Airfares between India and the United Arab Emirates (UAE) could see a reduction of up to 20 percent if air travel capacity doubles over the next five years.
According to a report by CNBC-TV18, UAE Ambassador to India Abdulnasser Alshaali highlighted that such a decrease in ticket prices could lead to savings of up to 1 billion US dollars for Indian consumers.
Alshaali revealed that the UAE has proposed a 4:1 air connectivity arrangement with India….