Thursday, November 17, 2016

Airlines in flyer hunt after demonetisation

New Delhi: This peak travel season airlines are forced to offer special schemes to fill up planes as demonetisation has led to a sharp fall in travel. While domestic air bookings were hit soon after the move was announced last Tuesday, now even international ticketing is seeing a decline.
Bharath Mahadevan, India head of Scoot, Singapore Airlines' (SIA) low cost airline which flies from the island nation to Jaipur, Amritsar and Chennai in India, said the airline used to have 500 sector bookings a day which have fallen 10% after last Tuesday.
SIA's other budget airline Tiger has also seen the 1,000-odd sector bookings a day from India fall by 10%. "We were looking at promotional fares from February due to low season then. But because of the dip in travel demand caused by demonetisation, we may start the offers from December to entice demand from Jaipur, Amritsar to Singapore," Mahadevan said.
Travel portal Yatra president Sharat Dhall said: "Announcement of sale by airlines like Jet Airways and IndiGo in peak travel season comes as a pleasant surprise to Indian travellers. Airlines have reported a short term drop in ticket sales post the demonetisation announced by the government last week, and this could be an attempt to catalyse demand and bring travellers back to the market. We anticipate that the other carriers are likely to also follow suit."
17/11/16 Saurabh Sinha/Times of India