T20I series on line, India look to make amends vs WI
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Will go to MCG with confidence: Rohit lauds late order fightback
Indian skipper Rohit Sharma hailed the resilience of the lower-order batters after his team managed to salvage a crucial draw in the rain-hit third Test against Australia here on Wednesday, saying it has given the side renewed confidence for the remaining series.
Trump threatens to impose reciprocal tax on India
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NET DIRECT TAX COLLECTION GROWS 16.45% TILL DECEMBER 17
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Nissan and Honda consider merger
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Institutional investments in Indian RE hit peak at $8.87 bn
Institutional investment in Indian real estate (RE) rose 51% to a record $8.87 billion during 2024 as investors look to encash strong demand for housing, office and warehousing properties, according to JLL.
High interest rates big deterrent for MSMEs, govt working on plan
The country's high interest rates are a big deterrent for the exporters community and the commerce ministry is working with its finance counterpart to help them at this front, a senior government official said on Wednesday.