Empty Seats Rise For Indian Airlines First Time In 10 Quarters

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Indian airlines pulled a sheet from the playbook of telecommunications operators: they accept fewer customers but charge a higher price. The occupancy was reduced for the first time in 10 quarters in the three months ending in December, as carriers increased the prices of the tickets to cover the higher costs, according to data from the General Directorate of Civil Aviation. The passenger load factor, the percentage of seats occupied, decreased 296 basis points