Airfares should be affordable: Thomas Cook

He,however,said that since airlines are commercial entities so a balanced fare is required.

8220;8230;please remember that airlines are commercial entities8230; they need to make money so there has got to be a balance in the whole thing,8221; Menon added.

The government intervention has put pressure on the domestic airlines to lower the overall fares on several sectors after they hiked it earlier by about 200 per cent in few sectors.

The overall airfares have come down by about 20-25 per cent in the past week.

Menon was in the capital to announce the launch of the second edition of Thomas Cook Indian Gulf League.

The league has been scheduled for duration of 12 weeks and will contain 14 competitive event rounds of golf played at five different partner courses. Five leading scores from each day qualify for the finals,which will be the 15th and concluding event.

The main participation in the league will come from players who will 8220;pay and play8221; by paying Rs 1,200.

Commenting on Thomas Cook India8217;s growth plans,Menon said that the company8217;s winter sale is expected to grow by 15 per cent this year compared to the corresponding period last year.