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From Airbus to bus: Private operators hope to retain travellers as demand rises amid ongoing IndiGo fiasco
MINT· 2025-12-11 00:30
Core Insights - The cancellation of IndiGo flights has led to a surge in demand for bus travel, with private operators and online ticketing platforms capitalizing on the situation to attract more users [1][4]. Group 1: Market Response - Bookings at redBus increased by 17% from December 5 to 8, following flight cancellations from December 1 to 4, with over 30% surge in bookings across 70+ routes in major cities [2][3]. - Demand for short-haul routes, typically dominated by flights, has risen significantly, particularly in Andhra Pradesh and Telangana, indicating a shift in traveler preferences due to airline disruptions [3][4]. - Search volumes for major metro routes increased by 36%, reflecting heightened travel anxiety among users [3]. Group 2: Company Performance - Leafybus, an electric bus operator, reported an increase in occupancy from 90% to 99% due to the rise in demand [6]. - AbhiBus noted a 10-15% increase in bookings across key intercity routes in recent days [7][8]. - FlixBus India experienced a slight increase in demand but is prepared to add capacity as needed [7]. Group 3: Pricing Dynamics - Bus operators have implemented dynamic pricing, with an average fare increase of 25% on high-demand routes; Leafybus raised its ticket price from ₹500 to ₹750 [9]. - Operators are focusing on maintaining customer service and punctuality to retain travelers even after the flight disruptions end [10][11]. Group 4: Industry Growth - The intercity bus ecosystem in India has seen significant growth, with private bus operators selling 140 million seats from April to September, up from 112 million the previous year [11]. - Gross ticket value rose from ₹10,718 crore in 2024 to ₹13,216 crore this year, indicating a robust market expansion [12]. - The number of active private bus operators increased by over 1,000 to 6,073, highlighting the growing competitiveness in the sector [12].
The gray area of dynamic pricing #shorts #markets #pricing #industry
Bloomberg Television· 2025-09-12 18:50
Wendy's flirt with this idea of doing the surge pricing for burgers and they're trying to learn from the Uber. Wubber of course in this particular situation the surge pricing really helps the consumers. So there wasn't a whole lot of backlash when you surge pricing on the one hand you got to manage the demand simply because more people probably would decide that they're not going to take a Uber. They're going to take a subway take the bus and so on so forth.Most importantly, the surge pricing will help you ...
X @The Wall Street Journal
The spread of electronic shelf labels in grocery stores has raised alarms among U.S. lawmakers and consumers who fear they could unleash surge pricing in the aisles https://t.co/vxaqrJqJXl ...
X @The Wall Street Journal
The spread of electronic shelf labels in grocery stores has raised alarms among U.S. lawmakers and consumers who fear they could unleash surge pricing in the aisles https://t.co/6b4aOXVbBQ ...