logo
Ahmedabad–US airfares nosedive as visa rush slows

Ahmedabad–US airfares nosedive as visa rush slows

Time of India09-05-2025

Ahmedabad: If you have ever dreamt of flying to the United States but were grounded by sky-high airfare, this summer might just be your moment, provided you have a valid visa to the American land.
A sharp dip in travel demand, especially among students, coupled with visa woes for tourists and foreign education aspirants, has led to a dramatic fall in airfare prices from Ahmedabad to the US, offering a golden window for globetrotters, according to industry players.For travel booked on May 8 for a round trip between June 8 and 21, the cost of a one-stop, 19-hour flight between Ahmedabad and the US is now pegged at approximately Rs 85,000. That breaks down to just Rs 42,500 one-way — nearly or less than half of what flyers paid last year. Compare that with the jaw-dropping summer 2024 fares that reached up to Rs 2.2 lakh for a round trip."This is a steep decline as compared to last year. It will benefit tourists who plan to visit the US this year. However, there is a marked 35-40% decline in group tour bookings to the US, thanks to visa issues and unavailability of slots for visitor visas. Moreover, the uncertainty around policies of the new govt, more people are refraining from making travel plans to the US," said Manish Sharma, owner of a travel company from Ahmedabad.Visa woes have deterred many visitors from going to the US. An overall reduced intake has impacted airfares. Virendra Shah, a travel expert, said, "A combination of factors including changing visa policies amidst geopolitical shifts have caused fewer flyers to visit the US. With the US govt's stricter immigration stance tightening the pipeline for students and tourists, the once-bursting outbound traffic from India has notably thinned. Fewer visa approvals mean fewer fliers, and airlines are responding by slashing prices to fill up seats. Due to stricter policies, people are rethinking their travel plans."According to travel industry players, flights to the US from not just Ahmedabad, but also Mumbai and Delhi, are seeing a similar trend. "Due to visa issues, fewer students are going this time around as compared to last year. Moreover, student visits will begin from July-end onwards for the fall intake and therefore, the current airfares will certainly be less," said Bhavin Thaker, foreign education consultant.Additionally, improved air connectivity between India and the US has played a key role in the reduction of fares. With more one-stop options and streamlined connections through international hubs, flyers now enjoy better schedules and competitive pricing. This fare drop comes as an unexpected relief for leisure travellers, business professionals and even Indian Americans planning to visit family back home.Photo Quotes:Leisure travel remains strong, with 15-day tourist packages selling well for those with valid visitor visas. Such tourists currently benefit from lower airfares to the US.Virendra Shah, travel expertStudent travel numbers this season are expected to be lower due to visa issues and limited appointment availability. Airfares are likely to increase towards the end of July as the peak season for the fall intake begins Bhavin Thaker, foreign education consultant

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

RBI-led initiative to curb digital frauds gains momentum, banks roped in to set up DPIP
RBI-led initiative to curb digital frauds gains momentum, banks roped in to set up DPIP

Time of India

time36 minutes ago

  • Time of India

RBI-led initiative to curb digital frauds gains momentum, banks roped in to set up DPIP

In a bid to rein in the increasing incidence of digital payment frauds , major public and private sector banks have been roped to develop Digital Payment Intelligence Platform (DPIP) as a Digital Public Infrastructure (DPI) under the supervision and guidance of the RBI . The proposed platform seeks to bolster fraud risk management by facilitating real-time intelligence sharing and gathering, thereby preventing fraudulent digital transactions, sources said. According to sources, the institutional structure of the proposed entity would be created with the help of both public sector and private sector lenders as fraud is a common monster. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Earlier this month, a high-level meeting in this regard was convened to finalise the structure of the platform where senior bank officials, RBI officials and other stakeholders were present. Since the issue is one of the top agenda for both the government and the Reserve Bank of India (RBI), sources said the platform should become operational in the next few months. Live Events Once operational, DPIP will collect and analyse data from various sources to identify potential threats and prevent fraudulent activities. By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions. Reserve Bank Innovation Hub (RBIH) has been assigned for building a prototype of DPIP in consultation with 5-10 banks. It is going to leverage advanced technologies to curb payment-related frauds. RBI, in June last year, formed a committee, chaired by A P Hota, former MD & CEO of NPCI , to examine various aspects of establishing this digital public infrastructure. According to the latest annual report of the RBI, there has been a significant surge in bank frauds, with the amount involved rising nearly three times to Rs 36,014 crore in FY25, compared to Rs 12,230 crore in the previous year. Of this, as much as Rs 25,667 crore worth of frauds were reported by public sector banks as against Rs 9,254 crore a year ago. Frauds have occurred predominantly in the category of digital payments (card/internet) in terms of the number and primarily in the loan portfolio (advances) in terms of value, it said. While card/internet frauds contributed maximum to the number of frauds reported by private sector banks, frauds in public sector banks were mainly in advances, it said.

