High demand + lower supply = higher fares. This is the standard theory in the airline industry.
Mismanagement + poor planning + high demand + low supply = super high fares, and passengers suffer. This is the case in Nepal.
Flight prices are leaving travellers frustrated in a country that aspires to attract 1.6 million tourists by the end of this year to come to the aid of its ailing economy.
Airfares have increased nearly fourfold in Southeast Asia, while they have more than doubled for flights to the West.
For instance, travel agencies say a one-hour and 15-minute Kathmandu-Delhi flight will now cost Rs80,000 one way from the first week of November, which is the highest rate of a flight based on the Reservation Booking Designator (RBD)….
