why did yeti drop upper-class fares?
Yeti Airlines dropped upper-class fares mainly due to a reduction in VIP travel demand, which led to a 15% drop in occupancy on the Pokhara-Kathmandu route. This decrease in VIP passengers also helped the airline significantly cut down on state and event management expenses. Despite these challenges, Yeti Airlines still managed to serve around 900,000 passengers last year, showing resilience in Nepal's tough aviation environment.
Sources
- VIP influx stopsNagarik News
- (untitled)ICT Frame
- Yeti Airlines Flies 900,000 Passengers in 28th YearThe Himalayan Times
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