Bad news for employees of THIS company as these workers may be sacked due to…, Not Ratan Tata's TCS, Azim Premji's Wipro or Narayana Murthy's Infosys
Bad news for employees of THIS company as these workers may be sacked due to…, Not Ratan Tata's TCS, Azim Premji's Wipro or Narayana Murthy's Infosys

India.com

time36 minutes ago

  • India.com

Bad news for employees of THIS company as these workers may be sacked due to…, Not Ratan Tata's TCS, Azim Premji's Wipro or Narayana Murthy's Infosys

Narayana Murthy, Late Ratan Tata, Azim Premji (Left to right) Massive layoff at Amazon: In a significant bad news for the employees of Amazon, Amazon CEO Andy Jassy has confirmed that the company will gradually reduce its corporate workforce over the next few years. As per the company, key roles like customer service, software development, HR, and middle management can possibly be phased out due to extensive implementation of generative AI and automation tools. Here are all the details you need to know about the possible massive layoff at Amazon. Massive layoff at Amazon The company added that over 1,000 internal AI agents in inventory forecasting to automated seller listing tools are already streamlining operations and the resulting layoffs are expected to occur through natural attrition rather than large-scale cuts. Media reports note that around 14,000 manager-level roles have already been eliminated this year and more layoffs are expected to follow. Amazon India to invest over Rs 2,000 crore in 2025 In another related event, Amazon announced that it will invest over Rs 2,000 crore ($233 million) in 2025 to expand and upgrade operations infrastructure, improve associate safety and well-being programmes, along with developing new tools and technology for its fulfillment network. As per a report by IANS news agency, the new investment builds on top of Amazon's investments in creating an operations network that helps the company deliver to all serviceable pin-codes across the country. 'For over a decade now in India, we have been focused on building the best-in-class logistics infrastructure — designed to deliver with safety, speed, scale, and reliability for our customers across the country,' said Abhinav Singh, VP-Operations, Amazon India and Australia. 'By strengthening our infrastructure capabilities, enhancing processing capacity, and implementing state-of-the-art technology, we're positioning Amazon to better serve customers throughout India while supporting our employees, associates and partners who are the heart of it all,' Singh mentioned. (With inputs from agencies)

Raymond Realty to launch ₹14,000 cr projects in FY26, listing on July 1
Raymond Realty to launch ₹14,000 cr projects in FY26, listing on July 1

Business Standard

time39 minutes ago

  • Business Standard

Raymond Realty to launch ₹14,000 cr projects in FY26, listing on July 1

Raymond Realty will launch six residential projects this fiscal in the Mumbai Metropolitan Region with an estimated revenue potential of about Rs 14,000 crore as the company looks to expand the property business amid strong demand. In an interview with PTI, Raymond Realty CEO Harmohan Sahni announced that the company will get listed on stock exchanges on July 1, post demerger of the real estate vertical from Raymond Ltd, which will now focus on just the engineering vertical. The demerger will position Raymond Realty to pursue its growth trajectory as an independent pure-play real estate business. Sahni highlighted that the company has a huge land bank in the Mumbai Metropolitan Region (MMR). "In 2019, we started our first project. In the last six years, we have built a significant presence at Thane and Mumbai in MMR," Sahni said. "The total gross development value (GDV) of about Rs 40,000 crore is what our portfolio looks like today. Out of that Rs 10,500 crore worth of projects have already been launched," he added. Sahni said the remaining projects would be launched in the coming years. Asked about the pipeline for the current fiscal, Sahni said the company will launch six projects in MMR this fiscal with sales bookings potential of around Rs 14,000 crore. The company will offer housing units in a price range of Rs 2 crore to Rs 20 crore in the upcoming projects. Sahni said the company is focusing a lot on quality and timely completion of projects. Since its inception, Raymond Realty has completed two housing projects, while six projects are under construction. Mumbai-based Raymond Realty, one of the leading real estate firms in the country, sold properties worth Rs 2,314 crore last fiscal as against Rs 2,268 crore in the preceding year. Raymond Realty's revenue rose 45 per cent to Rs 2,313 crore in 2024-25 from Rs 1,593 crore in the preceding year. Sahni said the company is exploring acquiring more land parcels in MMR under joint development agreements (JDAs) with landowners. It also wants to enter the Pune residential market under the JDA model. On the upcoming listing of Raymond Realty, the company said the demerger scheme has become effective from May 1, 2025, and the record date is May 14, 2025, for the purpose of determining the eligible shareholders of the demerged company, Raymond Ltd. According to the scheme of arrangement, each shareholder of Raymond Ltd will receive one share of Raymond Realty Ltd for every share held in Raymond Ltd. Raymond Group has been a pioneer and leader in fabric manufacturing since 1925, and then forayed into other sectors such as engineering business and real estate. After demerging its lifestyle business into a separate listed entity in 2024, Raymond Ltd is now carving out the real estate vertical into a separate listed entity. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store